$TRX

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Total Engagement - Comments: 0, Retweets: 5, Likes: 23, Impressions: 2105

Verbatim Community Citations & Social Evidence 1 source posts analyzed

@reddit

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Live source measuring actual all-in cost (fee + spread + impact) on perp DEXes? Been comparing perp DEXes to move some size and getting tired of every article that quotes taker fees like Lighter 0 bps or Hyperliquid 4.5 bps but skips the half-spread and impact you actually pay on a market order. At $1k the fee dominates, at $100k impact flips the ranking, at $1M the deepest book wins regardless of the schedule. Found one that does it live: openchainbench.com/benchmarks/perp-fees , measures all-in bps every 5 min across Hyperliquid, Lighter, dYdX, GMX, Paradex, Extended, gains, Aster, edgeX at three sizes. Distinguishes orderbook venues from oracle-priced ones which matters because the spread math is different.

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