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edgeX vs Phoenix: which perp DEX is better?

A side-by-side comparison of edgeX and Phoenix on fees, leverage, volume, chain and token.

edgeXPhoenix
24h volume$1.22B$45M
Maker fee0.8 bpsn/a
Taker fee3.8 bpsn/a
Max leverage100x25x
ModelOrderbookOrderbook
Chainzk rollup (Ethereum L2)Solana
Token$EDGENo token
AssetsCryptoCrypto, Commodities, Stocks

edgeX vs Phoenix: which should you choose?

If your priority is cost, edgeX wins on taker fees (3.8 bps). For maximum leverage, edgeX goes up to 100x. For depth and liquidity, edgeX trades the most volume of the two.

edgeX runs a orderbook on zk rollup (Ethereum L2), while Phoenix runs a orderbook on Solana. Read the full profiles: edgeX and Phoenix.

FAQ

Is edgeX or Phoenix cheaper?
edgeX has the lower taker fee (3.8 bps vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, edgeX or Phoenix?
edgeX offers more, up to 100x, versus 25x. Higher leverage means higher liquidation risk.
Which is bigger, edgeX or Phoenix?
edgeX has more listed 24h volume ($1.22B), 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.