Is Jupiter or Phoenix cheaper?

Jupiter has the lower taker fee (6 bps vs n/a). Funding rates also affect total cost, so check both before trading.

Which has higher leverage, Jupiter or Phoenix?

Jupiter offers more, up to 100x, versus 25x. Higher leverage means higher liquidation risk.

Which is bigger, Jupiter or Phoenix?

Jupiter has more listed 24h volume ($640M), which usually means deeper liquidity and less slippage.

Wiki › Jupiter vs Phoenix

Jupiter vs Phoenix: which perp DEX is better?

A side-by-side comparison of Jupiter and Phoenix on fees, leverage, volume, chain and token.

	Jupiter	Phoenix
24h volume	$640M	$45M
Maker fee	0 bps	n/a
Taker fee	6 bps	n/a
Max leverage	100x	25x
Model	AMM / Pool	Orderbook
Chain	Solana	Solana
Token	$JUP	No token
Assets	Crypto	Crypto, Commodities, Stocks

Trade Jupiter ↗Trade Phoenix ↗

Jupiter vs Phoenix: which should you choose?

If your priority is cost, Jupiter wins on taker fees (6 bps). For maximum leverage, Jupiter goes up to 100x. For depth and liquidity, Jupiter trades the most volume of the two.

Jupiter runs a amm / pool on Solana, while Phoenix runs a orderbook on Solana. Read the full profiles: Jupiter and Phoenix.

FAQ

Is Jupiter or Phoenix cheaper?: Jupiter has the lower taker fee (6 bps vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Jupiter or Phoenix?: Jupiter offers more, up to 100x, versus 25x. Higher leverage means higher liquidation risk.
Which is bigger, Jupiter or Phoenix?: Jupiter has more listed 24h volume ($640M), which usually means deeper liquidity and less slippage.

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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.