Lighter vs edgeX
Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.
| Line | Lighter | edgeX |
|---|---|---|
| 30-day volume | #P03 · $52,570.0MEdge | #P05 · $37,261.0M |
| Trading fees | 0% maker · 0% takerStandard accounts, the default, pay no maker or taker fee on perps or spot, at the cost of slower matching (300ms taker latency). Premium accounts are opt-in and get faster matching: 0.0040% maker and 0.0280% taker with no LIT staked, reduced by staking LIT.Edge | 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. |
| New-user perk | One week of Premium for free: the fees paid during that week are rebated | 10% off trading fees, according to the promotional codes documented by affiliates |
| Max leverage | up to 50× | up to 100×Edge |
| Perp markets | 210 | 292Edge |
| Identity check | No KYC | Not documented |
| Custody | Non-custodial: Ethereum contracts hold the state root, escape hatch available | Non-custodial, wallet or email (MPC) login |
| Settles on | Lighter Core (ZK rollup anchored on Ethereum) | edgeX Chain (StarkEx engine) |
| Collateral | USDC | USDC |
| Where it runs | Web | Web |
| Chains | EVMEthereumEdge | |
| Documented features | 7 of 10Edge | 5 of 10 |
| Order book | Yes | Yes |
| Cross margin | Yes | Yes |
| Spot trading | Yes | Yes |
| Vaults / copy vaults | Yes | Not documented |
| Copy trading | Not documented | Not documented |
| Stocks, gold or forex | Yes | Yes |
| Points program | Yes | No |
| API | Yes | Yes |
| Mobile app | Not documented | Not documented |
| Telegram bot | No | Not documented |
Which one should you pick?
Pick Lighter if
Fees are your main cost and you accept slightly slower fills to keep them at zero.
Trading is free by default on Lighter, and the venue anchors its state root on Ethereum with a documented escape hatch. The catch is that free matching is slower, and the paid Premium tier exists above it.
app.lighter.xyz
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.
pro.edgex.exchange
