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Lighter vs ApeX Protocol: which perp DEX is better?

A side-by-side comparison of Lighter and ApeX Protocol on fees, leverage, volume, chain and token.

LighterApeX Protocol
24h volume$1.00B$1.30B
Maker fee0 bps2 bps
Taker fee2 bps5 bps
Max leverage50x100x
ModelOrderbookOrderbook
Chainzk rollup (Ethereum L2)Multichain (zkLink)
Token$LIT$APEX
AssetsCryptoCrypto

Lighter vs ApeX Protocol: which should you choose?

If your priority is cost, Lighter wins on taker fees (2 bps). For maximum leverage, ApeX Protocol goes up to 100x. For depth and liquidity, ApeX Protocol trades the most volume of the two.

Lighter runs a orderbook on zk rollup (Ethereum L2), while ApeX Protocol runs a orderbook on Multichain (zkLink). Read the full profiles: Lighter and ApeX Protocol.

FAQ

Is Lighter or ApeX Protocol cheaper?
Lighter has the lower taker fee (2 bps vs 5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Lighter or ApeX Protocol?
ApeX Protocol offers more, up to 100x, versus 50x. Higher leverage means higher liquidation risk.
Which is bigger, Lighter or ApeX Protocol?
ApeX Protocol has more listed 24h volume ($1.30B), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.