StandX vs Phoenix: which perp DEX is better?
A side-by-side comparison of StandX and Phoenix on fees, leverage, volume, chain and token.
| StandX | Phoenix |
|---|
| 24h volume | $289M | $45M |
| Maker fee | 1 bps | n/a |
| Taker fee | 4 bps | n/a |
| Max leverage | 25x | 25x |
| Model | Orderbook | Orderbook |
| Chain | BNB Chain and Solana | Solana |
| Token | No token | No token |
| Assets | Crypto | Crypto, Commodities, Stocks |
StandX vs Phoenix: which should you choose?
If your priority is cost, StandX wins on taker fees (4 bps). For maximum leverage, StandX goes up to 25x. For depth and liquidity, StandX trades the most volume of the two. Both are pre-token, so either could reward early activity with a future airdrop.
StandX runs a orderbook on BNB Chain and Solana, while Phoenix runs a orderbook on Solana. Read the full profiles: StandX and Phoenix.
FAQ
- Is StandX or Phoenix cheaper?
- StandX has the lower taker fee (4 bps vs n/a). Funding rates also affect total cost, so check both before trading.
- Which has higher leverage, StandX or Phoenix?
- StandX offers more, up to 25x, versus 25x. Higher leverage means higher liquidation risk.
- Which is bigger, StandX or Phoenix?
- StandX has more listed 24h volume ($289M), 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.