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All perp DEX comparisons

Neutral, side-by-side breakdowns of the leading decentralized perpetual exchanges — fees, liquidity, chains, markets and user experience.

All comparisons

25 head-to-head breakdowns across every major perp DEX.

VS

Perpmate vs Hyperliquid

Same Hyperliquid liquidity — which front-end trades better?

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VS

Hyperliquid vs dYdX

Two app-chain order books on volume, fees and decentralization.

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VS

Hyperliquid vs GMX

On-chain order book vs GMX's liquidity-pool perps.

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Hyperliquid vs Jupiter

The overall volume leader vs Solana's biggest perp DEX.

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Hyperliquid vs Drift

The overall leader vs Solana's most complete order book.

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Hyperliquid vs Vertex

Deepest L1 order book vs a low-fee Arbitrum order book.

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Hyperliquid vs Gains

Crypto-perp depth vs synthetic forex & commodities.

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Perpmate vs dYdX

Hyperliquid-powered depth and fees vs the dYdX Chain.

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dYdX vs GMX

Two DeFi perp originals: order book vs liquidity pool.

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dYdX vs Jupiter

Cosmos order book vs Solana's biggest pool perp.

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dYdX vs Drift

Cosmos order book vs Solana's leading order book.

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dYdX vs Vertex

Cosmos order book vs low-fee Arbitrum order book.

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dYdX vs Gains

Crypto order book vs synthetic forex & commodities.

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Perpmate vs GMX

Order-book execution vs GMX's liquidity-pool model.

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GMX vs Jupiter

GLP vaults vs Solana's JLP pool.

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GMX vs Drift

Liquidity pool vs Solana's leading order book.

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GMX vs Vertex

Liquidity-pool perps vs an order book with a money market.

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GMX vs Gains

Crypto-major vault vs synthetic forex & commodities.

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Perpmate vs Jupiter

Hyperliquid depth vs Solana-native pool perps.

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Jupiter vs Drift

Solana's two biggest perp venues: pool vs order book.

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Jupiter vs Vertex

Solana JLP pool vs low-fee Arbitrum order book.

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Jupiter vs Gains

Solana crypto majors vs synthetic forex & commodities.

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Drift vs Vertex

Solana's Drift against Arbitrum's Vertex — order-book challengers.

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Drift vs Gains

Solana order book vs synthetic forex & commodities.

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Vertex vs Gains

Low-fee Arbitrum order book vs synthetic markets.

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