| FEATURE | AEVO | ARCUS |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.08% | 0.0225% |
| Maker Fee | 0.05% | 0% |
| Max Leverage | 20x | 50x |
| Perp Pairs | 102 | 60 |
| Spot Trading | No | Yes |
| KYC Required | No | No |
| Rating | 4.2 | 3.6 |
Aevo vs Arcus: key differences
Opening and closing a $10,000 position with market orders costs $4.50 on Arcus and $16.00 on Aevo at base-tier taker fees, a difference of $11.50 per round trip.
For limit orders, Aevo charges makers 0.05%, while Arcus charges makers nothing.
Arcus allows up to 50x leverage against 20x on Aevo. The headline figure usually applies to a few markets only, so check the limit on the pair you trade.
Aevo lists 102 perpetual markets, Arcus lists 60.
Arcus also has spot trading; Aevo is perpetuals only.
Arcus is the more liquid venue, with $238M in 24-hour volume against $2M on Aevo (about 119 times more). Deeper books mean less slippage on large orders.
Neither exchange requires KYC: both are used by connecting a wallet.
Margin is posted in USDC, USDT, aeUSD, ETH +2 more on Aevo and in USDG on Arcus.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| Aevo | Arcus | |
|---|---|---|
| Taker round trip on $10,000 | $16.00 | $4.50 |
| Maker round trip on $10,000 | $10.00 | $0 |
| Best-tier taker fee | 0.064% | 0.0095% |
| BTC max leverage | 20x | 40x |
| Margin modes | cross, isolated | cross, isolated |
| 24h volume | $2M | $238M |
| TVL | $15M | $38M |
| Custody | non-custodial | non-custodial |
| Collateral | USDC, USDT, aeUSD, ETH +2 more | USDG |
| Deposit networks | Ethereum, Arbitrum, Base +1 more | Robinhood Chain, Ethereum, Arbitrum +3 more |
| Minimum order | $10 | $5 |
| Order types | 7 | 8 |
| Options | Yes | No |
| Mobile app | Yes | No |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | No | No |
| Insurance fund | Yes | No |
| Audited | Yes | Yes |
| Restricted jurisdictions | 18 | 6 |
| Founded | 2022 | 2026 |
Choose Aevo if
- You trade smaller or newer markets: 102 perpetual pairs against 60.
- You trade options as well as perpetuals.
- You trade from a phone: Aevo has a mobile app.
- You want to post margin in more than one asset.
- You want a sign-up discount: 10% off fees through a referral link.
Choose Arcus if
- You mostly use market orders: 0.0225% taker fee against 0.08% on Aevo.
- You place limit orders: 0% maker fee against 0.05% on Aevo.
- You want higher leverage: up to 50x against 20x.
- You trade size and need liquidity: $238M in 24-hour volume against $2M.
- You want spot and perpetuals in one account.
Aevo
PROS
- + Options order book on BTC, ETH, SOL and HYPE next to 102 perpetual markets, all under one margin account with optional portfolio margin
- + 47 real-world asset perpetuals (US stocks, ETFs, gold, silver, oil, FX and pre-IPO names such as OpenAI) in addition to 55 crypto pairs
- + No KYC: trading starts after connecting an EVM wallet, and the exchange is non-custodial with settlement on the Aevo rollup
CONS
- − Maximum 20x leverage, and only on BTC, ETH, SOL, HYPE and ZEC; the other 97 perpetual markets are capped at 10x or 3x, far below GMX (100x) or Avantis (500x)
- − Base perpetual fees of 0.08% taker and 0.05% maker are higher than on Hyperliquid (0.045% taker), and makers pay a fee instead of getting a rebate
- − Low liquidity: about 2 million dollars of 24h perpetual volume and about 15 million dollars of TVL, which means thin order books on smaller pairs
Arcus
PROS
- + 0% maker and 0.0225% taker fee on perpetuals at the base tier, falling to 0.0095% taker with a 0.003% maker rebate at 3 billion dollars of 30-day volume
- + 30 single-stock perpetuals plus SPY, QQQ, gold, silver, copper, and oil markets trade 24/7 next to 24 crypto perpetuals, all from one USDG balance
- + Spot trading of tokenized stocks costs 0% in fees, and Stock Tokens stay in the user's own wallet
CONS
- − Perpetuals are in beta: new users need a waitlist cohort or a single-use invite code, and the iOS and Android apps were still in pre-order on October 4, 2026
- − Not available in the United States, Canada, or the United Kingdom under the Terms of Use dated May 28, 2026
- − USDG is the only collateral asset, and 54 of the 60 online markets are capped at 20x leverage or less, with most single stocks at 5x or 10x
Frequently Asked Questions
Is Aevo or Arcus better?
Aevo has a higher rating (4.2 vs 3.6). Arcus offers lower fees (0.0225% vs 0.08%). Choose Aevo for its features, and Arcus for lower fees.
What are the fees on Aevo vs Arcus?
Aevo charges 0.08% taker / 0.05% maker. Arcus charges 0.0225% taker / 0% maker for perpetuals.
Which has higher leverage, Aevo or Arcus?
Aevo offers up to 20x, and Arcus offers up to 50x (40x on BTC). Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do Aevo and Arcus require KYC?
Aevo does not require KYC. Arcus does not require KYC. Both restrict some jurisdictions (Aevo lists 18; Arcus lists 6), so check the terms of service for your country before depositing.
Is Aevo or Arcus safer?
Aevo has been audited and runs an insurance fund, and custody is non-custodial. Arcus has been audited and has no insurance fund on record here, and custody is non-custodial. Neither audits nor insurance funds remove smart contract risk, so size deposits accordingly.
Which has more trading volume, Aevo or Arcus?
Aevo recorded $2M in 24-hour volume and Arcus recorded $238M, as of 2026-10-04. Aevo lists 102 perpetual markets and Arcus lists 60.