Is Antarctic Exchange custodial? Who holds your funds?
No. Antarctic is listed as non-custodial: your funds stay in a wallet you control, not with the venue (checked Nov 11, 2026).
Checked 2026-11-11 · 3 sourcesOfficial site: antarctic.exchange
- Antarctic's docs describe a "non-custodial, on-chain account model": deposits and withdrawals go through smart contracts and need your wallet's signature.
- Non-custodial does not mean risk-free. Smart-contract bugs, phishing and malicious approvals can still lose funds.
Sources: Antarctic Docs: Self-custody Fund Account (custody model) · Antarctic Docs: FAQ (supported chains, wallets, deposits) · Antarctic Docs: Fees. The venue's own page wins if it disagrees with ours.
Antarctic
Perp DEX · 0.1% round trip. Antarctic (AX) is an order-book perpetual futures exchange with USDT-margined crypto perps, deposits from Arbitrum, Ethereum and BNB Chain, and a points programme. Base-tier fees are 0.05% taker and 0.02% maker. Its user agreement names no operating company and bars the US, Canada, Singapore, Hong Kong, Indonesia and mainland China.
Full Antarctic sheet: fees, custody, incidents →
More on Antarctic Exchange: Overview · US alternatives · Available in the US? · Mobile app? · Custodial? · Supported chains