EVEDEX Review 2026

HYBRID ☆ 3.9 Updated: 2026-10-04

About EVEDEX

EVEDEX is a hybrid perpetuals exchange that combines off-chain order matching with on-chain settlement on Eventum, its own Layer 3 blockchain built on Arbitrum Orbit and secured by Ethereum. The platform offers up to 200x leverage on BTC, ETH and SOL, a 0.045% taker fee and a 0.015% maker fee, no blockchain gas costs for trading, and self-custody of funds in smart contracts. Its 52 perpetual markets cover 39 crypto pairs, commodities (gold, silver, crude oil), stock perps (Tesla, Coinbase, Circle, MicroStrategy, SpaceX), an S&P 500 ETF perp, two forex pairs (EUR/USD, USD/JPY) and pre-IPO perps on Anthropic and OpenAI. EVEDEX was founded in 2024 and opened its Beta Mainnet in August 2025 after several testnet phases. It requires no KYC, accepts USDT collateral deposited through Arbitrum or Base or bridged from 60+ networks (6 USDT minimum deposit), and uses open-source deposit contracts with audits listed by HashEx and CertiK Skynet. Trading runs in cross margin only. An XP and level system returns part of trading fees as USDT cashback, and the platform also offers copy trading vaults, a points program tied to the planned EVE token, and an affiliate program that starts at 30% of referred users' trading fees.

KEY FACTS

CUSTODY: non-custodial
TAKER FEE: 0.045%
MAX LEVERAGE: 200x
NETWORKS: Arbitrum, Base, Eventum (Arbitrum Orbit L3)
KYC REQUIRED: No
FOUNDED: 2024

Fee Structure

MARKET	TAKER	MAKER
Perpetuals	0.045%	0.015%
Best Tier	0.0225%	0.0075%

Leverage & Margin

MAX LEVERAGE 200x

BTC LEVERAGE 200x

MARGIN MODES cross

Security

INSURANCE FUND Yes

PROOF OF RESERVES No

AUDITED Yes

Pros & Cons

PROS

+ No blockchain gas fees for trading: orders are matched off-chain and settled on the Eventum L3, and the minimum order value is 5 USDT
+ Up to 200x leverage on BTC, ETH and SOL perpetuals, with base fees of 0.045% taker and 0.015% maker on all 52 markets
+ Non-custodial: funds sit in user-controlled smart accounts and settle on-chain, and no KYC is required to trade
+ 52 perpetual markets beyond crypto: gold, silver and crude oil, 5 stock perps (Tesla, Coinbase, Circle, MicroStrategy, SpaceX), EUR/USD, USD/JPY, and pre-IPO perps on Anthropic and OpenAI
+ USDT cashback on every trade through the XP level system, advertised at up to 50% of fees, plus a 30% starting affiliate commission

CONS

− Perpetual futures only (52 pairs): spot is listed as coming soon and there are no options markets
− Only USDT is accepted as collateral and only cross margin is available; isolated margin is still described as planned in the docs
− TVL is about 3.7 million dollars on DeFiLlama, far below the largest perpetual DEXs, so large positions can face slippage
− Not available to residents of the US, Canada and sanctioned countries, and the Terms of Use prohibit using a VPN to bypass access controls

Frequently Asked Questions

Is EVEDEX safe?

EVEDEX is non-custodial: funds are held in user-controlled smart accounts instead of exchange hot wallets, and trades settle on-chain on an Arbitrum Orbit L3 secured by Ethereum. Its deposit contracts are open-source and audited, with HashEx and CertiK Skynet listed on the site, and an insurance fund backs liquidations. TVL is small, about 3.7 million dollars.

What are EVEDEX trading fees?

EVEDEX charges 0.045% for takers and 0.015% for makers on all perpetual markets, with no blockchain gas fees for trading. Fees are partly returned as USDT cashback through the level system and Prime subscription. The site advertises up to 50% back, while the docs fee table lists 35% at level 50, an effective 0.029% taker fee.

Does EVEDEX require KYC?

No, EVEDEX does not require KYC verification. Users start trading by connecting an EVM wallet or signing in with email or a social account. Residents of the US and Canada and persons under sanctions are prohibited, deposits pass automated AML checks, and the Terms of Use ban using a VPN to bypass access controls.

What leverage does EVEDEX offer?

EVEDEX offers up to 200x leverage on BTC, ETH and SOL perpetuals. XRP, gold, silver and crude oil go up to 100x, most altcoins and forex pairs up to 75x, stock perps up to 50x, and pre-IPO contracts up to 10x. Maximum leverage falls as position size grows. Only cross margin is available; isolated margin is planned.

What can I trade on EVEDEX?

EVEDEX lists 52 perpetual markets: 39 crypto pairs such as BTC, ETH, SOL, XRP and DOGE, plus gold, silver, crude oil, five stock perps including Tesla and Coinbase, an S&P 500 ETF perp, EUR/USD, USD/JPY, and pre-IPO perps on Anthropic and OpenAI. All contracts are USDT-margined. There are no spot or options markets.

What is the EVEDEX referral program?

EVEDEX runs an affiliate program that pays referrers a starting commission of 30% of the trading fees collected from users they refer, for the lifetime of those accounts. The rate rises with account level and Influencer skills, and a Prime subscription adds 5%. Every registered user can create up to 100 referral links.

What blockchain is EVEDEX built on?

EVEDEX is built on Eventum, its own Layer 3 blockchain powered by Arbitrum Orbit and secured by Ethereum. Orders are matched off-chain and settled on-chain, which removes gas fees for trading while funds stay in self-custody. Deposits are made in USDT through Arbitrum or Base, or bridged from more than 60 networks, with a 6 USDT minimum.

DATA SOURCES

Official documentation (docs.evedex.com): trading fees, contract specifications, cross margin, order types, affiliate program · EVEDEX Terms of Use (docs.evedex.com/legal/global) · EVEDEX instruments API (exchange-api.evedex.com/api/market/instrument) · EVEDEX website (evedex.com) and EVE token page · CoinGecko derivatives exchange API · DeFiLlama TVL API

By ExchangeCompare Research Team