GMX vs Jupiter Comparison
| 0.04% maker / 0.06% taker (V2) | Fees | 4-7 bps position open/close |
GMXWinner
vs
Jupiter
Pros & Cons
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
Pros
- Near-zero network fees on Solana
- Very fast execution
- Embedded in Solana's largest trading ecosystem
- Pool model without order-book slippage
- Liquidity provision through JLP with a share of fees
Cons
- Narrow market list — essentially the major pairs
- Funding costs on open positions
- Very high leverage tiers on individual pairs raise liquidation risk
- No EU authorisation
Score Comparison
4.3Usability4.6
4.0Features3.9
3.8Fees4.0
4.4Stability4.3
3.5Support3.5
Features
- Pool-based model instead of an order book
- No conventional slippage
- Leverage up to 100x
- Established protocol on Arbitrum
- Network fees at a fraction of a cent
- JLP pool at billion-dollar scale
- Part of the Solana trading ecosystem
- Fee share for liquidity providers
Details
GMXJupiter
| GMX Protocol | Company | Jupiter Exchange |
| Decentralised, no registered office | Headquarters | Singapore |