Is PopDEX custodial? Who holds your funds?

No. PopDEX 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 sources

Official site: popdex.xyz

PopDEX's privacy notice says "we do not hold your private keys, we do not have custody of your assets" and that the interface needs no identity verification (KYC).
Non-custodial does not mean risk-free. Smart-contract bugs, phishing and malicious approvals can still lose funds.

Sources: PopDEX Terms of Use (last updated 2026-05-08; page is script-rendered, text read from the page's own client script) · PopDEX Privacy Notice: custody and KYC statements (script-rendered, text read from the page's own client script) · PopDEX Docs: Mobile Trading (iOS and Android app download). The venue's own page wins if it disagrees with ours.

PopDEX

Perp DEX · 0.064% round trip. PopDEX is an order-book perpetual futures exchange on Morph Tachyon, a trading chain in the Morph ecosystem, with USDT-margined crypto perps and RWA perps on stocks, ETFs, indices, oil and metals. Base-tier fees are 0.032% taker and 0.010% maker. Its terms bar the US, UK, Canada, France, Germany and many other countries.

Full PopDEX sheet: fees, custody, incidents →

More on PopDEX: Overview · US alternatives · Available in the US? · KYC required? · Mobile app? · Custodial? · Supported chains