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 |
|---|---|---|---|
| Extended | 0.027% | 0.027% | 0.050% |
| Gains | 0.040% | 0.040% | 0.040% |
View
Extendedn/aGainsn/a
Extended vs Gains
Extended leads on 5 of 8 shared benchmarks, Gains on 3. Extended wins on Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL (0.027% vs 0.040%), Perp DEX volume share, live 24h notional ranked ($518.70M vs $15.94M), Perp DEX asset breadth (131 vs 109), Perp DEX daily volume 2026 ($273.48M vs $17.75M). Gains wins on Most tradable markets on a perp DEX, live count per venue (355 vs 326), Perp DEX cost invariance (1.000x vs 1.902x), Perp DEX capital efficiency (40 vs 3). Data as of 2026-10-06 UTC.
Extended
Starknet perp DEX (formerly X10) with order book matching and instant withdrawals via STARK proofs.
Gains
Perp DEX on Polygon, Arbitrum, Base and Solana. Pool-based execution against the gToken vaults, oracle-priced trades with synthetic leverage.
Daily perp volume, head to head
Perpetual notional per closed UTC day, the DeFiLlama day buckets, read from each venue's own data. Ribbon under the bars marks which venue printed more that day.
7d lead
Extended
$1.50B vs $157M
30d lead
Extended
$7.28B vs $2.06B
Days led, last 30
28 / 2
Extended / Gains
Current streak
7 days
Extended since Sep 29, 2026
ExtendedGains
UTC days, one side per trade
Extended volume ÷ Gains volume, week by week
The ratio of the two venues' seven-day perp volume, in percent; a window is shown only when both sides have every day closed. 100% is parity. The dashed line is the median of the weeks shown; the last window is the 7d tile above.
956.5% · week to 5 Oct · median 548.1%
Extended ÷ Gains, seven-day windows ending on the last closed day
29 Sep to 5 Oct
| Extended ÷ Gains | 956.5% |
| vs median | +408.3pt |
| = Extended volume | $1.50B |
| ÷ Gains volume | $156.6M |
| Window | Extended | Gains | Extended / Gains |
|---|---|---|---|
| Last closed day (Oct 5, 2026) | $273M | $17.8M | 1540% |
| Last 7 days | $1.50B | $157M | 956% |
| Last 30 days | $7.28B | $2.06B | 354% |
Sources: Extended, Extended exchange/stats/trading per day, Starknet (Ethereum deployment until 2025-12-29), both sides halved. Gains, Dune view dune.gains.result_g_trade_stats_defi_llama (the DeFiLlama adapter's source): Arbitrum, Polygon, Base, MegaETH; ApeChain not included. Days where either venue has not closed are left blank rather than counted as zero. Last closed day common to both: Oct 5, 2026. Methodology and every venue on bench 266.
Side by side measurements
Perp DEX volume share, live 24h notional ranked
TradingExtended
Leads$518.70M
- p99
- $555.66M
- rank
- #8
- samples
- 2,880
Gains
Trails$15.94M
- p99
- $17.79M
- rank
- #21
- samples
- 2,880
24h perp volume
Extendedn/aGainsn/a
Most tradable markets on a perp DEX, live count per venue
TradingExtended
Trails326
- p99
- 326
- rank
- #3
- samples
- 2,880
Gains
Leads355
- p99
- 355
- rank
- #2
- samples
- 2,880
Active markets
Extendedn/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 |
|---|---|---|
| Extended | 1.902x | 100.0% |
| Gains | 1.000x | 100.0% |
View
Extendedn/aGainsn/a
Perp DEX asset breadth: non-crypto markets live, stocks + indices + forex + commodities
TradingExtended
Leads131
- p99
- 131
- rank
- #2
- samples
- 2,880
Gains
Trails109
- p99
- 109
- rank
- #5
- samples
- 2,880
Non-crypto markets
Extendedn/aGainsn/a
Counts reflect each venue's live market catalog at query time, mainnet only. The asset class comes from the venue's own metadata where it publishes one; Hyperliquid HIP-3 dexes and dYdX publish none, so their symbols are matched against the crypto markets the other venues list and a fixed table of forex, commodity and index names. Tokenized gold (PAXG, XAUT) is a crypto token and is not counted. A market counts once whether it trades 24/7 or only during exchange hours.
Perp DEX capital efficiency: active markets per $M TVL, live
TradingExtended
Trails3
- p99
- 3
- rank
- #7
- samples
- 2,880
Gains
Leads40
- p99
- 40
- rank
- #1
- samples
- 2,880
Markets per $M TVL
Extendedn/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: what the market pays per dollar of trading fees
Trading| Provider | Fees 30d | Open interest | Fees / OI |
|---|---|---|---|
| Extended | $1.54M | $100.88M | 0.186x |
| Gains | $841.5K | $2.60M | 3.93x |
View
Extendedn/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.
Perp DEX daily volume 2026: Hyperliquid, Aster, Lighter, GMX, Gains, dYdX by UTC day, backfilled
Trading| Provider | Daily perp volume | Volume 30d | Share 30d |
|---|---|---|---|
| Extended | $273.48M | $7.28B | 1.98% |
| Gains | $17.75M | $2.06B | 0.56% |
View
Extendedn/aGainsn/a
Volume is self-reported by each venue's public data surface and counted per UTC day, one side of each trade. Perimeters differ slightly per venue and are stated in the ledger notes. A closed day can be restated by a venue for one to two days; the harness re-reads the last three days every hour. Not a measure of organic flow: incentive programs and wash trading inflate notional on every venue.
Perp DEX volume to open interest: 24h turnover per dollar of OI, live
TradingExtended
Leads2.60x
- p99
- 2.78x
- rank
- #17
- samples
- 2,880
Gains
Trails6.12x
- p99
- 6.83x
- rank
- #20
- samples
- 2,880
Volume / OI (24h)
Extendedn/aGainsn/a
The ratio is a screen, not a verdict. Both terms are the venue's own figures (24h volume and open interest as each API reports them, in USD), so a venue that counts both legs of a fill moves its ratio without changing anything real. A very low ratio (Ostium, 0.2x) means positions held for days on thin daily volume; a very high one (Kalshi, above 40x) means a day of trading dwarfs what stays open. The bands in the methodology say what each range usually means.
Frequently asked questions
Extended vs Gains: which one is better?
Extended and Gains are compared on 9 shared OpenChainBench benchmarks. Extended 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, Extended or Gains?
On the Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL benchmark, Extended leads at 0.027% versus Gains at 0.040%. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher active markets, Extended or Gains?
On the Most tradable markets on a perp DEX, live count per venue benchmark, Gains leads at 355 versus Extended at 326. Live measurement is updated continuously by the OpenChainBench harness.
How is the Extended 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.