Aster vs GMX Comparison

Aster
Aster
Winner
4.7of 5
Go to Aster
vs
GMX
GMX
4.2of 5
Go to GMX
0% maker / 0.04% taker (USDT perps)Fees0.04% maker / 0.06% taker (V2)

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
GMX
GMX
Pros
  • Trading against a liquidity pool — no order-book slippage
  • Oracle-based pricing
  • 100+ perpetual contracts at up to 100x leverage
  • Live on several chains, centred on Arbitrum
  • Long operating history in DeFi
Cons
  • More expensive than fee-free order-book competitors
  • Ongoing funding costs weigh on longer holding periods
  • Dependence on oracle pricing as a structural risk factor
  • No EU authorisation
GMX Reviews

Score Comparison

4.6Usability4.3
4.7Features4.0
4.8Fees3.8
4.3Stability4.4
3.6Support3.5

Features

Aster
AsterHighlights
  • Maker fee at 0% since February 2026
  • Four chains in one trading interface
  • Yield-bearing collateral
  • CEX-grade order-book experience
GMX
GMXHighlights
  • Pool-based model instead of an order book
  • No conventional slippage
  • Leverage up to 100x
  • Established protocol on Arbitrum

Details

AsterGMX
Aster (merger of Astherus & APX Finance)CompanyGMX Protocol
SeychellesHeadquartersDecentralised, no registered office
Aster ReviewsGMX Reviews