Jupiter Perps vs Veranta
Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.
| Line | Jupiter Perps | Veranta |
|---|---|---|
| 30-day volume | #P10 · $6,207.0MEdge | #P11 · $3,194.0M |
| Trading fees | 0.06% per open or closeNo order book and no maker/taker split on the JLP markets (SOL, ETH, wBTC): a 0.06% base fee is charged on open and on close, plus a price-impact fee that grows with the clip and with the imbalance of open interest, an hourly borrow fee, and a swap fee of 10 bps (2 bps on stablecoins) when the input token has to be converted. Beta markets charge a taker or maker fee per order plus an hourly funding rate instead. | 0.045% 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.Edge |
| New-user perk | None documented | None documented |
| Max leverage | up to 250× | up to 500×Edge |
| Perp markets | 9 | 100Edge |
| Identity check | No KYC | No KYC |
| Custody | Non-custodial, Solana wallet | Non-custodial, gasless one-click trading from your wallet |
| Settles on | Solana | Base (Avantis/Veranta contracts) |
| Collateral | USDC, SOL, wETH, wBTC | USDC |
| Where it runs | Web, iOS, Android | Web |
| Chains | SolanaSolana | EVMBase |
| Documented features | 6 of 10Edge | 3 of 10 |
| Order book | Not documented | No |
| Cross margin | Not documented | Not documented |
| Spot trading | Yes | No |
| Vaults / copy vaults | Yes | Yes |
| Copy trading | Not documented | Not documented |
| Stocks, gold or forex | Yes | Yes |
| Points program | Yes | Not documented |
| API | Yes | Yes |
| Mobile app | Yes | Not documented |
| Telegram bot | No | No |
Which one should you pick?
Pick Jupiter Perps if
You already live in the Jupiter ecosystem and want perps without leaving the app or the mobile client.
Perps are one tab inside the largest Solana app: three markets trade against the JLP pool, with leverage up to 250x, and six Beta markets add JUP, HYPE, ZEC and tokenised stocks. The 0.06% base fee is the highest of the series, and borrow fees keep accruing while a position is open.
jup.ag
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
