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GMX vs Reya: which perp DEX is better?

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

GMXReya
24h volume$175Mn/a
Maker fee4 bps0 bps
Taker fee6 bps0 bps
Max leverage100xn/a
ModelPoolHybrid
ChainArbitrumReya Network (Ethereum L2)
Token$GMX$REYA
AssetsCryptoCrypto

GMX vs Reya: which should you choose?

If your priority is cost, Reya wins on taker fees (0 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 Reya runs a hybrid on Reya Network (Ethereum L2). Read the full profiles: GMX and Reya.

FAQ

Is GMX or Reya cheaper?
Reya has the lower taker fee (0 bps vs 6 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, GMX or Reya?
GMX offers more, up to 100x, versus n/a. Higher leverage means higher liquidation risk.
Which is bigger, GMX or Reya?
GMX has more listed 24h volume ($175M), 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.