Wiki › GMX vs Variational
GMX vs Variational: which perp DEX is better?
A side-by-side comparison of GMX and Variational on fees, leverage, volume, chain and token.
| GMX | Variational |
|---|
| 24h volume | $175M | n/a |
| Maker fee | 4 bps | 0 bps |
| Taker fee | 6 bps | 0 bps |
| Max leverage | 100x | 50x |
| Model | Pool | Pool |
| Chain | Arbitrum | Arbitrum |
| Token | $GMX | No token |
| Assets | Crypto | Crypto, Stocks, Commodities |
GMX vs Variational: which should you choose?
If your priority is cost, Variational 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 Variational runs a pool on Arbitrum. Read the full profiles: GMX and Variational.
FAQ
- Is GMX or Variational cheaper?
- Variational 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 Variational?
- GMX offers more, up to 100x, versus 50x. Higher leverage means higher liquidation risk.
- Which is bigger, GMX or Variational?
- 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.