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Drift vs Perpl: which perp DEX is better?

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

DriftPerpl
24h volume$280M$43M
Maker fee-0.5 bps5 bps
Taker fee4 bps8.8 bps
Max leverage20xn/a
ModelOrderbookOrderbook
ChainSolanaMonad
Token$DRIFTNo token
AssetsCryptoCrypto

Drift vs Perpl: 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 Perpl runs a orderbook on Monad. Read the full profiles: Drift and Perpl.

FAQ

Is Drift or Perpl cheaper?
Drift has the lower taker fee (4 bps vs 8.8 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Drift or Perpl?
Drift offers more, up to 20x, versus n/a. Higher leverage means higher liquidation risk.
Which is bigger, Drift or Perpl?
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.