Is GMX or Hibachi cheaper?

Hibachi has the lower taker fee (4.5 bps vs 6 bps). Funding rates also affect total cost, so check both before trading.

Which has higher leverage, GMX or Hibachi?

GMX offers more, up to 100x, versus n/a. Higher leverage means higher liquidation risk.

Which is bigger, GMX or Hibachi?

GMX has more listed 24h volume ($175M), which usually means deeper liquidity and less slippage.

Wiki › GMX vs Hibachi

GMX vs Hibachi: which perp DEX is better?

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

	GMX	Hibachi
24h volume	$175M	$24M
Maker fee	4 bps	0 bps
Taker fee	6 bps	4.5 bps
Max leverage	100x	n/a
Model	Pool	Orderbook
Chain	Arbitrum	Base (Celestia DA, ZK)
Token	$GMX	No token
Assets	Crypto	Crypto

Trade GMX ↗Trade Hibachi ↗

GMX vs Hibachi: which should you choose?

If your priority is cost, Hibachi wins on taker fees (4.5 bps). For maximum leverage, GMX goes up to 100x. For depth and liquidity, GMX trades the most volume of the two.

GMX runs a pool on Arbitrum, while Hibachi runs a orderbook on Base (Celestia DA, ZK). Read the full profiles: GMX and Hibachi.

FAQ

Is GMX or Hibachi cheaper?: Hibachi has the lower taker fee (4.5 bps vs 6 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, GMX or Hibachi?: GMX offers more, up to 100x, versus n/a. Higher leverage means higher liquidation risk.
Which is bigger, GMX or Hibachi?: GMX has more listed 24h volume ($175M), which usually means deeper liquidity and less slippage.

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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.