| FEATURE | DRIFT | EVEDEX |
|---|---|---|
| Type | DEX | HYBRID |
| Taker Fee | 0.035% | 0.045% |
| Maker Fee | -0.0025% | 0.015% |
| Max Leverage | 101x | 100x |
| Perp Pairs | 40 | 48 |
| Spot Trading | Yes | No |
| KYC Required | No | No |
| Rating | 2.0 | 3.9 |
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: ~$285-295M stolen on April 1, 2026 via Solana durable nonces (suspected DPRK-linked) — perp trading suspended, USDT relaunch pending audits as of June 2026
- − Only available on Solana — users on other chains must bridge assets
- − High Leverage Mode (up to 101x) charges 2x the bottom taker fee tier
EVEDEX
PROS
- + Zero blockchain gas fees for trading — orders matched off-chain on Eventum L3 with ~$0.01 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, eliminating counterparty risk
CONS
- − No spot or options markets — EVEDEX is perpetual-futures only (around 48 perp pairs such as BTC, ETH, SOL, XRP, LTC, LINK, DOGE)
- − Only USDT accepted as collateral — no multi-collateral support for diversified margin
- − Cross margin only — isolated margin is still on the roadmap, limiting per-position risk control
Frequently Asked Questions
Is Drift or EVEDEX better?
EVEDEX has a higher rating (3.9 vs 2). Drift offers lower fees (0.035% vs 0.045%). Choose Drift for lower fees, and EVEDEX for its features.
What are the fees on Drift vs EVEDEX?
Drift charges 0.035% taker / -0.0025% maker. EVEDEX charges 0.045% taker / 0.015% maker for perpetuals.