On-chain activity
Dep
Dep is a cross-chain deposit and swap interface built on the NEAR Intents 1Click Swap API. Users can move assets from any supported chain into DEX platform accounts or exchange tokens across blockchains. Transaction routing uses intent-based execution on NEAR Protocol, where market makers compete to fulfill orders with atomic settlement and automatic refunds on failure.
dep.now
Funding a perpetual DEX account has always been more complicated than it should be. A trader holding ETH on Ethereum who wants to open a position on Hyperliquid must first identify the correct bridge, bridge to Arbitrum, receive USDC, then complete a separate deposit step into the exchange itself. Each hop introduces time, fees, and failure risk. dep.now is built to collapse that process into a single action.
dep.now is a cross-chain deposit and swap aggregator with a narrow but precise focus: getting funds into perpetual DEX trading accounts from anywhere. Its tagline, "Any Asset. Any Chain. Dep.," describes the ambition plainly. Users connect a source wallet, select an asset they already hold, and choose a destination exchange. dep.now handles everything in between.
How It Works
The interface presents two modes: Deposit and Swap.
In Deposit mode, users select which perpetual DEX they want to fund — the current list includes Aster, Hyperliquid, ApeX, Myx, and Lighter, with Avantis listed as coming soon. After picking the exchange, the user connects a source wallet holding whatever asset they want to send, sets a slippage tolerance (defaulting to 0.5%), and connects the destination exchange wallet. The application then routes the transaction across chains, converts the asset into the format required by the target exchange, and delivers funds to the trading account. If a transaction fails for any reason, refunds are returned to the original source wallet automatically.
The Swap mode provides a simpler cross-chain asset exchange: connect a source wallet, choose input and output tokens across any supported chain, provide a recipient address, and execute. This feature extends the tool's utility beyond exchange onboarding to general multi-chain asset movement.
The default example across both modes illustrates the scope: ETH on Ethereum routed to USDC on Arbitrum — a conversion that, for Hyperliquid users in particular, represents a real friction point since the exchange's deposit contract requires native USDC on Arbitrum regardless of where a trader's capital originates.
Supported Exchanges and Their Requirements
Each perpetual DEX on dep.now has its own deposit requirements that make a routing layer genuinely useful.
Hyperliquid operates on a custom Layer-1 with a central limit order book and sub-second finality. It requires native USDC settled on Arbitrum before funds can enter the exchange — a constraint that effectively bars traders on other chains unless they navigate the bridging process manually. dep.now resolves this by handling the cross-chain USDC leg without the user touching a separate bridge interface.
Aster emerged from the 2024 merger of Astherus and APX Finance. It operates across multiple chains including Ethereum, BNB Chain, Arbitrum, and Solana, and offers both simple and professional trading modes with leverage up to 1,001x. Its multi-chain deployment reduces but does not eliminate the need for cross-chain tooling, since traders holding assets on unsupported chains still need a route in.
ApeX Protocol runs on a zkLink-based Layer-2, offering over 150 perpetual markets across crypto and tokenized assets at 10,000 transactions per second with gas-free trading. Its architecture spans six chains but concentrates liquidity in ways that still benefit from aggregated deposit routing.
Myx Finance operates on Arbitrum and BNB Chain using a Matching Pool Mechanism designed for zero slippage. Lighter is a zero-knowledge rollup exchange on Arbitrum targeting retail traders with a zero-fee model. Avantis, the platform marked as coming soon on dep.now, is a multi-chain perpetual DEX with a focus on tokenized real-world assets.
Who It Is For
dep.now addresses a specific problem for active perp traders: capital is often stranded on the wrong chain or in the wrong asset. A trader may hold SOL on Solana, ETH on Base, or stablecoins on Polygon and want exposure on any of the major perp DEX platforms. The traditional path requires identifying the right bridge for each route, waiting for settlement, and executing a separate platform deposit step. dep.now replaces that sequence with a single coordinated transaction.
The perpetual DEX market has grown substantially, with major platforms processing tens of billions in daily volume across a competitive landscape. As more exchanges emerge and capital becomes distributed across an increasing number of chains, the need for unified deposit tooling grows alongside it.
dep.now does not have a native token and has not published team information or technical documentation publicly. It operates as a focused utility tool for perp market participants rather than a broader protocol with governance or yield components.
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