PerpDex Smart Router

Agreement number:

FENG.01.01-IP.02-0287/26

Funded by:

European Union under the FENG 2021–2027 Programme

Duration:

1 September 2026 – 31 August 2029

Total budget:

PLN 11,958,279.71

EU funding:

PLN 8,059,598.60

CONTEXT AND CHALLENGE

The decentralised perpetual futures market generates more than USD 12 billion in daily trading volume across over 25 protocols. Liquidity is spread across platforms with different execution models, making trading decisions more complex than comparing quoted prices. Funding rates, network fees and available market depth all affect the final cost of each transaction.

Traders and investment firms must monitor these conditions across multiple exchanges, often relying on manual comparisons. This makes it difficult to identify the most favourable execution route and act on short-lived arbitrage opportunities.

PerpDex Smart Router will address this challenge through an execution service connecting multiple trading platforms. Developed by 7bulls.com, it will combine market data, predictive models and automated order routing to coordinate transactions across decentralised exchanges and support arbitrage between decentralised and centralised markets.

See results and impact

Project objective

To develop and commercially implement a DeFi trading service that combines Smart Order Routing, predictive machine learning, and secure, explainable AI (XAI). The service will automatically split and route orders, balance positions across exchanges, and detect and execute arbitrage opportunities in real time.

‍

Scope and approach

7bulls.com will carry out three industrial research tasks and one experimental development task. The work covers market data integration, execution-price forecasting, probabilistic arbitrage models and system integration, followed by validation under live market conditions with an external client.

Market data integration

To help you decide when and where to trade, PerpDex Smart Router will combine near-real-time data from more than 350 decentralised and centralised exchanges with on-chain data. Predictive models will use this information to forecast execution prices and identify more favourable trading opportunities.

This project is for:

Professional and semi-professional DeFi traders seeking to reduce execution costs and automate trading across multiple exchanges.
Trading firms, investment funds and hedge funds requiring API access, predictive execution models and portfolio risk analytics.
Individual and institutional investors seeking non-custodial execution that retains their control over assets, with protection against manipulation involving maximal extractable value (MEV).

Results and impact

What we aim to achieve

Our ambition is to help traders make better execution decisions across decentralised exchanges. The project will explore how price forecasting, access to liquidity across multiple platforms and automated execution can work together to improve trading outcomes.

We aim to turn the research into a practical service for individual traders and institutional clients, with its value assessed through testing under real market conditions.