| FEATURE | AEVO | VELOCITY |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.08% | 0.06% |
| Maker Fee | 0.05% | -0.0025% |
| Max Leverage | 20x | 20x |
| Perp Pairs | 102 | 4 |
| Spot Trading | No | No |
| KYC Required | No | No |
| Rating | 4.2 | 2.5 |
Aevo vs Velocity: key differences
Velocity is still in recovery after a security incident. Read the status notice in the Velocity review before depositing.
Opening and closing a $10,000 position with market orders costs $12.00 on Velocity and $16.00 on Aevo at base-tier taker fees, a difference of $4.00 per round trip.
For limit orders, Aevo charges makers 0.05%, while Velocity pays makers a 0.0025% rebate.
Aevo lists 102 perpetual markets, Velocity lists 4.
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 USDT, SOL, wBTC, wETH on Velocity.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| Aevo | Velocity | |
|---|---|---|
| Taker round trip on $10,000 | $16.00 | $12.00 |
| Maker round trip on $10,000 | $10.00 | $0.50 rebate |
| Best-tier taker fee | 0.064% | 0.02% |
| BTC max leverage | 20x | 20x |
| Margin modes | cross, isolated | cross-margin |
| 24h volume | $2M | — |
| TVL | $15M | $343M |
| Custody | non-custodial | non-custodial |
| Collateral | USDC, USDT, aeUSD, ETH +2 more | USDT, SOL, wBTC, wETH |
| Deposit networks | Ethereum, Arbitrum, Base +1 more | Solana |
| Minimum order | $10 | — |
| Order types | 7 | 11 |
| Options | Yes | No |
| Mobile app | Yes | Yes |
| Testnet or demo | Yes | No |
| Vaults or copy trading | No | No |
| Insurance fund | Yes | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | 18 | — |
| Founded | 2022 | 2021 |
Choose Aevo if
- You trade smaller or newer markets: 102 perpetual pairs against 4.
- You trade options as well as perpetuals.
- You want a sign-up discount: 10% off fees through a referral link.
Choose Velocity if
- You have read its recovery status first: users affected by the earlier incident have not been made whole.
- You mostly use market orders: 0.06% taker fee against 0.08% on Aevo.
- You place limit orders: makers earn a 0.0025% rebate.
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
Velocity
PROS
- + Trading is open again: the public beta has been available to all users since September 21, 2026, with BTC, ETH and SOL perpetuals at up to 20x leverage and HYPE at up to 10x
- + Makers receive a 0.0025% rebate on post-only orders at every volume tier, and the taker fee falls from 0.06% to 0.02% above 200 million dollars in 30-day volume
- + One cross-margin account accepts USDT, SOL, wBTC and wETH as collateral, and deposits earn lending interest while they back positions
CONS
- − About 286 million dollars was stolen on April 1, 2026 through compromised administrator keys, and verified user losses are about 295.4 million dollars
- − Affected users have recovered about 1 percent so far: each DFX recovery token redeemed for about 0.0104 USDT from a 3.11 million USDT pool in early October 2026
- − The relaunched exchange lists four perpetual markets, down from more than 40 before the exploit, and spot order book trading was removed
Frequently Asked Questions
Is Aevo or Velocity better?
Aevo has a higher rating (4.2 vs 2.5). Velocity offers lower fees (0.06% vs 0.08%). Choose Aevo for its features, and Velocity for lower fees.
What are the fees on Aevo vs Velocity?
Aevo charges 0.08% taker / 0.05% maker. Velocity charges 0.06% taker / -0.0025% maker for perpetuals.
Which has higher leverage, Aevo or Velocity?
Aevo offers up to 20x, and Velocity offers up to 20x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do Aevo and Velocity require KYC?
Aevo does not require KYC. Velocity does not require KYC. Both restrict some jurisdictions (Aevo lists 18; Velocity publishes no list we could verify), so check the terms of service for your country before depositing.
Is Aevo or Velocity safer?
Aevo has been audited and runs an insurance fund, and custody is non-custodial. Velocity has been audited and runs an insurance fund, and custody is non-custodial. Neither audits nor insurance funds remove smart contract risk, so size deposits accordingly.