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Drift vs GMX: which perp DEX is better?

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

DriftGMX
24h volume$280M$175M
Maker fee-0.5 bps4 bps
Taker fee4 bps6 bps
Max leverage20x100x
ModelOrderbookPool
ChainSolanaArbitrum
Token$DRIFT$GMX
AssetsCryptoCrypto

Drift vs GMX: which should you choose?

If your priority is cost, Drift wins on taker fees (4 bps). For maximum leverage, GMX goes up to 100x. For depth and liquidity, Drift trades the most volume of the two.

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

FAQ

Is Drift or GMX cheaper?
Drift has the lower taker fee (4 bps vs 6 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Drift or GMX?
GMX offers more, up to 100x, versus 20x. Higher leverage means higher liquidation risk.
Which is bigger, Drift or GMX?
Drift has more listed 24h volume ($280M), 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.