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Alternatives · Centralized exchange
Phemexphemex.com · centralized exchange

Best Phemex Alternatives

Alternatives · Centralized exchangephemex.com · centralized exchange KIND Centralized exchange CUSTODY Custodial FOUNDED 2019 Sign-up KYC required Custodial Taker fee 0.1% Max leverage 100x Headquarters Singapore

Traders leave Phemex for different reasons: custody, KYC requirements, fees, or market coverage.

Phemex at a glance
›
Sign-upKYC required Custodial
Taker fee0.1%
Max leverage100x
HeadquartersSingapore
Compare the alternatives
Custody · account · cost

The alternatives, one table

Venue
Sign-up
Taker
Max leverage
Asset classes
Network
Browser Wallet Non-custodial
0.07%
up to 30x
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO
Canton
Browser Wallet Non-custodial
0.04%
200x
Crypto · Stocks · Gold & commodities
BNB Chain
Browser Wallet Non-custodial
0%
50x
Crypto · Stocks · Gold & commodities · Indices
Arbitrum
Browser Wallet Non-custodial
0.045%
50x
Crypto · Gold & commodities · Indices · FX
Hyperliquid L1
Browser Wallet Non-custodial
0.025%
100x
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO · FX
Starknet
Browser Wallet Non-custodial
0.0001%
100x
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO · FX
Injective
PhemexPhemex
KYC required Custodial
0.1%
100x
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Ranks 01–03 · in detail

The leaders, with the drawbacks stated

01
Canborsa
Canton 0.07% per side up to 30x 86 markets Browser Wallet Non-custodial

Stocks, gold, pre-IPO names, crypto and indices in one account.

Sign up ›
02
Aster
BNB Chain TAKER MAX LEV MARKETS

Aster lists 563 perp markets on BNB Chain.

Full review
03
Variational
Arbitrum TAKER MAX LEV MARKETS

Variational lists 559 perp markets on Arbitrum.

Full review
PHEMEX

What custody actually changes

Keys
Custodial: the venue's. Self-custody: yours.
Counterparty
Custodial: the company. Self-custody: the contracts.
Access
An account can be restricted; a signature cannot.
Instrument
Spot is ownership. Everything here is a perpetual.

What custody actually changes

PHEMEXWhat custody actually changes
KeysCustodial: the venue's. Self-custody: yours.
CounterpartyCustodial: the company. Self-custody: the contracts.
AccessAn account can be restricted; a signature cannot.
InstrumentSpot is ownership. Everything here is a perpetual.

Frequently asked questions

What are Phemex's trading fees?›

Phemex's fees are 0.1% for makers and 0.1% for takers.

How much leverage does Phemex offer?›

The maximum leverage on Phemex is 100x.

Does Phemex require KYC?›

Phemex requires KYC verification to use the platform.

What countries are restricted from using Phemex?›

Phemex is not available in United States.

How do Phemex's fees compare to Canborsa?›

Phemex charges 0.1% taker; Canborsa charges a flat 0.07% per side (0.14% round trip).

More perp DEX alternatives

More alternatives rankings

Alternatives rankings for other perp DEXes.

Canborsaperp dex · canton›
0.07%taker0.07%maker0.14%round-trip
Max leverage up to 30xBrowser WalletNon-custodial
Bitfinex alternativesexchange · ranking›
0%taker0%maker0%round-trip
Max leverage 100x
Bitget alternativesexchange · ranking›
0.1%taker0.1%maker0.2%round-trip
Max leverage 150x
BingX alternativesexchange · ranking›
0.1%taker0.1%maker0.2%round-trip
Max leverage 150x
BitMart alternativesexchange · ranking›
0.06%taker0.02%maker0.12%round-trip
Max leverage 5x
Binance alternativesexchange · ranking›
0.1%taker0.1%maker0.2%round-trip
Max leverage 125x
Bitstamp alternativesexchange · ranking›
0.4%taker0.3%maker0.8%round-trip
Max leverage 10x
XT.com alternativesexchange · ranking›
0.06%taker0.02%maker0.12%round-trip
Max leverage 125x
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CANBORSA · LIVE ON CANTON

Trade on Canborsa

86markets0.07% per side
86 markets · 0.07% per side
Canborsa

Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.

Markets
Crypto perpetualsStock perpetualsGold & commoditiesIndex perpetualsAll markets ›
Companies
SpaceXOpenAIAnthropicStripeAll companies ›
Compare
Perp feesFunding ratesNo-KYC platformsCanborsa vs AvantisCanborsa vs OstiumAll comparisons ›
Learn
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