Venue comparisons
Five perp venues, compared from the same ticket
Two live tables read the venue APIs on every visit. The pairwise pages cover what the tables cannot: fees, listings, settlement, custody and where each venue is the wrong tool.
Live tables
Numbers that move between crawls
- Live cross-venue fundingPerp funding rates right now, across venuesLive hourly and annualized perp funding rates for BTC, ETH, SOL, XRP and DOGE on Hyperliquid, Lighter and AsterDex, read from each venue API.Open the table
- Live venue comparisonPerp DEX comparison, read liveLive market counts, open interest and 24h volume for Hyperliquid, Lighter, AsterDex, GMX and Ostium, read from the venue APIs and timestamped.Open the table
Pairwise comparisons
One venue against another, on the details that decide it
- /hyperliquid-vs-lighterHyperliquid vs Lighter, read from both APIsHyperliquid lists 178 live perps with 40x on BTC. Lighter runs 226 zero-fee books including equity perps. Figures read from both APIs in September 2026.Read the comparison
- /hyperliquid-vs-ostiumHyperliquid vs Ostium: these two are not substitutesHyperliquid is a crypto perp order book on its own L1. Ostium is perps on gold, oil, indices and FX. Complements, not substitutes, in one app.Read the comparison
- /hyperliquid-vs-gmxHyperliquid vs GMX: an order book against an oracle and a poolHyperliquid matches orders in a book on its own L1. GMX prices trades from oracles against pools on Arbitrum and Avalanche. Read in September 2026.Read the comparison
- /hyperliquid-vs-asterdexHyperliquid vs AsterDex: 233 markets against 556, and what that hidesOur gateway routes 233 Hyperliquid markets and 556 AsterDex ones. Breadth is not depth. Counts read in September 2026.Read the comparison
- /lighter-vs-ostiumLighter vs Ostium: a zero-fee book against oracle-priced real-world perpsLighter reports zero maker and taker on all 226 active books. Ostium prices gold, indices and FX from oracles. Read in September 2026.Read the comparison
- /lighter-vs-asterdexLighter vs AsterDex: zero fees on one book, a much longer list on the otherLighter's API reports zero fees on all 226 active books. AsterDex lists 570 trading perps and charges a schedule. Read in September 2026.Read the comparison
- /gmx-vs-ostiumGMX vs Ostium: the same machine pointed at different assetsBoth are oracle-priced pool perps on Arbitrum sized in USD notional. GMX lists 110 mostly crypto markets, Ostium real-world ones. Read in September 2026.Read the comparison
- /hyperliquid-alternativesHyperliquid alternatives, and the one reason to use eachLighter, AsterDex, GMX and Ostium, and the one reason to use each instead of Hyperliquid. Counts read from their APIs in September 2026.Read the comparison
- /trade-hyperliquid-lighter-ostium-one-appOne app for Hyperliquid, Lighter and OstiumOne self-custodial app that routes perp orders to Hyperliquid, Lighter, AsterDex, GMX and Ostium, with one wallet and one portfolio.Read the comparison
Every venue. One app.
Trade whichever venue wins the comparison
The same self-custodial ticket routes to Hyperliquid, Lighter, AsterDex, GMX and Ostium. Practice with a free paper account first.