Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL
Trading| Provider | All-in cost | All-in at $100k | All-in at $1M |
|---|---|---|---|
| edgeX | 0.038% | 0.050% | 0.051% |
| Gains | 0.040% | 0.043% | 0.043% |
View
edgeXn/aGainsn/a
edgeX vs Gains
edgeX leads on 1 of 5 shared benchmarks, Gains on 4. edgeX wins on Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL (0.038% vs 0.040%). Gains wins on Most tradable markets on a perp DEX, live count per venue (368 vs 284), Perp DEX cost invariance (1.000x vs 1.055x), Perp DEX capital efficiency (23 vs 4), Perp DEX price to fees ratio 2026 (1.410x vs 3.50x).
edgeX
zkSync-based perp DEX with low taker fees and a documented public REST API.
Gains
Perp DEX on Polygon, Arbitrum, Base and Solana. Pool-based execution against the gToken vaults, oracle-priced trades with synthetic leverage.
Side by side measurements
Most tradable markets on a perp DEX, live count per venue
TradingedgeX
Trails284
- p99
- 292
- rank
- #4
- samples
- 2,880
Gains
Leads368
- p99
- 372
- rank
- #2
- samples
- 2,880
Active markets
edgeXn/aGainsn/a
Perp DEX cost invariance: all-in bps at $1M vs $1k, live slope ranked
Trading| Provider | Cost slope ($1M / $1k) | $1M fill rate |
|---|---|---|
| edgeX | 1.055x | 100.0% |
| Gains | 1.000x | 100.0% |
View
edgeXn/aGainsn/a
Perp DEX capital efficiency: active markets per $M TVL, live
TradingedgeX
Trails4
- p99
- 4
- rank
- #5
- samples
- 2,880
Gains
Leads23
- p99
- 23
- rank
- #1
- samples
- 2,880
Markets per $M TVL
edgeXn/aGainsn/a
TVL from DefiLlama /protocol/{slug} currentChainTvls, excluding staking and pool2 categories. Market count from each venue's native API (same source as the perp-active-markets bench). The ratio reflects architectural choices, not absolute liquidity: a high ratio means the venue can list many markets cheaply, not that each market has deep liquidity. Compare with perp-volume-share for the liquidity angle.
Perp DEX price to fees ratio 2026: Hyperliquid, Aster, Lighter, GMX, GNS live
Trading| Provider | P/F ratio | FDV / fees | P/S | Fees 30d | Revenue 30d | Float | Open interest | Fees / OI |
|---|---|---|---|---|---|---|---|---|
| edgeX | 3.50x | 10.0x | 4.85x | $5.02M | $3.63M | 35.0% | $639.17M | 0.096x |
| Gains | 1.410x | 1.410x | 1.795x | $649.2K | $510.1K | 100.0% | $41.78M | 0.189x |
View
edgeXn/aGainsn/a
P/F = circulating market cap (CoinGecko) / annualized fees (DeFiLlama dailyFees, trailing 30d x 365/30), on the DeFiLlama parent the token accrues from. Fees include the share paid to liquidity providers; P/S uses protocol revenue only. Low-float tokens show a much higher FDV/F than P/F. Pre-TGE venues are listed unranked with fees and OI, no ratio. A low multiple is not a recommendation.
Frequently asked questions
edgeX vs Gains: which one is better?
edgeX and Gains are compared on 5 shared OpenChainBench benchmarks. edgeX leads on Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL. Gains leads on Most tradable markets on a perp DEX, live count per venue. See the live table on this page for every metric.
Which is cheaper, edgeX or Gains?
On the Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL benchmark, edgeX leads at 0.038% versus Gains at 0.040%. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher active markets, edgeX or Gains?
On the Most tradable markets on a perp DEX, live count per venue benchmark, Gains leads at 368 versus edgeX at 284. Live measurement is updated continuously by the OpenChainBench harness.
How is the edgeX vs Gains comparison measured?
Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.
Related comparisons
How this pair was selected
Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.