diff --git a/dbt_subprojects/hourly_spellbook/models/_sector/perpetual/projects/dip_exchange/dip_exchange_base_perpetual_trades.sql b/dbt_subprojects/hourly_spellbook/models/_sector/perpetual/projects/dip_exchange/dip_exchange_base_perpetual_trades.sql
new file mode 100644
index 00000000000..29c54dbf280
--- /dev/null
+++ b/dbt_subprojects/hourly_spellbook/models/_sector/perpetual/projects/dip_exchange/dip_exchange_base_perpetual_trades.sql
@@ -0,0 +1,46 @@
+{{ config(
+    schema = 'dip_exchange_base',
+    alias = 'perpetual_trades',
+    post_hook='{{ expose_spells(blockchains = \'["base"]\',
+                                    spell_type = "project",
+                                    spell_name = "dip_exchange",
+                                    contributors = \'["princi"]\') }}'
+        )
+}}
+
+{% set dip_exchange_base_perpetual_trade_models = [
+    ref('dip_exchange_v1_base_perpetual_trades')
+] %}
+
+SELECT *
+FROM
+(
+    {% for dip_exchange_perpetual_trades in dip_exchange_base_perpetual_trade_models %}
+    SELECT
+    blockchain
+    ,block_date
+    ,block_month
+    ,block_time
+    ,virtual_asset
+    ,underlying_asset
+    ,market
+    ,market_address
+    ,volume_usd
+    ,fee_usd
+    ,margin_usd
+    ,trade
+    ,project
+    ,version
+    ,frontend
+    ,trader
+    ,volume_raw
+    ,tx_hash
+    ,tx_from
+    ,tx_to
+    ,evt_index
+    FROM {{ dip_exchange_perpetual_trades }}
+    {% if not loop.last %}
+    UNION ALL
+    {% endif %}
+    {% endfor %}
+)   
\ No newline at end of file
diff --git a/dbt_subprojects/hourly_spellbook/models/_sector/perpetual/projects/dip_exchange/dip_exchange_schema.yml b/dbt_subprojects/hourly_spellbook/models/_sector/perpetual/projects/dip_exchange/dip_exchange_schema.yml
new file mode 100644
index 00000000000..20d418fe3dc
--- /dev/null
+++ b/dbt_subprojects/hourly_spellbook/models/_sector/perpetual/projects/dip_exchange/dip_exchange_schema.yml
@@ -0,0 +1,84 @@
+version: 2
+
+models:
+  - name: dip_exchange_v1_base_perpetual_trades
+    meta:
+      blockchain: base
+      sector: perpetual
+      contributors: princi
+    config:
+      tags: ['base', 'perpetuals', 'perps', 'dip_exchange']
+    description: 
+      Perpetual swaps/trades table on dip_exchange protocol across blockchains
+    data_tests:
+      - dbt_utils.unique_combination_of_columns:
+          combination_of_columns:
+            - tx_hash
+            - evt_index        
+    columns:
+      - &blockchain
+        name: blockchain
+        description: "Blockchain where the perpetuals market is deployed"
+      - &block_date
+        name: block_date
+        description: "Date of the transaction"
+      - &block_time
+        name: block_time
+        description: "Time of the transaction"
+      - &virtual_asset
+        name: virtual_asset
+        description: "How the protocol represents the underlying asset"
+      - &underlying_asset
+        name: underlying_asset
+        description: "The real underlying asset that is represented in the swap"
+      - &market
+        name: market
+        description: "The futures market involved in the transaction"
+      - &market_address
+        name: market_address
+        description: "Contract address of the market"
+        data_tests:
+          - perpetual_trades_market_address:
+              perpetual_trades_seed: ref('perpetual_trades_seed')
+      - &volume_usd
+        name: volume_usd
+        description: "The size of the position taken for the swap in USD; already in absolute value and decimal normalized"
+      - &fee_usd
+        name: fee_usd
+        description: "The fees charged to the user for the swap in USD"
+      - &margin_usd
+        name: margin_usd
+        description: "The amount of collateral/margin used in a trade in USD"
+      - &trade
+        name: trade
+        description: "Indicates the trade's direction whether a short, long, of if a position is being closed"
+      - &project
+        name: project
+        description: "The underlying protocol/project where the swap took place"
