Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL
Trading| Provider | All-in at $100k | All-in at $1M |
|---|---|---|
| gains.trade | 0.043% | 0.043% |
| Lighter | 0.0086% | 0.034% |
gains.trade leads on 4 of 6 shared benchmarks, Lighter on 2. gains.trade wins on Most tradable markets on a perp DEX, live count across 14 venues (364 vs 205), Perp DEX cost invariance: all-in bps at $1M vs $1k, live slope ranked (1.000x vs 6.94x), Perp DEX security track record: days without a recorded exploit, live (1,712 vs 1,135), Perp DEX asset breadth: non-crypto markets live, forex + stocks + indices + commodities (110 vs 40). Lighter wins on Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL (0.0027% vs 0.040%), Perp DEX mark price fidelity: deviation from CEX spot reference, live (0.046% vs 0.062%).
Perp DEX on Polygon, Arbitrum, Base and Solana. Pool-based execution against the gToken vaults, oracle-priced trades with synthetic leverage.
Onchain perp DEX with a fully onchain orderbook on a zkSync rollup. ZK proofs verify matching, no off-chain sequencer for trade execution.
| Provider | All-in at $100k | All-in at $1M |
|---|---|---|
| gains.trade | 0.043% | 0.043% |
| Lighter | 0.0086% | 0.034% |
gains.trade
Leads364
Lighter
Trails205
| Provider | $1M fill rate |
|---|---|
| gains.trade | 100.0% |
| Lighter | 99.4% |
gains.trade
Trails0.062 %
Lighter
Leads0.046 %
Per chain
| Chain | gains.trade | Lighter |
|---|---|---|
| ETH | 0.055% | 0.047% |
| BTC | 0.062% | 0.046% |
| SOL | 0.059% | 0.033% |
gains.trade
Leads1,712
Lighter
Trails1,135
gains.trade
Leads110
Lighter
Trails40
gains.trade and Lighter are compared on 6 shared OpenChainBench benchmarks. gains.trade leads on Most tradable markets on a perp DEX, live count across 14 venues. Lighter leads on Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL. See the live table on this page for every metric.
On the Most tradable markets on a perp DEX, live count across 14 venues benchmark, gains.trade leads at 364 versus Lighter at 205. Live measurement is updated continuously by the OpenChainBench harness.
On the Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL benchmark, Lighter leads at 0.0027% versus gains.trade at 0.040%. Live measurement is updated continuously by the OpenChainBench harness.
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.
A pair is published when all four conditions hold. Both providers run in the same OpenChainBench benchmark for at least seven consecutive days. Each provider has at least 1000 samples in the measurement window. The head to head query has observable third party search demand. Both providers have a public /products/[slug] page on OCB. The full pair ledger is versioned in the public repo so the methodology is externally verifiable.