Drift Alternatives
12 perpetual DEX alternatives ranked — updated 2026-07-04
Rated 4.8/5. Hyperliquid is a non-custodial DEX on its own L1 offering onchain CLOB perpetuals and spot trading with up to 40x leverage.
40x leverage · 0.045% taker · No KYC
Rated 4.5/5. GMX is a decentralized perpetual and spot exchange offering up to 100x leverage with oracle-based pricing across eight blockchain networks.
100x leverage · 0.06% taker · No KYC
Rated 4.5/5. GRVT is a regulated, self-custodial hybrid exchange on ZKsync offering crypto and RWA perpetuals up to 50x leverage with negative maker fees and optional KYC.
50x leverage · 0.045% taker · No KYC
Rated 4.3/5. dYdX is a decentralized derivatives exchange on its own Cosmos appchain offering over 110 perpetual markets with up to 50x leverage on BTC and ETH, plus new Solana spot trading.
50x leverage · 0.05% taker · No KYC
Rated 4.3/5. edgeX is a non-custodial ZK-rollup perpetual DEX offering 100x leverage, up to 200,000 orders/sec throughput, and fees starting at 0.012% maker.
100x leverage · 0.038% taker · No KYC
Rated 4.2/5. Aevo is a non-custodial L2 DEX offering perpetuals and options with up to 20x leverage, powered by an off-chain orderbook with on-chain settlement.
20x leverage · 0.08% taker · No KYC
Rated 3.9/5. EVEDEX is a hybrid perpetuals exchange on Arbitrum Orbit L3 offering 100x leverage, zero gas fees, crypto plus RWA and stock perps, and self-custody trading.
100x leverage · 0.045% taker · No KYC
Frequently Asked Questions
What is the best alternative to Drift?
The highest-rated alternative to Drift is Hyperliquid (4.8/5), a DEX with up to 40x leverage and a 0.045% taker fee. Rated 4.8/5. Hyperliquid is a non-custodial DEX on its own L1 offering onchain CLOB perpetuals and spot trading with up to 40x leverage.
Why look for a Drift alternative?
Traders compare Drift alternatives for lower fees, higher leverage, different collateral or chains, KYC vs no-KYC access, or geo-restrictions. All 12 alternatives here are live perpetual DEXs, ranked on the same up-to-date data as our Drift review.
Are these Drift alternatives no-KYC?
Most are. 12 of the 12 alternatives let you trade by connecting a wallet with no identity verification. Check each card — hybrid exchanges may require KYC.