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Lighter vs Gains Network: which perp DEX is better?

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

LighterGains Network
24h volume$1.00Bn/a
Maker fee0 bpsn/a
Taker fee2 bpsn/a
Max leverage50x150x
ModelOrderbookPool
Chainzk rollup (Ethereum L2)Arbitrum, Base, Polygon
Token$LIT$GNS
AssetsCryptoCrypto, Forex, Stocks, Commodities

Lighter vs Gains Network: which should you choose?

If your priority is cost, Lighter wins on taker fees (2 bps). For maximum leverage, Gains Network goes up to 150x. For depth and liquidity, Lighter trades the most volume of the two.

Lighter runs a orderbook on zk rollup (Ethereum L2), while Gains Network runs a pool on Arbitrum, Base, Polygon. Read the full profiles: Lighter and Gains Network.

FAQ

Is Lighter or Gains Network cheaper?
Lighter has the lower taker fee (2 bps vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Lighter or Gains Network?
Gains Network offers more, up to 150x, versus 50x. Higher leverage means higher liquidation risk.
Which is bigger, Lighter or Gains Network?
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.