Home/Perp DEXes/Merkle/Pudgy Penguins (PENGU)

Merkle · PENGU · Platform × Asset

Can You Trade Pudgy Penguins (PENGU) on Merkle?

YesPENGU-USD perpetual · Aptos

LEVERAGEup to 150x MARKETPENGU-USD FUNDINGcontinuous Browser Wallet Non-custodial TAKER0.06%

Yes — Pudgy Penguins (PENGU) trades on Merkle as PENGU-USD. Every venue with a PENGU market is compared below.

On this pageListing specs Where else How to trade FAQ

MERKLE × PENGUListed

PENGU-USDPudgy Penguins perpetual on Merkle

Merkle · listed

Yes

Merkle · max lev

150x

Merkle · funding

continuous

PENGU on Canborsa5x · 24/7 · 0.07% / side

Canborsa fundingevery 1h

Trade PENGU on Canborsa ›

Merkle · at a glance

Listed

PENGU-USD · livePudgy Penguins perpetual on Merkle

150x

max leveragePENGU on Merkle

continuous

funding intervalContinuous funding on Merkle

on CanborsaPENGU-PERP · 24/7 · 0.07% per side

PENGU

Listing specs · the key numbers

PENGU-USD on Merkle — the key numbers

PENGU-USDLive

Crypto · Merkle · Aptos

MarketPENGU-USD perpetual

ChainAptos

Max leverageup to 150x

Quote currencyUSD

Fundingcontinuous

Venue fees0.03% maker / 0.06% taker

Sign-up Browser Wallet Non-custodial

Merkle — perp DEX on Aptos · 71 markets · live since 2023

Crypto · Gold & commodities · FX · funding every continuous

Aptos Browser Wallet Non-custodial TAKER / MAKER0.06% / 0.03%

Merkle review & fees →Merkle fee schedule →

Availability · where pudgy penguins trades

Where else does pudgy penguins trade?

15 venues list a pudgy penguins perpetual, Canborsa included. Sorted by max leverage, highest first.

Platform

Max lev

Taker fee

Sign-up

Chain

CanborsaSign up›

5x

0.07%

Browser Wallet Non-custodial

Canton

gTrade

150x

0.035%

Browser Wallet Non-custodial

Arbitrum

ApeX

50x

0.05%

Browser Wallet Non-custodial

zkLink X

Avantis

20x

0.045%

Browser Wallet Non-custodial

Base

Extended

10x

0.025%

Browser Wallet Non-custodial

Starknet

Lighter

8x

0%

Browser Wallet Non-custodial

Lighter L2

Helix

5.5x

0.0001%

Browser Wallet Non-custodial

Injective

dYdX

5x

0.05%

Browser Wallet Non-custodial

dYdX Chain

Hyperliquid

5x

0.045%

Browser Wallet Non-custodial

Hyperliquid L1

Pacifica

5x

0.04%

Browser Wallet Non-custodial

Solana

Aevo

3x

0.08%

Browser Wallet Non-custodial

Aevo Chain

Aster

—

0.04%

Browser Wallet Non-custodial

BNB Chain

GMX

—

—

Browser Wallet Non-custodial

Arbitrum

Storm Trade

—

—

Browser Wallet Non-custodial

TON

Variational

—

0%

Browser Wallet Non-custodial

Arbitrum

Action path · Canborsa lists PENGU 24/7

How to trade pudgy penguins (perpetual)

Four steps from an empty wallet to an open PENGU position on Canborsa.

01.

Sign up on Canborsa with email, X or a wallet

No document upload to open the account. Canborsa is non-custodial: your collateral stays under your own keys until a position opens.

Email X Wallet

02.

Fund the account with USDC

Deposit USDC over Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum. Canborsa takes no fiat, so buying the USDC happens wherever you normally buy stablecoins.

→

Robinhood Chain

03.

Open PENGU-PERP

Pick PENGU in the markets list. The ticket shows the live price, the current funding rate and max leverage 5x .

PENGU-PERPPerpetual · USDC marginup to 5x

04.

Choose Buy / Long, then set size and leverage

Buying $1,000 of PENGU at 5x uses $200 of collateral. Higher leverage moves the liquidation price closer to your entry: your exposure is the position size, whatever margin you posted. Set a stop-loss below your entry before you walk away.

Position · PnLexample|