| FEATURE | GRVT | PACIFICA |
|---|---|---|
| Type | HYBRID | DEX |
| Taker Fee | 0.045% | 0.04% |
| Maker Fee | -0.0001% | 0.015% |
| Max Leverage | 50x | 50x |
| Perp Pairs | 184 | 77 |
| Spot Trading | Yes | Yes |
| KYC Required | No | No |
| Rating | 4.5 | 3.6 |
GRVT vs Pacifica: key differences
Opening and closing a $10,000 position with market orders costs $8.00 on Pacifica and $9.00 on GRVT at base-tier taker fees, a difference of $1.00 per round trip.
For limit orders, GRVT pays makers a 0.0001% rebate, while Pacifica charges makers 0.015%.
GRVT lists 184 perpetual markets, Pacifica lists 77.
GRVT is the more liquid venue, with $481M in 24-hour volume against $297M on Pacifica. 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, SOL on Pacifica.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| GRVT | Pacifica | |
|---|---|---|
| Taker round trip on $10,000 | $9.00 | $8.00 |
| Maker round trip on $10,000 | $0.02 rebate | $3.00 |
| Best-tier taker fee | 0.024% | 0.028% |
| BTC max leverage | 50x | 50x |
| Margin modes | cross, isolated | cross, isolated |
| 24h volume | $481M | $297M |
| TVL | $34M | $27M |
| Custody | non-custodial | non-custodial |
| Collateral | USDT, USDC | USDC, SOL |
| Deposit networks | Ethereum, Arbitrum, Base +4 more | Solana |
| Minimum order | $5 | $10 |
| Order types | 10 | 12 |
| Options | No | No |
| Mobile app | Yes | Yes |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | No | Yes |
| Insurance fund | Yes | No |
| Audited | Yes | Yes |
| Restricted jurisdictions | 17 | 13 |
| Founded | 2022 | 2025 |
Choose GRVT if
- You place limit orders: makers earn a 0.0001% rebate.
- You trade smaller or newer markets: 184 perpetual pairs against 77.
- You trade size and need liquidity: $481M in 24-hour volume against $297M.
- You want a sign-up discount: 20% off fees through a referral link.
Choose Pacifica if
- You mostly use market orders: 0.04% taker fee against 0.045% on GRVT.
- 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
Pacifica
PROS
- + Base perpetual fees of 0.015% maker and 0.04% taker, falling to 0% maker above 100 million dollars and 0.028% taker above 500 million dollars of 30-day volume
- + 77 perpetual markets in the API on October 4, 2026, including FX (EURUSD, USDJPY), commodities, US stocks, and SP500, with 50x leverage on BTC, ETH, EURUSD, and USDJPY
- + Wide order type set documented: market, limit, stop market, stop limit, TWAP from 1 minute to 24 hours, scale orders of up to 100 limit orders, OCO, and trailing stop
CONS
- − Restricted in the US, Canada, the UK, China, Russia, Ukraine, Cuba, Iran, Venezuela, Syria, North Korea, and the Philippines under the Terms of Use dated June 11, 2026, and VPN use to bypass the block is prohibited
- − The docs still describe a Closed Beta: account equity for deposits is capped at 500,000 dollars and withdrawals at 500,000 dollars per 24 hours
- − The docs publish one audit report (BlockSec, April 2025) and describe no insurance fund; losses beyond the backstop liquidator are covered by auto-deleveraging of profitable traders
Frequently Asked Questions
Is GRVT or Pacifica better?
GRVT has a higher rating (4.5 vs 3.6). Pacifica offers lower fees (0.04% vs 0.045%). Choose GRVT for its features, and Pacifica for lower fees.
What are the fees on GRVT vs Pacifica?
GRVT charges 0.045% taker / -0.0001% maker. Pacifica charges 0.04% taker / 0.015% maker for perpetuals.
Which has higher leverage, GRVT or Pacifica?
GRVT offers up to 50x, and Pacifica offers up to 50x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do GRVT and Pacifica require KYC?
GRVT does not require KYC. Pacifica does not require KYC. Both restrict some jurisdictions (GRVT lists 17; Pacifica lists 13), so check the terms of service for your country before depositing.
Is GRVT or Pacifica safer?
GRVT has been audited and runs an insurance fund, and custody is non-custodial. Pacifica has been audited and has no insurance fund on record here, 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 Pacifica?
GRVT recorded $481M in 24-hour volume and Pacifica recorded $297M, as of 2026-10-04. GRVT lists 184 perpetual markets and Pacifica lists 77.