| FEATURE | VELOCITY | STANDX |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.06% | 0.04% |
| Maker Fee | -0.0025% | 0.01% |
| Max Leverage | 20x | 40x |
| Perp Pairs | 4 | 13 |
| Spot Trading | No | No |
| KYC Required | No | No |
| Rating | 2.5 | 3.5 |
Velocity vs StandX: key differences
Velocity is still in recovery after a security incident. Read the status notice in the Velocity review before depositing.
Opening and closing a $10,000 position with market orders costs $8.00 on StandX and $12.00 on Velocity at base-tier taker fees, a difference of $4.00 per round trip.
For limit orders, Velocity pays makers a 0.0025% rebate, while StandX charges makers 0.01%.
StandX allows up to 40x leverage against 20x on Velocity. The headline figure usually applies to a few markets only, so check the limit on the pair you trade.
StandX lists 13 perpetual markets, Velocity lists 4.
Neither exchange requires KYC: both are used by connecting a wallet.
Margin is posted in USDT, SOL, wBTC, wETH on Velocity and in DUSD on StandX.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| Velocity | StandX | |
|---|---|---|
| Taker round trip on $10,000 | $12.00 | $8.00 |
| Maker round trip on $10,000 | $0.50 rebate | $2.00 |
| Best-tier taker fee | 0.02% | 0.04% |
| BTC max leverage | 20x | 40x |
| Margin modes | cross-margin | cross, isolated |
| 24h volume | — | $322M |
| TVL | $343M | $26M |
| Custody | non-custodial | hybrid |
| Collateral | USDT, SOL, wBTC, wETH | DUSD |
| Deposit networks | Solana | BNB Chain, Solana |
| Minimum order | — | — |
| Order types | 11 | 7 |
| Options | No | No |
| Mobile app | Yes | No |
| Testnet or demo | No | No |
| Vaults or copy trading | No | No |
| Insurance fund | Yes | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | — | 35 |
| Founded | 2021 | 2024 |
Choose Velocity if
- You have read its recovery status first: users affected by the earlier incident have not been made whole.
- You place limit orders: makers earn a 0.0025% rebate.
- You trade from a phone: Velocity has a mobile app.
- You want to post margin in more than one asset.
- You want a sign-up discount: 5% off fees through a referral link.
Choose StandX if
- You mostly use market orders: 0.04% taker fee against 0.06% on Velocity.
- You want higher leverage: up to 40x against 20x.
- You trade smaller or newer markets: 13 perpetual pairs against 4.
Velocity
PROS
- + Trading is open again: the public beta has been available to all users since September 21, 2026, with BTC, ETH and SOL perpetuals at up to 20x leverage and HYPE at up to 10x
- + Makers receive a 0.0025% rebate on post-only orders at every volume tier, and the taker fee falls from 0.06% to 0.02% above 200 million dollars in 30-day volume
- + One cross-margin account accepts USDT, SOL, wBTC and wETH as collateral, and deposits earn lending interest while they back positions
CONS
- − About 286 million dollars was stolen on April 1, 2026 through compromised administrator keys, and verified user losses are about 295.4 million dollars
- − Affected users have recovered about 1 percent so far: each DFX recovery token redeemed for about 0.0104 USDT from a 3.11 million USDT pool in early October 2026
- − The relaunched exchange lists four perpetual markets, down from more than 40 before the exploit, and spot order book trading was removed
StandX
PROS
- + Flat fees of 0.01% maker and 0.04% taker on all 13 markets, confirmed by both the StandX fee page and the public API
- + Margin is held in DUSD, which earns yield from staking and funding payments while it sits in the Perps Wallet, with no staking step
- + Up to 40x leverage on BTC, ETH, gold (XAU), silver (XAG), and crude oil (CL), with cross and isolated margin modes
CONS
- − Only 13 perpetual markets as of October 4, 2026, and no spot trading
- − DUSD is the only collateral, and redeeming it for USDT or USDC through StandX has a 7-day lock and a protocol fee; the faster exit is a swap on PancakeSwap or Raydium at the market price
- − 24-hour volume of about 322 million dollars against open interest of about 44 million dollars (CoinGecko, October 4, 2026) is a ratio above 7 to 1 while a points program rewards trading, and the StandX docs still cite roughly 700 million dollars of daily volume
Frequently Asked Questions
Is Velocity or StandX better?
StandX has a higher rating (3.5 vs 2.5). StandX offers lower fees (0.04% vs 0.06%). Choose Velocity for its features, and StandX for lower fees.
What are the fees on Velocity vs StandX?
Velocity charges 0.06% taker / -0.0025% maker. StandX charges 0.04% taker / 0.01% maker for perpetuals.
Which has higher leverage, Velocity or StandX?
Velocity offers up to 20x, and StandX offers up to 40x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do Velocity and StandX require KYC?
Velocity does not require KYC. StandX does not require KYC. Both restrict some jurisdictions (Velocity publishes no list we could verify; StandX lists 35), so check the terms of service for your country before depositing.
Is Velocity or StandX safer?
Velocity has been audited and runs an insurance fund, and custody is non-custodial. StandX has been audited and runs an insurance fund, and custody is hybrid. Neither audits nor insurance funds remove smart contract risk, so size deposits accordingly.