Aster vs Backpack Comparison

Aster
Aster
Winner
4.7of 5
Go to Aster
vs
Backpack
Backpack
2.9of 5
Go to Backpack
0% maker / 0.04% taker (USDT perps)Fees0.02% maker / 0.05% taker

Pros & Cons

Aster
Aster
Pros
  • 0% maker fee on perpetuals
  • Four chains — BNB Chain, Ethereum, Solana and Arbitrum — from one interface
  • Collateral can keep earning yield while positions stay open
  • Non-custodial with on-chain settlement
  • No KYC for on-chain trading
Cons
  • No EU authorisation
  • 1001x leverage marketing sets an unrealistic anchor
  • Liquidity thinner than the volume leaders in smaller markets
  • Tax reporting rests entirely with the user
Aster Reviews
Backpack
Backpack
Pros
  • MiCA authorisation for the European entity, passported across the EU
  • Perpetuals for EU clients through an entity under MiFID II supervision
  • A named European supervisory counterparty
  • Clean, approachable interface
  • 200+ markets in the global offering
Cons
  • EU clients limited to roughly 40 pairs and 10x leverage
  • Fees above the fee-free competitors
  • Not a pure DEX — execution runs on operator-run order-book infrastructure
  • Account with identity verification required
Backpack Reviews

Score Comparison

4.6Usability4.6
4.7Features4.0
4.8Fees4.2
4.3Stability4.2
3.6Support4.0

Features

Aster
AsterHighlights
  • Maker fee at 0% since February 2026
  • Four chains in one trading interface
  • Yield-bearing collateral
  • CEX-grade order-book experience
Backpack
BackpackHighlights
  • One of the few perpetual venues with EU authorisation
  • MiCA CASP since May 2026
  • Perpetuals for EU clients since September 2025
  • Solana-native infrastructure

Details

AsterBackpack
Aster (merger of Astherus & APX Finance)CompanyBackpack Exchange (Coral)
SeychellesHeadquartersUnited Arab Emirates