Jupiter vs Vertex Protocol Comparison
| 4-7 bps position open/close | Fees | 0.02% maker / 0.05% taker |
JupiterWinner
vs
Vertex Protocol
Pros & Cons
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
Pros
- Cross-margin across spot and perpetual positions
- Competitive fees of roughly 0.02% maker / 0.05% taker
- Migration onto a Kraken-incubated layer 2
- Product direction retained according to the provider
Cons
- Existing network deployments are being deprecated
- The VRTX token is being wound down
- Migration not complete at the time of review
- Considerably lower liquidity than the market leaders
- No EU authorisation
Score Comparison
4.6Usability3.9
3.9Features3.6
4.0Fees4.0
4.3Stability3.0
3.5Support3.2
Features
- 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
- Rebuild onto the Ink layer 2 underway
- Cross-margin model
- Existing EVM deployments deprecated
- Token wind-down announced
Details
JupiterVertex Protocol
| Jupiter Exchange | Company | Vertex Protocol |
| Singapore | Headquarters | USA |