perps.info
Rankings
Markets
Funding
Airdrops
News
Compare
Academy
Home
/
Compare
/
Lighter vs GMX v2
Lighter vs GMX v2
Side-by-side comparison of two perpetual futures exchanges — updated in real time.
Metric
Lighter
GMX v2
Chain
Ethereum L2
Arbitrum
Type
Orderbook
Oracle
24h Volume
$2.54B
$236M
Open Interest
$797M
$80.2M
Maker Fee
0.00%
0.040%
Taker Fee
0.00%
0.060%
Max Leverage
20×
100×
Markets
153
113
Collateral
USDC
USDC, USDT, ETH, BTC
Funding Interval
1h
1h
Airdrop Status
$LIT
$GMX
Lighter — Pros & Cons
Pros
Zero gas fees
Fully on-chain orderbook
Fast settlement
Cons
Fewer markets than competitors
Newer ecosystem
Limited collateral options
GMX v2 — Pros & Cons
Pros
Battle-tested protocol
Deep Arbitrum ecosystem
Isolated market pools reduce risk
Cons
Oracle dependency
Higher fees than orderbook DEXs
Complex LP mechanics
Trade on Lighter →
Trade on GMX v2 →
More Comparisons
Lighter vs Hyperliquid
Lighter vs Aster
Lighter vs edgeX
Lighter vs Jupiter Perps
Lighter vs dYdX
Lighter vs Drift
