Aster vs Veranta

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

LineAsterVeranta
30-day volume#P02 · $64,919.0MEdge#P11 · $3,194.0M
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.Edge0.045% taker · 0.001% makerNo order book: the venue prices against its vault and rewards the side that balances open interest. Opening or closing on the lighter side costs 0.001%, on the heavier side 0.045%, charged on notional at both ends. Forex, commodities, indices and equities trade with zero commission while those markets are in growth mode, and Upside Perps skip upfront fees to take a share of profits instead. Funding and borrow are charged while the position is open.
New-user perkYou choose how the 10% default commission is split, so part of it can be returned to the referee as a fee discountEdgeNone documented
Max leverageup to 1001×Edgeup to 500×
Perp markets610Edge100
Identity checkNot documentedNo KYC
CustodyNon-custodial, wallet or email loginNon-custodial, gasless one-click trading from your wallet
Settles onAster Chain (own L1)Base (Avantis/Veranta contracts)
CollateralUSDC, USDTUSDC
Where it runsWeb, iOS, AndroidWeb
ChainsEVMBNB ChainEVMBase
Documented features9 of 10Edge3 of 10
Order bookYesNo
Cross marginYesNot documented
Spot tradingYesNo
Vaults / copy vaultsYesYes
Copy tradingYesNot documented
Stocks, gold or forexYesYes
Points programYesNot documented
APIYesYes
Mobile appYesNot documented
Telegram botNot documentedNo

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 Veranta if

You want one account for FX, equities, commodities and crypto, and you are willing to trade the balancing side to pay almost nothing.

Avantis became Veranta, and the model stayed the same: an AMM-style venue where your fee depends on which side of the market you take, from 0.001% when you balance open interest to 0.045% when you add to it. Leverage reaches 500x on FX majors and 250x on blue-chip crypto through Upside Perps.

veranta.xyz

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