Delta Exchange – Exchange Review

Origin story

Delta Exchange was conceived in 2018 and took shape in 2019, built by founders with backgrounds in finance and tech. Its leadership draws from UBS, Citi and digital startups. The goal was clear – deliver institutional-grade derivatives for crypto, with features tailored to power users and pro traders.

Volume and market clarity

Crypto trackers show Delta’s volume as untracked on major platforms. That signals a lack of public data and raises questions about liquidity transparency. Independent snapshots report seven-day derivative volume around $320 million, with daily futures turnover near $30 million. Still, the absence of continuous visibility keeps trust at arm’s length.

Products and innovation

Delta Exchange stands out for its derivatives menu. It has futures and perp swaps with up to 100x leverage, plus call and put options, turbo options, spreads, interest rate swaps, and MOVE (volatility) contracts. It also runs periodic offerings like stablecoin-settled derivatives and even robo-trading features.

Its structure is flexible – serving both directional traders and volatility strategists, with tools more diverse than typical exchanges.

Technology and user experience

Platform design is clean and responsive, with fast APIs for algorithmic traders. Through web and mobile, Delta supports advanced order types, mock trading, strategy builders, and basket orders. Features like INR settlement for Indian users, small-lot contracts, and real-time tools aim to bridge regional needs with global capability.

Security, compliance, and backing

The exchange is trusted by marquee investors such as Aave, Kyber Network, CoinFund and others. It is registered under India’s FIU and handles INR settlement – adding a layer of trust for Indian derivatives traders. Still, public audits and reserve data are absent, meaning users don’t have full proof-of-reserves or transparency.

Community insights and fee structure

User feedback is mixed. Some praise the smooth interface and futures experience, calling Delta “best for futures trading.” Others complain that option strategy execution becomes costly due to fee structure complexity. Traders report fees eating into profits – especially on multi-leg trades, where fees alone can cost 1–2% each execution.

The average trader sees value in short-term trades with tight stop-loss setups, while complex strategies like scalping or iron condors get expensive fast.

Strengths and weaknesses

Strengths

• Wide derivatives portfolio beyond spot and perp – covers options, spreads, rate swaps, MOVE contracts
  
• High leverage (up to 100x) and tools for volatility-based strategies
  
• Institutional pedigree and investor backing
  
• Local INR settlement and regional fit for underserved markets
  
• Clean UI, demo options and API support for pro workflows
  

Weaknesses

• Visibility is low – no continuous volume or liquidity data shown publicly
  
• Fee structure can be heavy on strategy-rich traders
  
• No public audits or proof-of-reserves, limiting trust optics
  
• App and support feedback includes complaints about disconnections
  
• Market profile remains niche – under the radar globally
  

Final word

Delta Exchange is a compelling destination for advanced derivatives traders – futures, options, MOVE contracts, calendar spreads, and more. Bright design meets deep capacity, supported by heavyweight investors and a strong team. For traders focused on volatility or high-leverage strategies, it’s a serious tool.

However, the shadows of untracked volume and audit opacity remain. If you’re into active strategies, understand fee structure deeply, and value toolset over visibility, Delta might deliver. But for users prioritizing transparency, stable liquidity, or global recognition – it stays niche, powerful but discreet.