| FEATURE | GMX | EDGEX |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.06% | 0.038% |
| Maker Fee | 0.04% | 0.012% |
| Max Leverage | 100x | 100x |
| Perp Pairs | 87 | 176 |
| Spot Trading | Yes | Yes |
| KYC Required | No | No |
| Rating | 4.5 | 4.3 |
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
edgeX
PROS
- + Ultra-low perpetuals taker fee of 0.038% at base tier, reducing to 0.024% at VIP 6 ($2B+ volume), with zero maker fees at top tiers
- + Up to 100x leverage on major assets like BTC and ETH, with both cross and isolated margin modes
- + High-performance orderbook processing 200,000+ orders per second with sub-10ms matching latency, rivaling centralized exchanges
CONS
- − Only USDT as collateral — no multi-collateral support, though native USDC integration is planned via Circle partnership
- − Restricted in the US, Canada, Cuba, Iran, North Korea, Syria, Myanmar, and Crimea/Donetsk/Luhansk — VPN usage explicitly prohibited
- − Spot trading launched only in December 2025 and remains limited compared to established spot DEXs, with fees of 0.04% maker / 0.07% taker
Frequently Asked Questions
Is GMX or edgeX better?
GMX has a higher rating (4.5 vs 4.3). edgeX offers lower fees (0.038% vs 0.06%). Choose GMX for its features, and edgeX for lower fees.
What are the fees on GMX vs edgeX?
GMX charges 0.06% taker / 0.04% maker. edgeX charges 0.038% taker / 0.012% maker for perpetuals.