ApeX Protocol vs MetaMask Comparison
| 0.02% maker / 0.05% taker | Fees | Depends on integrated perp provider (avg 0.02–0.06%) |
ApeX Protocol
vs
MetaMaskWinner
Pros & Cons
Pros
- No gas costs for users
- Perpetuals on equities, commodities and prediction markets too
- Around 90 crypto perpetuals, up to 100x leverage on BTC and ETH
- Operating since 2022 with no known loss of user funds
- Well-known backers
Cons
- Considerably lower volume than the market leaders
- Thinner order books in secondary markets
- No EU authorisation
- Support runs through community channels
Pros
- Perpetual trading without leaving the MetaMask wallet
- Execution through the Hyperliquid order book
- Fee openly disclosed, no hidden spread
- One-click funding from various EVM chains
- Self-custody, no KYC
Cons
- 0.1% builder fee on top of the executing order book's own fee
- Trading directly on Hyperliquid is noticeably cheaper
- No EU authorisation
- Blocked in several countries including the US and the UK
Score Comparison
4.4Usability4.4
4.1Features4.0
4.3Fees3.8
4.2Stability4.5
3.5Support3.6
Features
- No gas costs
- Crypto, equity and commodity perpetuals in one interface
- Operating since 2022 without a known security incident
- Up to 100x leverage on the main markets
- Out of beta since April 2026
- One-click funding from any EVM chain
- Transparently disclosed additional fee
- Leverage up to 50x
Details
ApeX ProtocolMetaMask
| ApeX Protocol (by Bybit) | Company | Consensys + integrated partners |
| Singapore | Headquarters | United States |