| FEATURE | DRIFT | AEVO |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.035% | 0.08% |
| Maker Fee | -0.0025% | 0.05% |
| Max Leverage | 101x | 20x |
| Perp Pairs | 40 | 147 |
| Spot Trading | Yes | No |
| KYC Required | No | No |
| Rating | 2.0 | 4.2 |
Drift
PROS
- + Up to 101x leverage available on SOL, BTC, and ETH perpetual markets via High Leverage Mode
- + Maker rebates up to -0.0033% at VIP tier, meaning makers earn a rebate on each trade
- + Cross-collateral system lets any supported asset (USDT, SOL, JLP, etc.) serve as margin for any position
CONS
- − MAJOR EXPLOIT: $270M stolen on April 1-2, 2026 via Solana durable nonces — protocol under recovery, relaunch pending
- − Only available on Solana — users on other chains must bridge assets
- − High Leverage Mode (up to 101x) charges 2x the bottom taker fee tier
Aevo
PROS
- + Unique options markets alongside perpetuals — one of the only DEX platforms offering onchain vanilla options alongside 148+ perpetual pairs
- + Competitive perpetuals fees at 0.08% taker / 0.05% maker, with maker rebates on options as low as 0.03%
- + No KYC required — fully non-custodial trading by connecting any EVM wallet, accessible globally except US, Canada, and China
CONS
- − Maximum leverage of 20x is lower than competitors like Hyperliquid (40x) and GMX (50x) — not suitable for high-leverage seekers
- − TVL of approximately $22M is significantly lower than leading perpetuals DEXs (Hyperliquid: $4.8B, GMX: $500M+) — may limit depth and liquidity
- − Only USDC accepted as primary collateral — no multi-collateral support like some competing platforms
Frequently Asked Questions
Is Drift or Aevo better?
Aevo has a higher rating (4.2 vs 2). Drift offers lower fees (0.035% vs 0.08%). Choose Drift for lower fees, and Aevo for its features.
What are the fees on Drift vs Aevo?
Drift charges 0.035% taker / -0.0025% maker. Aevo charges 0.08% taker / 0.05% maker for perpetuals.