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Drift vs Ondo: which perp DEX is better?

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

DriftOndo
24h volume$280M$173M
Maker fee-0.5 bpsn/a
Taker fee4 bpsn/a
Max leverage20x20x
ModelOrderbookOrderbook
ChainSolanaOndo Chain
Token$DRIFT$ONDO
AssetsCryptoStocks, Commodities

Drift vs Ondo: which should you choose?

If your priority is cost, Drift wins on taker fees (4 bps). For maximum leverage, Drift goes up to 20x. For depth and liquidity, Drift trades the most volume of the two.

Drift runs a orderbook on Solana, while Ondo runs a orderbook on Ondo Chain. Read the full profiles: Drift and Ondo.

FAQ

Is Drift or Ondo cheaper?
Drift has the lower taker fee (4 bps vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Drift or Ondo?
Drift offers more, up to 20x, versus 20x. Higher leverage means higher liquidation risk.
Which is bigger, Drift or Ondo?
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.