+      - &version
+        name: version
+        description: "The version of the protocol/project"
+      - &frontend
+        name: frontend
+        description: "The frontend protocol/project where the specific swap was executed; built on top of the 'project' and defaults to the 'project' if no other frontend is specified"
+      - &trader
+        name: trader
+        description: "The address which made the swap in the protocol"
+      - &volume_raw
+        name: volume_raw
+        description: "The size of the position in raw form"
+      - &tx_hash
+        name: tx_hash
+        description: "The hash of the transactions"
+      - &tx_from
+        name: tx_from
+        description: "The address that originated the transaction; based on the optimism.transactions table"
+      - &tx_to
+        name: tx_to
+        description: "The address receiving the transaction; based on the optimism.transactions table"
+      - &evt_index
+        name: evt_index
+        description: "Event index number"
+      - &block_month
+        name: block_month
+        description: "Month of the transaction"
\ No newline at end of file
diff --git a/dbt_subprojects/hourly_spellbook/models/_sector/perpetual/projects/dip_exchange/dip_exchange_v1_base_perpetual_trades.sql b/dbt_subprojects/hourly_spellbook/models/_sector/perpetual/projects/dip_exchange/dip_exchange_v1_base_perpetual_trades.sql
new file mode 100644
index 00000000000..29a4526a288
--- /dev/null
+++ b/dbt_subprojects/hourly_spellbook/models/_sector/perpetual/projects/dip_exchange/dip_exchange_v1_base_perpetual_trades.sql
@@ -0,0 +1,119 @@
+{{ config(
+    alias = 'perpetual_trades',
+    schema = 'dip_exchange_v1_base',
+    partition_by = ['block_month'],
+    materialized = 'incremental',
+    file_format = 'delta',
+    incremental_strategy = 'merge',
+    unique_key = ['tx_hash', 'evt_index']
+)}}
+
+{% set project_start_date = '2023-01-01' %}
+
+WITH perp_events AS (
+    -- Increase Position events
+    SELECT 
+        evt_block_time AS block_time,
+        evt_block_number AS block_number,
+        'increase' AS trade_data,
+        key AS position_id,
+        account AS trader,
+        contract_address AS market_address,
+        evt_index,
+        evt_tx_hash AS tx_hash,
+        evt_tx_from AS tx_from,
+        evt_tx_to AS tx_to,
+        CAST(feeValue AS DOUBLE)/1e30 AS fee_usd,
+        CAST(sizeChanged AS DOUBLE)/1e30 AS volume_usd,
+        CAST(collateralValue AS DOUBLE)/1e30 AS margin_usd,
+        CAST(indexPrice AS DOUBLE)/1e30 AS price,
+        collateralToken,
+        indexToken,
+        side,
+        CAST(NULL AS DOUBLE) AS pnl
+    FROM {{ source('pool_base', 'Pool_evt_IncreasePosition') }}
+    WHERE evt_block_time >= DATE '{{ project_start_date }}'
+
+    UNION ALL
+
+    -- Decrease Position events
+    SELECT 
+        evt_block_time AS block_time,
+        evt_block_number AS block_number,
+        'decrease' AS trade_data,
+        key AS position_id,
+        account AS trader,
+        contract_address AS market_address,
+        evt_index,
+        evt_tx_hash AS tx_hash,
+        evt_tx_from AS tx_from,
+        evt_tx_to AS tx_to,
+        CAST(feeValue AS DOUBLE)/1e30 AS fee_usd,
+        CAST(sizeChanged AS DOUBLE)/1e30 AS volume_usd,
+        CAST(collateralChanged AS DOUBLE)/1e30 AS margin_usd,
+        CAST(indexPrice AS DOUBLE)/1e30 AS price,
+        collateralToken,
+        indexToken,
+        side,
+        TRY_CAST(JSON_EXTRACT_SCALAR(pnl, '$.abs') AS DOUBLE)/1e30 AS pnl
+    FROM {{ source('pool_base', 'Pool_evt_DecreasePosition') }}
+    WHERE evt_block_time >= DATE '{{ project_start_date }}'
+
+    UNION ALL
+
+    -- Liquidate Position events
+    SELECT 
+        evt_block_time AS block_time,
+        evt_block_number AS block_number,
+        'liquidate' AS trade_data,
+        key AS position_id,
+        account AS trader,
+        contract_address AS market_address,
+        evt_index,
+        evt_tx_hash AS tx_hash,
