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Lighter vs Bluefin: which perp DEX is better?

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

LighterBluefin
24h volume$1.00B$120M
Maker fee0 bps0.5 bps
Taker fee2 bps4.5 bps
Max leverage50x50x
ModelOrderbookOrderbook
Chainzk rollup (Ethereum L2)Sui
Token$LIT$BLUE
AssetsCryptoCrypto

Lighter vs Bluefin: which should you choose?

If your priority is cost, Lighter wins on taker fees (2 bps). For maximum leverage, Lighter goes up to 50x. For depth and liquidity, Lighter trades the most volume of the two.

Lighter runs a orderbook on zk rollup (Ethereum L2), while Bluefin runs a orderbook on Sui. Read the full profiles: Lighter and Bluefin.

FAQ

Is Lighter or Bluefin cheaper?
Lighter has the lower taker fee (2 bps vs 4.5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Lighter or Bluefin?
Lighter offers more, up to 50x, versus 50x. Higher leverage means higher liquidation risk.
Which is bigger, Lighter or Bluefin?
Lighter has more listed 24h volume ($1.00B), 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.