| FEATURE | EXTENDED | GMX |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.01% | 0.06% |
| Maker Fee | 0% | 0.04% |
| Max Leverage | 100x | 100x |
| Perp Pairs | 50 | 87 |
| Spot Trading | No | Yes |
| KYC Required | No | No |
| Rating | 4.1 | 4.5 |
Extended
PROS
- + Over 50 perpetual markets including cryptocurrencies and TradFi assets (gold, oil, S&P 500, Nasdaq) — unique among perp DEXes
- + Zero maker fees for LP vault participants, with taker fees starting at ~0.01% for competitive cost efficiency
- + Up to 100x leverage on major crypto pairs, among the highest available on Starknet
CONS
- − Restricted in the US, Cuba, Iran, North Korea, and Syria — VPN usage prohibited per Terms of Use
- − TVL and liquidity lower than leading perp DEXes like Hyperliquid, meaning less depth for large positions
- − Starknet L2 has lower adoption than Ethereum L1 or Solana — fewer integrated dApps and wallets
GMX
PROS
- + Low dynamic perpetual trading fees starting at 0.04% for balance-improving trades, reduced from 0.05% in January 2025
- + Up to 100x leverage on BTC, ETH, and other major perpetual pairs with isolated margin
- + Multichain deployment across 8 networks including Arbitrum, Avalanche, Ethereum, Base, and Solana
CONS
- − US users are geo-restricted at the frontend level, along with several sanctioned countries
- − No native mobile app — requires third-party wallet dApp browsers for mobile trading
- − Dynamic fee model (0.04%-0.06%) can be less predictable than fixed-fee exchanges
Frequently Asked Questions
Is Extended or GMX better?
GMX has a higher rating (4.5 vs 4.1). Extended offers lower fees (0.01% vs 0.06%). Choose Extended for lower fees, and GMX for its features.
What are the fees on Extended vs GMX?
Extended charges 0.01% taker / 0% maker. GMX charges 0.06% taker / 0.04% maker for perpetuals.