| FEATURE | AEVO | EVEDEX |
|---|---|---|
| Type | DEX | HYBRID |
| Taker Fee | 0.08% | 0.045% |
| Maker Fee | 0.05% | 0.015% |
| Max Leverage | 20x | 100x |
| Perp Pairs | 144 | 48 |
| Spot Trading | No | No |
| KYC Required | No | No |
| Rating | 4.2 | 3.9 |
Aevo
PROS
- + Rare on-chain options markets alongside 144 perpetual pairs — one of the only DEXs offering vanilla options and perps under a single unified margin account
- + Competitive perpetual fees of 0.08% taker / 0.05% maker, with options at 0.05% / 0.03% and up to a 20% fee discount for AEVO stakers
- + No KYC required — non-custodial trading by connecting any EVM wallet, accessible globally except the US, Canada, and China
CONS
- − Maximum 20x leverage on perpetuals is well below competitors like GMX (100x) and Avantis (500x), limiting appeal for high-leverage traders
- − TVL of roughly $15M is far smaller than leading perpetual DEXs such as Hyperliquid, which can reduce depth on lower-volume pairs
- − The full 20% fee discount requires staking AEVO with lock-ups of up to 12 months, so casual traders pay standard rates
EVEDEX
PROS
- + Zero blockchain gas fees for trading — orders matched off-chain on Eventum L3 with roughly $0.01 on-chain settlement costs
- + Up to 100x leverage on BTC and major perpetual pairs with competitive 0.045% taker / 0.015% maker base fees
- + Non-custodial: funds remain in user-controlled smart contracts and settle on-chain, eliminating exchange counterparty risk
CONS
- − Perpetual-futures only (around 48 pairs) — no spot or options markets
- − Only USDT accepted as collateral — no multi-collateral support for diversified margin
- − Liquidity and open interest are a fraction of market leaders (TVL near $1.9M), so large positions can face slippage
Frequently Asked Questions
Is Aevo or EVEDEX better?
Aevo has a higher rating (4.2 vs 3.9). EVEDEX offers lower fees (0.045% vs 0.08%). Choose Aevo for its features, and EVEDEX for lower fees.
What are the fees on Aevo vs EVEDEX?
Aevo charges 0.08% taker / 0.05% maker. EVEDEX charges 0.045% taker / 0.015% maker for perpetuals.