GMX vs Drift: Current Venue and Historical Record
GMX is active. Drift has been offline since April 2026. This page separates current GMX facts from the historical Drift record.
Verdict: GMX is active and Drift is offline. This page does not assign a current fee or product winner against an unavailable venue. Full verdict ↓
Written by PerpFinder Research, Editorial Team — Last reviewed 2026-02-01
| Metric | GMX | Drift Protocol |
|---|---|---|
| Volume 24h (live) | — | — |
| Max Leverage | 100x | 20x |
| Maker Fee | — | -0.003% |
| Taker Fee | Position model | 0.035% |
| Trading Pairs | 30+ | 40+ |
| Rating (how we rank) | 8.5/10 | 3.5/10 |
| Chains | Arbitrum, Avalanche | Solana |
✓ = better on that metric — no single venue is “best” at everything. Live rows: DEX volume/OI from our cached market feed, CEX volume from the latest daily snapshot; fees/leverage from verified registries.
Feature Comparison
Status updated August 11, 2026. Drift remains offline after its April 2026 exploit. Its old fees, markets, products, and referral terms are not current.
What this page compares
GMX is an active venue. It uses an oracle reference and isolated GM pools. Net price impact can apply.
The current fees for GMX are 0.04% or 0.06% for each open or close. Other variable costs are separate. Its current trade model is Oracle reference and isolated GM pools. Net price impact can apply.
Drift used a decentralized limit order book (DLOB). It also used a virtual automated market maker (vAMM) as a backstop. Both records are historical. The base taker fee was 0.035%. The maker rebate was -0.0025%. These old rates cannot rank Drift by current cost.
Access and risk
Do not deposit through an old Drift link. See the active perpetual venue list for current fees, depth, access, and market limits. PerpFinder must review any future Velocity launch. Only then can it mark the venue as active.
GMX vs Drift Protocol FAQ
Which offers higher leverage — GMX or Drift Protocol?+
GMX: Up to 100x on supported markets. Each market has its own limit.. Drift Protocol: Historical: up to 20x. Drift is offline..
Which has more markets, GMX or Drift Protocol?+
GMX: 30 current perpetual markets in the protocol record.. Drift Protocol: Historical: more than 40. No markets are live..
GMX or Drift Protocol — which is better overall?+
GMX is active and Drift is offline. This page does not assign a current fee or product winner against an unavailable venue. Use Drift values only as historical context.
Verdict
GMX is active and Drift is offline. This page does not assign a current fee or product winner against an unavailable venue. Use Drift values only as historical context.