Product comparison

Compare Perpetual DEX Platforms

Use one platform data source to compare fees, chains, KYC, leverage, supported assets, and registration links before moving from research to action.

Platform

11

Chains

8

Focused comparison pages

3

All-platform quick comparison

PlatformMaker / TakerChainsMarket ModelKYCMax LeverageAssetsRegistration link
Hyperliquid0.02% / 0.05%Hyperliquid L1Order BookCurrently marked as no-KYC50x40+https://app.hyperliquid.xyz/join/ABABAB
Lighter0.01% / 0.04%ArbitrumOrder BookCurrently marked as no-KYC20x15+https://lighter.xyz
ApeX0.02% / 0.05%StarkExOrder BookCurrently marked as no-KYC20x30+https://omni.apex.exchange/referral?referralCode=BWKXTMUS
Aster0.015% / 0.045%Arbitrum, OptimismHybridCurrently marked as no-KYC30x18+https://www.asterdex.com/en/referral/b79161
EdgeX0.02% / 0.05%ArbitrumOrder BookCurrently marked as no-KYC100x25+https://edgex.exchange
GMX0.10% / 0.10%Arbitrum, AvalancheAMMCurrently marked as no-KYC50x8+https://gmx.io
dYdX0.05% / 0.20%dYdX ChainOrder BookCurrently marked as no-KYC20x35+https://dydx.trade
Gains Network0.08% / 0.08%Polygon, ArbitrumHybridCurrently marked as no-KYC150x45+https://gains.trade
Kwenta0.05% / 0.05%OptimismHybridCurrently marked as no-KYC25x20+https://kwenta.io
Vertex0.00% / 0.02%ArbitrumHybridCurrently marked as no-KYC20x35+https://vertexprotocol.com
Mux Protocol0.08% / 0.08%Arbitrum, Avalanche, BNB ChainHybridCurrently marked as no-KYC100x20+https://mux.network

Safety note: always verify the domain, referral code, and page prompts on the official page. Perpetual contracts and leverage are high-risk products.

Focused comparison pages

Hyperliquid vs Lighter

Hyperliquid is usually the stronger fit for traders who want deeper liquidity, broader market coverage, and a high-performance order book. Lighter is a more focused option for users prioritizing lower recorded fees, a lighter product surface, and Arbitrum access. Both are high-risk perpetual trading venues, so verify official fees and risk controls before using either platform.

Maker / Taker
0.02%/0.05% vs 0.01%/0.04%
Risk Level
Medium vs Medium
KYC
Currently marked as no-KYC / Currently marked as no-KYC
View comparison

Hyperliquid vs ApeX

Hyperliquid and ApeX both serve perpetual traders, but their product angles differ. Hyperliquid leans into its own L1, deeper liquidity, and a high-speed order book. ApeX is a stronger candidate for users who value a StarkEx-based architecture, cross-chain access, and a mature mobile trading workflow. Start with liquidity depth, infrastructure preference, and your own execution habits.

Maker / Taker
0.02%/0.05% vs 0.02%/0.05%
Risk Level
Medium vs Medium
KYC
Currently marked as no-KYC / Currently marked as no-KYC
View comparison

GMX vs dYdX

GMX and dYdX differ most in market structure rather than headline fees alone. GMX is closer to an AMM and multi-chain liquidity-pool experience, while dYdX is closer to an order book, dedicated-chain, professional trading interface. Choose based on whether you want pooled liquidity and a simpler entry point or a more exchange-like execution model.

Maker / Taker
0.10%/0.10% vs 0.05%/0.20%
Risk Level
Medium vs Medium
KYC
Currently marked as no-KYC / Currently marked as no-KYC
View comparison