Side-by-side comparison of two perpetual futures exchanges — updated in real time.
Lighter and Jupiter Perps both offer zero maker fees, but they operate on entirely different chains and models. Lighter runs a fee-free orderbook on Ethereum L2, while Jupiter uses oracle pricing on Solana.
Lighter's fully on-chain orderbook on a custom Ethereum L2 charges zero fees for both makers and takers — the only major perp DEX to eliminate trading costs entirely. It lists 153 markets with up to 20x leverage. Jupiter Perps on Solana charges zero maker fees but a 0.06% taker fee, lists 10 major pairs, and offers up to 100x leverage. For taker-heavy traders, Lighter's zero taker fee is a massive advantage over Jupiter's 0.06%. However, Jupiter offers 5x higher leverage and, despite having far fewer markets, concentrates liquidity on the most popular pairs like BTC, ETH, and SOL through its JLP pool, ensuring deep liquidity for those assets. Jupiter's integration with Solana's largest aggregator provides a massive user funnel. Both accept USDC; Jupiter also accepts SOL. Lighter's LIT token (50% community) launched December 2025, while Jupiter's JUP token (40% community) has been live since January 2024 and benefits from the broader Jupiter ecosystem.
Choose Lighter if zero trading fees on all orders are your priority and 20x leverage is sufficient. Choose Jupiter Perps for higher leverage (100x), deep liquidity on major pairs, and seamless access to Solana's aggregator ecosystem.
