| FEATURE | ARCUS | AEVO |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.0225% | 0.08% |
| Maker Fee | 0% | 0.05% |
| Max Leverage | 50x | 20x |
| Perp Pairs | 60 | 102 |
| Spot Trading | Yes | No |
| KYC Required | No | No |
| Rating | 3.6 | 4.2 |
Arcus vs Aevo: 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, Arcus charges makers nothing, while Aevo charges makers 0.05%.
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 USDG on Arcus and in USDC, USDT, aeUSD, ETH +2 more on Aevo.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| Arcus | Aevo | |
|---|---|---|
| Taker round trip on $10,000 | $4.50 | $16.00 |
| Maker round trip on $10,000 | $0 | $10.00 |
| Best-tier taker fee | 0.0095% | 0.064% |
| BTC max leverage | 40x | 20x |
| Margin modes | cross, isolated | cross, isolated |
| 24h volume | $238M | $2M |
| TVL | $38M | $15M |
| Custody | non-custodial | non-custodial |
| Collateral | USDG | USDC, USDT, aeUSD, ETH +2 more |
| Deposit networks | Robinhood Chain, Ethereum, Arbitrum +3 more | Ethereum, Arbitrum, Base +1 more |
| Minimum order | $5 | $10 |
| Order types | 8 | 7 |
| Options | No | Yes |
| Mobile app | No | Yes |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | No | No |
| Insurance fund | No | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | 6 | 18 |
| Founded | 2026 | 2022 |
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.
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.
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
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
Frequently Asked Questions
Is Arcus or Aevo better?
Aevo has a higher rating (4.2 vs 3.6). Arcus offers lower fees (0.0225% vs 0.08%). Choose Arcus for lower fees, and Aevo for its features.
What are the fees on Arcus vs Aevo?
Arcus charges 0.0225% taker / 0% maker. Aevo charges 0.08% taker / 0.05% maker for perpetuals.
Which has higher leverage, Arcus or Aevo?
Arcus offers up to 50x (40x on BTC), and Aevo offers up to 20x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do Arcus and Aevo require KYC?
Arcus does not require KYC. Aevo does not require KYC. Both restrict some jurisdictions (Arcus lists 6; Aevo lists 18), so check the terms of service for your country before depositing.
Is Arcus or Aevo safer?
Arcus has been audited and has no insurance fund on record here, and custody is non-custodial. Aevo 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.
Which has more trading volume, Arcus or Aevo?
Arcus recorded $238M in 24-hour volume and Aevo recorded $2M, as of 2026-10-04. Arcus lists 60 perpetual markets and Aevo lists 102.