| FEATURE | GMX | EXTENDED |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.06% | 0.025% |
| Maker Fee | 0.04% | 0% |
| Max Leverage | 100x | 100x |
| Perp Pairs | 87 | 100 |
| Spot Trading | Yes | No |
| KYC Required | No | No |
| Rating | 4.5 | 4.1 |
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
Extended
PROS
- + 100+ perpetual markets including cryptocurrencies and TradFi assets (gold, oil, EUR/USD, S&P 500, Nasdaq) — rare among perp DEXes
- + Zero maker fees and just 0.025% taker fees, with maker rebates up to 0.013% based on 30-day market share
- + Up to 100x leverage on major crypto pairs including BTC and ETH, among the highest on Starknet
CONS
- − Restricted in the US, Cuba, Iran, North Korea, and Syria — VPN usage to bypass violates the Terms of Use
- − TVL (~$144M) and liquidity remain 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
Frequently Asked Questions
Is GMX or Extended better?
GMX has a higher rating (4.5 vs 4.1). Extended offers lower fees (0.025% vs 0.06%). Choose GMX for its features, and Extended for lower fees.
What are the fees on GMX vs Extended?
GMX charges 0.06% taker / 0.04% maker. Extended charges 0.025% taker / 0% maker for perpetuals.