This guide explains market limits and approximate liquidation distances. The maximum leverage table ranks recorded venue limits.
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DESK and Gains Network's gTrade each list up to 1000x on selected markets. Ostium reaches 200x on select forex, gold, and index markets. Jupiter Perps reaches 250x on SOL, ETH, and wBTC. dYdX currently reaches 50x on BTC and ETH. Hyperliquid currently caps BTC at 40x and ETH at 25x. MEXC lists up to 500x on BTC. WEEX lists up to 400x. HTX and Toobit list caps up to 200x. These venue limits apply only to selected markets. Liquidation distance becomes very small at high leverage.
Key takeaways
- Current venue limits include 1000x at DESK and gTrade, 250x at Jupiter, and 200x at Ostium. dYdX currently reaches 50x.
- Each venue sets leverage by market and position size. BTC and ETH often have higher caps than smaller markets.
- At 100x, a 1% adverse move produces a loss equal to initial margin in a simplified calculation. At 1000x, the equivalent move is 0.1%. Actual liquidation also depends on maintenance margin, fees, and funding.
- gTrade limits its 1000x tier to selected forex markets.
- MEXC lists up to 500x on BTC. WEEX lists up to 400x. HTX and Toobit list up to 200x.
| Venue | Max leverage |
|---|---|
| DESKDEX | 1000x |
| Gains NetworkDEX | 1000x |
| MEXCCEX | 500x |
| WEEXCEX | 400x |
| Jupiter PerpsDEX | 250x |
| AsterDEX | 200x |
| Gate.ioCEX | 200x |
| HTXCEX | 200x |
| BitmartCEX | 200x |
| BitunixCEX | 200x |
| ToobitCEX | 200x |
| OstiumDEX | 200x |
Highest tier on the venue's largest markets. PerpFinder bundled data.
The DEX leverage ranking
DESK lists up to 1000x with a 0.0175% taker fee and a maker rebate. gTrade also reaches 1000x on selected forex pairs. Its crypto markets cap far lower, with pair-specific opening and closing fees. Ostium offers 200x on select forex, gold, and index perps. It charges 0.03% to 0.05% when a trader opens. It has no base closing fee. Oracle service, spread, and rollover costs can also apply.
Compare the margin behind the same exposure
The 100x tier includes GMX, ApeX Omni, Aster, MYX, and Avantis on selected markets. Jupiter Perps currently reaches 250x on SOL, ETH, and wBTC. dYdX currently reaches 50x on BTC and ETH. Hyperliquid currently stops at 40x on BTC and 25x on ETH, with lower caps and position limits on smaller markets. Those parameters are market-specific and can change, so verify the selected market rather than relying on a venue-wide headline.
The fine print on headline leverage
Per-asset caps do the real work. Each venue sets caps by asset and position size. The 1000x gTrade tier applies to selected forex markets. Position-size limits bind too: the higher the multiple, the smaller the max size, because the venue is guarding its own tail risk. The venues in this guide do not list 1000x on a meme coin.
A high limit does not establish how much a market can move. Check the selected contract and position-size tier before using a leverage limit.
Liquidation math at high multiples
In a simplified calculation, an adverse price move of 1 divided by leverage produces a loss equal to the initial margin. The following figures exclude maintenance margin, fees, and funding. They are not liquidation thresholds:
Liquidation starts before equity reaches zero
The dashed marker shows the threshold. A stop order and a liquidation process can use different trigger prices.
- 10x: about a 10% adverse move
- 25x: about 4%
- 100x: about 1%
- 200x: about 0.5%
- 1000x: about 0.1%
Actual liquidation depends on maintenance margin, fees, funding, the margin mode, and venue rules. For example, Hyperliquid liquidation rules use account equity and maintenance margin.
The liquidation guide explains margin and exit risks. The position calculator shows a simplified estimate. Check the venue's maintenance-margin rules and displayed liquidation price.
How CEX leverage compares
MEXC lists up to 500x on BTC. WEEX lists up to 400x. HTX and Toobit list up to 200x. Binance, Bybit, Bitget, BingX, and BloFin list 150x. OKX tops out at 100x on BTC. Same fine print applies: those numbers are for BTC on the smallest position tier, and margin requirements step up quickly with position size. Compare custody, KYC, fees, and asset-specific leverage caps.
Which perp DEX has the highest leverage?
DESK and gTrade list up to 1000x.
Jupiter lists up to 250x on SOL, ETH, and wBTC. Ostium reaches 200x on selected markets. dYdX currently reaches 50x.
Is 1000x leverage real?
Some venues list 1000x on selected markets, subject to position-size limits.
In a simplified calculation, a 0.1% adverse move produces a loss equal to initial margin. Actual liquidation depends on maintenance margin, fees, funding, and venue rules.
What is Hyperliquid's current maximum leverage?
The cap is market-specific: BTC currently reaches 40x, ETH 25x, and smaller markets are lower.
Position tiers and risk parameters can change, so verify the selected market; the background is in our Hyperliquid safety review.
Is high leverage cheaper on a DEX or a CEX?
Fee models differ.
Ostium charges an opening fee but no base closing fee. DESK uses maker and taker rates. Trading fees and funding can both scale with notional value. Compare the rates and holding period with the funding rates tool.
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