edgeX vs GMX
Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.
See the 12 differences
| Line | edgeX | GMX |
|---|---|---|
| 30-day volume | Edge#05 · $37,261.0M | #07 · $22,518.0M |
| Trading fees | 0.045% taker · 0.040% makerRegular users below $10M of 14-day volume pay 0.040% maker and 0.045% taker on perps. Six VIP tiers follow, from 0.038%/0.043% at $10M down to 0.015%/0.020% above $7B. Rates are recalculated daily at 00:00 UTC and sub-account volume is pooled with the main account. | Edge0.04% to 0.06% per open or closeThere is no maker/taker split: the position fee is 0.04% when your trade reduces the imbalance between long and short open interest and 0.06% when it increases it, charged on open, close, increase and decrease. TradFi markets have their own rates (GOLD, SILVER and oil trade at 0.01%/0.02% during on-hours). Price impact, hourly borrow fees and swaps are billed on top. |
| New-user perk | 10% off trading fees, according to the promotional codes documented by affiliates | 5% or 10% off opening and closing fees depending on the tier of the code you use |
| Max leverage | up to 100× | up to 100× |
| Perp markets | Edge292 | 132 |
| Identity check (KYC) | Not documented | No KYC |
| Custody | Non-custodial, wallet or email (MPC) login | Non-custodial, wallet only |
| Settles on | edgeX Chain (StarkEx engine) | Arbitrum (GMX V2 contracts) |
| Collateral | USDC | USDC, USDT, WETH |
| Where it runs | Web | Web |
| Chains | — | EdgeEVMArbitrum, Avalanche, MegaETH, Ethereum, Base, BNB Chain |
| Documented features | Edge7 of 10 | 4 of 10 |
| Order book | Yes | No |
| Cross margin | Yes | Not documented |
| Spot trading | Yes | Yes |
| Vaults / copy vaults | Yes | Yes |
| Copy trading | Not documented | Not documented |
| Stocks, gold or forex | Yes | Yes |
| Points program | No | No |
| API | Yes | Yes |
| Mobile app | Yes | Not documented |
| Telegram bot | Not documented | Not documented |
Which one should you pick?
Pick edgeX if
You trade an order book and want stock and forex perps next to crypto.
A serious order book with the same base rate as Hyperliquid on the taker side, but a maker fee where Hyperliquid pays a rebate. The venue lists almost 300 contracts including stock and forex perps, and the fee tiers are the easiest of the series to read.
Read the edgeX reviewpro.edgex.exchange
Pick GMX if
You want oracle pricing with no spread hunting, on Arbitrum, and you trade the lighter side of the market.
GMX prices trades against pooled liquidity and Chainlink oracles rather than a book, so its cost structure looks like a swap: an open/close fee that varies with the balance of open interest, plus borrow and price impact. It is the cheapest venue in the series for a trader who systematically takes the lighter side.
Read the GMX reviewSign up through this link: 5% or 10% off opening and closing fees depending on the tier of the code you use.
Affiliate link
