| FEATURE | DRIFT | GRVT |
|---|---|---|
| Type | DEX | HYBRID |
| Taker Fee | 0.035% | 0.045% |
| Maker Fee | -0.0025% | -0.0001% |
| Max Leverage | 101x | 50x |
| Perp Pairs | 40 | 168 |
| Spot Trading | Yes | No |
| KYC Required | No | No |
| Rating | 2.0 | 4.5 |
Drift
PROS
- + Up to 101x leverage available on SOL, BTC, and ETH perpetual markets via High Leverage Mode (pre-suspension product)
- + 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: ~$286M drained on April 1, 2026 via an administrator private-key compromise (suspected DPRK-linked / Mandiant UNC6862); ~$295M in user losses still outstanding
- − Public perpetual trading suspended since the exploit — only a private beta is live as of July 2026, with no announced public relaunch date
- − Recovery pool started at only ~$3.8M and must accrue protocol revenue and Tether/partner funds over time to cover ~$295M in losses, so users are far from being made whole
GRVT
PROS
- + Negative maker fees across all nine tiers, from -0.0001% at Level 1 to -0.003% at Level 9 — makers earn rebates instead of paying to provide liquidity
- + Self-custodial with optional KYC — users can sign up with only an email and trade without identity verification while keeping full control of funds
- + Around 168 perpetual markets spanning crypto and real-world assets, including gold (XAU), oil (WTI), and equities like Tesla, with up to 50x leverage on BTC
CONS
- − Only USDT and USDC accepted as collateral — no BTC, ETH, or multi-collateral margin support
- − Spot and options markets are not yet live — the platform is perpetuals-only, and even gold and stock exposure is traded via perps
- − KYC is still required to claim the upcoming $GRVT airdrop tokens at TGE and to lift the 50,000 USDT/day bridge withdrawal limit
Frequently Asked Questions
Is Drift or GRVT better?
GRVT has a higher rating (4.5 vs 2). Drift offers lower fees (0.035% vs 0.045%). Choose Drift for lower fees, and GRVT for its features.
What are the fees on Drift vs GRVT?
Drift charges 0.035% taker / -0.0025% maker. GRVT charges 0.045% taker / -0.0001% maker for perpetuals.