Perp DEXProof of reserves

Bluefin

Hybrid order-book perpetuals and spot DEX on Sui with off-chain matching, on-chain settlement and gasless trading; formerly Firefly on Arbitrum.

Open Bluefin ↗Arbitrage

Volume (24h)$4.75MUSDT markets tracked live

Coins35with USDT pairs

Spot / Perp markets0 / 59tracked by ArbiLayer

Base fees0.01% / 0.035%maker / taker, perp

About Bluefin

Hybrid order-book perpetuals and spot DEX on Sui with off-chain matching, on-chain settlement and gasless trading; formerly Firefly on Arbitrum.

Trading fees

Official fee schedule ↗

Perpetuals

Maker0.01%

Taker0.035%

Base tier

Most actions gasless; taker trades incur a small gas fee (about $0.03)

Withdrawals: Sui network gas

Transparency & assets

✓ Reserves verifiedReport ↗

Proof of reserves

On-chain, verifiable

Assets on-chain

$13.49M

Snapshot

Oct 1, 2026

Frequency

Real-time

TVL about $13.5M per DefiLlama (2026-10-01), on Sui
Funds held in on-chain Sui contracts; off-chain orderbook with on-chain settlement

Company

Headquarters

Bluefin Labs Inc. (British Virgin Islands governing law)

Runs on

Sui (migrated from Arbitrum; perps live on Sui since late 2023)

Token

BLUEGovernance (proposals and voting via token locking); further utility via governance. 1B max supply, TGE 11 Dec 2024

Founders

RJRabeel JawaidFounder

AJAhmad JawaidCo-founder & CTO

YMYameen MalikCo-founder

ZMZabi MohebzadaCo-founder

Leadership

RJRabeel JawaidFounder

Products

Perpetual futures (up to 20x)Spot swaps / AMMVaults (BLUE Vault, Stable Vault)zkLogin onboarding

Not available in

United StatesCanadaCubaIranNorth KoreaSyriaCrimea, Donetsk and Luhansk regionsBelarusMyanmarVenezuelaAlgeriaBangladeshMoroccoNepalOther sanctioned jurisdictions; UK users must qualify as investment professionals

Volume, last 7 days

7 days agonow

Top markets

ArbiLayer does not track live markets on this exchange yet.

Sources · checked Oct 1, 2026