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EVEDEX vs Drift

Detailed side-by-side comparison of features, fees, and trading experience

FEATURE EVEDEX DRIFT
Type HYBRID DEX
Taker Fee 0.045% 0.035%
Maker Fee 0.015% -0.0025%
Max Leverage 100x 101x
Perp Pairs 48 40
Spot Trading No Yes
KYC Required No No
Rating 3.9 2.0

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

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

Start Trading on EVEDEX

Non-custodial, no KYC required.

OPEN EVEDEX

Start Trading on Drift

Get 5% fee discount with our referral link. Non-custodial, no KYC.

OPEN DRIFT

Frequently Asked Questions

Is EVEDEX or Drift better?

EVEDEX has a higher rating (3.9 vs 2). Drift offers lower fees (0.035% vs 0.045%). Choose EVEDEX for its features, and Drift for lower fees.

What are the fees on EVEDEX vs Drift?

EVEDEX charges 0.045% taker / 0.015% maker. Drift charges 0.035% taker / -0.0025% maker for perpetuals.