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Gains Network vs Phoenix: which perp DEX is better?

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

Gains NetworkPhoenix
24h volumen/a$45M
Maker feen/an/a
Taker feen/an/a
Max leverage150x25x
ModelPoolOrderbook
ChainArbitrum, Base, PolygonSolana
Token$GNSNo token
AssetsCrypto, Forex, Stocks, CommoditiesCrypto, Commodities, Stocks

Gains Network vs Phoenix: which should you choose?

If your priority is cost, Gains Network wins on taker fees (n/a). For maximum leverage, Gains Network goes up to 150x. For depth and liquidity, Phoenix trades the most volume of the two.

Gains Network runs a pool on Arbitrum, Base, Polygon, while Phoenix runs a orderbook on Solana. Read the full profiles: Gains Network and Phoenix.

FAQ

Is Gains Network or Phoenix cheaper?
Gains Network has the lower taker fee (n/a vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Gains Network or Phoenix?
Gains Network offers more, up to 150x, versus 25x. Higher leverage means higher liquidation risk.
Which is bigger, Gains Network or Phoenix?
Phoenix has more listed 24h volume ($45M), 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.