+        evt_tx_from AS tx_from,
+        evt_tx_to AS tx_to,
+        CAST(feeValue AS DOUBLE)/1e30 AS fee_usd,
+        CAST(size AS DOUBLE)/1e30 AS volume_usd,
+        CAST(collateralValue AS DOUBLE)/1e30 AS margin_usd,
+        CAST(indexPrice AS DOUBLE)/1e30 AS price,
+        collateralToken,
+        indexToken,
+        side,
+        TRY_CAST(JSON_EXTRACT_SCALAR(pnl, '$.abs') AS DOUBLE)/1e30 AS pnl
+    FROM {{ source('pool_base', 'Pool_evt_LiquidatePosition') }}
+    WHERE evt_block_time >= DATE '{{ project_start_date }}'
+)
+
+SELECT 
+    'base' AS blockchain,
+    'dip_exchange' AS project,
+    '1' AS version,
+    'dip_exchange' AS frontend,
+    CAST(DATE_TRUNC('day', pe.block_time) AS DATE) AS block_date,
+    CAST(DATE_TRUNC('month', pe.block_time) AS DATE) AS block_month,
+    pe.block_time,
+    pe.indexToken AS virtual_asset,
+    pe.collateralToken AS underlying_asset,
+    pe.position_id AS market,
+    pe.market_address,
+    pe.volume_usd,
+    pe.fee_usd,
+    pe.margin_usd,
+    CASE 
+        WHEN pe.trade_data = 'increase' AND pe.side = 0 THEN 'open_long'
+        WHEN pe.trade_data = 'increase' AND pe.side = 1 THEN 'open_short'
+        WHEN pe.trade_data = 'decrease' AND pe.side = 0 THEN 'close_long'
+        WHEN pe.trade_data = 'decrease' AND pe.side = 1 THEN 'close_short'
+        WHEN pe.trade_data = 'liquidate' THEN 'liquidation'
+    END AS trade,
+    pe.trader,
+    pe.side AS trade_type,
+    pe.price,
+    CAST(NULL AS UINT256) AS volume_raw,
+    pe.tx_hash,
+    pe.tx_to,
+    pe.tx_from,
+    pe.evt_index,
+    pe.pnl
+FROM perp_events pe
diff --git a/dbt_subprojects/hourly_spellbook/seeds/_sector/perpetual/trades/perpetual_trades_seed.csv b/dbt_subprojects/hourly_spellbook/seeds/_sector/perpetual/trades/perpetual_trades_seed.csv
index 0d3ee2df542..13e1c23f23a 100644
--- a/dbt_subprojects/hourly_spellbook/seeds/_sector/perpetual/trades/perpetual_trades_seed.csv
+++ b/dbt_subprojects/hourly_spellbook/seeds/_sector/perpetual/trades/perpetual_trades_seed.csv
@@ -81,5 +81,7 @@ base,2024-01-03,snxUSD,Ethereum,0x0a2af931effd34b81ebcc57e3d3c9b1e1de1c9ce,close
 base,2024-02-15,snxUSD,Ethereum,0x0a2af931effd34b81ebcc57e3d3c9b1e1de1c9ce,long,Synthetix,3,0xf0cae8268019a3e6bff055d496a5f52ed805f60f7582791d93944c026fd61b98
 arbitrum,2023-02-17,,,0xda1a7ea276fbdb16ebabb5b38257b1d56b302e4a,open-long,vela_exchange,1,0x6a783688a2e013bfe84a6e7ae65dfd2f2c01e452b360a07a4bdf4d502ee8d187
 arbitrum,2023-02-17,,,0xda1a7ea276fbdb16ebabb5b38257b1d56b302e4a,open-long,vela_exchange,1,0x94cacbb99ca4d6b11fb660dc71e6da77f98f6038752f71b158903c492578e34c
+base,2023-08-22,0x4200000000000000000000000000000000000006,0x1cb1956233af0f6925a72a2c124b76e28dc7889d992737e2226359bd19803359,0xd91bba888c1f80bed01b66830d006c26a7e8625c,close_long,dip-exchange,1,0x6c41f99938e3323b9a457b222b9d212b3bbff59eb4bf554f7258e8766b0421e8
+base,2023-08-22,0x4200000000000000000000000000000000000006,0x1cb1956233af0f6925a72a2c124b76e28dc7889d992737e2226359bd19803359,0xd91bba888c1f80bed01b66830d006c26a7e8625c,close_long,dip-exchange,1,0x1037b865994ca091c005323a1c513e36f3c9fd182a4d8aa5baad99485ee91d53
 base,2024-10-22,BTC-USD,BTC-USD,0x6cd5ac19a07518a8092eeffda4f1174c72704eeb,long,gains_network,1,0x34397f0d62a19bfe6a325c2a906560af6cf0f699b0893a333996c0b361c6a4d8
 base,2024-10-06,COMP-USD,COMP-USD,0x6cd5ac19a07518a8092eeffda4f1174c72704eeb,long,gains_network,1,0x8836d5e2955cdbaee1292a5016ea51301c459897bf7ad319553e0c51c4fcbce9
\ No newline at end of file
diff --git a/sources/dip_exchange/dip_exchange_base_sources.yml b/sources/dip_exchange/dip_exchange_base_sources.yml
new file mode 100644
index 00000000000..5781b7a13c2
--- /dev/null
+++ b/sources/dip_exchange/dip_exchange_base_sources.yml
@@ -0,0 +1,10 @@
+version: 2
+
+sources: 
+  - name: pool_base
+    description: >
+      Decoded event tables for Perpetual trades on dip exchange protocol
+    tables:
+      - name: Pool_evt_IncreasePosition
+      - name: Pool_evt_DecreasePosition
+      - name: Pool_evt_LiquidatePosition