| FEATURE | GRVT | EXTENDED |
|---|---|---|
| Type | HYBRID | DEX |
| Taker Fee | 0.045% | 0.025% |
| Maker Fee | -0.0001% | 0% |
| Max Leverage | 50x | 100x |
| Perp Pairs | 184 | 326 |
| Spot Trading | Yes | Yes |
| KYC Required | No | No |
| Rating | 4.5 | 4.1 |
GRVT vs Extended: key differences
Opening and closing a $10,000 position with market orders costs $5.00 on Extended and $9.00 on GRVT at base-tier taker fees, a difference of $4.00 per round trip.
For limit orders, GRVT pays makers a 0.0001% rebate, while Extended charges makers nothing.
Extended allows up to 100x leverage against 50x on GRVT. The headline figure usually applies to a few markets only, so check the limit on the pair you trade.
Extended lists 326 perpetual markets, GRVT lists 184.
GRVT is the more liquid venue, with $481M in 24-hour volume against $181M on Extended (about 2.7 times more). Deeper books mean less slippage on large orders.
Neither exchange requires KYC: both are used by connecting a wallet.
Margin is posted in USDT, USDC on GRVT and in USDC, USDT, wBTC, ETH +1 more on Extended.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| GRVT | Extended | |
|---|---|---|
| Taker round trip on $10,000 | $9.00 | $5.00 |
| Maker round trip on $10,000 | $0.02 rebate | $0 |
| Best-tier taker fee | 0.024% | 0.025% |
| BTC max leverage | 50x | 50x |
| Margin modes | cross, isolated | cross, isolated |
| 24h volume | $481M | $181M |
| TVL | $34M | $122M |
| Custody | non-custodial | non-custodial |
| Collateral | USDT, USDC | USDC, USDT, wBTC, ETH +1 more |
| Deposit networks | Ethereum, Arbitrum, Base +4 more | Starknet, Ethereum, Arbitrum +5 more |
| Minimum order | $5 | $10 |
| Order types | 10 | 7 |
| Options | No | No |
| Mobile app | Yes | No |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | No | No |
| Insurance fund | Yes | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | 17 | 13 |
| Founded | 2022 | 2024 |
Choose GRVT if
- You place limit orders: makers earn a 0.0001% rebate.
- You trade size and need liquidity: $481M in 24-hour volume against $181M.
- You trade from a phone: GRVT has a mobile app.
- You want a sign-up discount: 20% off fees through a referral link.
Choose Extended if
- You mostly use market orders: 0.025% taker fee against 0.045% on GRVT.
- You want higher leverage: up to 100x against 50x.
- You trade smaller or newer markets: 326 perpetual pairs against 184.
- You want to post margin in more than one asset.
GRVT
PROS
- + Negative maker fees on perpetuals across all nine tiers, from -0.0001% at Level 1 to -0.003% at Level 9, so makers receive a rebate on every filled limit order
- + Self-custodial with optional KYC: users can sign up with only an email and trade without identity verification while keeping control of their funds
- + 184 perpetual markets, including 98 equity and index markets and 8 commodity markets such as gold (XAU) and crude oil, with up to 50x leverage on BTC and ETH
CONS
- − Only USDT and USDC are accepted as collateral; unified multi-collateral margin is targeted for Q4 2026 in the GRVT litepaper
- − Spot trading is limited to two pairs (GRVT/USDT and USDC/USDT), and options and dated futures are not available
- − Leverage is capped at 10x on 172 of the 184 perpetual markets; 50x applies only to BTC and ETH positions under 600,000 USD notional
Extended
PROS
- + 326 active perpetual markets: 195 crypto and 131 real-world asset markets, including 112 equities plus gold, oil, FX and stock indices
- + 0% maker fee and 0.025% taker fee on crypto markets, 0.010% taker fee on RWA markets, and maker rebates up to 0.010% for a 30-day market share of 5% or more
- + Multi-asset collateral: USDC counts at 100% of its value toward margin, USDT at 95%, and wBTC, ETH and XVS vault shares at 90%
CONS
- − Restricted in the United States, United Kingdom, Canada, Russia, Hong Kong, Seychelles and sanctioned countries (Cuba, Iran, North Korea, Syria); the Terms of Use forbid using a VPN to bypass this
- − BTC and ETH leverage is capped at 50x, and the 100x maximum applies only to the EUR/USD market
- − TVL of about 122 million dollars and 24-hour volume of about 181 million dollars are well below the largest perp DEXes, which means less depth for large orders
Frequently Asked Questions
Is GRVT or Extended better?
GRVT has a higher rating (4.5 vs 4.1). Extended offers lower fees (0.025% vs 0.045%). Choose GRVT for its features, and Extended for lower fees.
What are the fees on GRVT vs Extended?
GRVT charges 0.045% taker / -0.0001% maker. Extended charges 0.025% taker / 0% maker for perpetuals.
Which has higher leverage, GRVT or Extended?
GRVT offers up to 50x, and Extended offers up to 100x (50x on BTC). Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do GRVT and Extended require KYC?
GRVT does not require KYC. Extended does not require KYC. Both restrict some jurisdictions (GRVT lists 17; Extended lists 13), so check the terms of service for your country before depositing.
Is GRVT or Extended safer?
GRVT has been audited and runs an insurance fund, and custody is non-custodial. Extended has been audited and runs an insurance fund, and custody is non-custodial. Neither audits nor insurance funds remove smart contract risk, so size deposits accordingly.
Which has more trading volume, GRVT or Extended?
GRVT recorded $481M in 24-hour volume and Extended recorded $181M, as of 2026-10-04. GRVT lists 184 perpetual markets and Extended lists 326.