Aster vs Backpack Exchange

Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.

LineAsterBackpack Exchange
30-day volume#P02 · $64,919.0MEdge#P13 · Not tracked
Trading fees0.04% taker · 0% makerBase tier on the standard VIP schedule. Selected"Group B" crypto pairs are charged 0.1% taker, RWA pairs a flat 1.25 bps, and USD1-quoted pairs have their own schedule. Every maker fee is 0 bps.Tier table published as an imageBackpack documents one tier table covering spot and perpetual futures, sorted by 30-day volume, with tiers recalculated every hour and the effective tier driven by whichever is highest between BP staking, volume and pre-TGE Mad Lad NFT holdings. The table itself is published as a screenshot on guide.backpack.exchange, so the numbers cannot be read in text; the USDT/USDC pair is charged 0% and does not count toward tiers.
New-user perkYou choose how the 10% default commission is split, so part of it can be returned to the referee as a fee discountFee rebates on referred accounts
Max leverageup to 1001×Edgeup to 75×
Perp markets610Edge103
Identity checkNot documentedKYC required
CustodyNon-custodial, wallet or email loginCustodial: your balances sit on the exchange, wallet is a separate product
Settles onAster Chain (own L1)Backpack Exchange (centralised matching)
CollateralUSDC, USDTUSDC, USDT
Where it runsWeb, iOS, AndroidWeb, iOS, Android
ChainsEVMBNB ChainSolana · EVM · Bitcoin · SuiSolana, Ethereum, Arbitrum, Base, Polygon, Avalanche, Bitcoin, SuiEdge
Documented features9 of 10Edge7 of 10
Order bookYesYes
Cross marginYesYes
Spot tradingYesYes
Vaults / copy vaultsYesNot documented
Copy tradingYesNot documented
Stocks, gold or forexYesYes
Points programYesYes
APIYesYes
Mobile appYesYes
Telegram botNot documentedNot documented

Which one should you pick?

Pick Aster if

You trade from a phone and want a large book of crypto, stock and commodity perps.

Second-largest perp venue in the set and one of the cheapest for takers: 0.04% on the main book, 0% for makers. The trade-off is volume quality: DefiLlama's normalized figure is far below the reported one, and the points campaigns pay for activity.

asterdex.com

Pick Backpack Exchange if

You want a CEX-style experience with unified portfolio margin, stocks next to perps, and a referral that pays in cash.

The only centralised venue of the series, and the only one where you give up custody: accounts are KYC-verified, balances sit on the exchange and the 10% referral rebate is paid on trading fees rather than points. Backpack also lists US stocks and ETFs next to 103 perpetual markets.

backpack.exchange

Other duels with Aster