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GMX vs Decibel: which perp DEX is better?

A side-by-side comparison of GMX and Decibel on fees, leverage, volume, chain and token.

GMXDecibel
24h volume$175M$25M
Maker fee4 bpsn/a
Taker fee6 bpsn/a
Max leverage100x40x
ModelPoolOrderbook
ChainArbitrumAptos
Token$GMXNo token
AssetsCryptoCrypto

GMX vs Decibel: which should you choose?

If your priority is cost, GMX wins on taker fees (6 bps). For maximum leverage, GMX goes up to 100x. For depth and liquidity, GMX trades the most volume of the two.

GMX runs a pool on Arbitrum, while Decibel runs a orderbook on Aptos. Read the full profiles: GMX and Decibel.

FAQ

Is GMX or Decibel cheaper?
GMX has the lower taker fee (6 bps vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, GMX or Decibel?
GMX offers more, up to 100x, versus 40x. Higher leverage means higher liquidation risk.
Which is bigger, GMX or Decibel?
GMX has more listed 24h volume ($175M), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.