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Perp DEX review · Flare · 50x
SparkDEXSparkDEXsparkdex.ai · perp DEX

SparkDEX review: fees, leverage and markets

Flare Browser Wallet Non-custodial Crypto

SparkDEX runs on Flare and lets traders stake its SPRK token for fee discounts of up to 20 percent.

On this pageKey numbersWhat is SparkDEXPros & consvs CanborsaFAQ
SPARKDEX · FLARELive
SparkDEXSparkDEXPerp DEX · Crypto
Max leverage
50x
Sign-up
Browser Wallet Non-custodial
Funding interval1h
Maker / taker— / —
Compare vs Canborsa ›

SparkDEX quotes leverage up to 50x on Flare. The venue publishes no single maker/taker rate; the per-line schedule is on the fees page.

SparkDEX fees · at a glance
50x
top marketMax leverage
Markets listed
perp markets
Taker fee
maker —
Wallet
non-custodialSign-up
SPARKDEX
Platform facts · at a glance
SparkDEX — key factsSparkDEX — key facts
Website
sparkdex.ai
Chain
Flare
Funding
1h
Status
Live

SparkDEX — the key numbers

SparkDEXSparkDEXLivePerp DEX · Flare
Max leverage50x
ChainFlare
Sign-up Browser Wallet Non-custodial
Funding interval1h
Fee modelTiered
Native tokenSPRK
How the venue works

What is SparkDEX?

SparkDEX is a perpetual futures exchange running on the Flare chain. It lists crypto perpetual markets, including ETH and XRP.

Trading fees follow a tiered model, and traders who stake the SPRK token receive fee discounts of up to 20 percent on all perpetuals trades. Leverage on SparkDEX goes up to 50x.

Funding is settled hourly through an adaptive rate model that adjusts based on the ratio of long to short open interest. SparkDEX restricts access from a number of jurisdictions, including Afghanistan, Belarus, Cuba, Hong Kong and Iran. The platform has its own token, SPRK, and runs a weekly trading competition distributing up to 125,000 rFLR to active perpetuals traders. Its referral program pays referrers a 5 percent fee-commission and gives referred traders a 5 percent fee-cashback, with a tier system in place to prevent self-referrals.

SparkDEX · platform review

Pros and cons

+Pros
+Up to 50x max leverage per the venue’s docs
+The venue runs a points program
−Cons
−No single venue-wide maker/taker rate published
−15 restricted jurisdictions listed in the terms
SparkDEX vs Canborsa

How SparkDEX compares to Canborsa

SparkDEXSparkDEXFlare
CanborsaCanborsaCanton Network
VS
Markets
Asset classes
Crypto
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO
Max leverage
50x
up to 30x
Fees · maker / taker
— / —
0.07% / 0.07%
Funding interval
1h
1h
Sign-up
Browser Wallet Non-custodial
Browser Wallet Non-custodial

Frequently asked questions

What leverage does SparkDEX offer?›

SparkDEX offers up to 50x leverage on its listed perpetual markets.

What chain does SparkDEX run on?›

SparkDEX runs on the Flare chain.

Does SparkDEX have a token?›

Yes, SparkDEX has its own token, SPRK, and stakers receive fee discounts of up to 20 percent.

How does SparkDEX's referral program work?›

SparkDEX pays referrers a 5 percent fee-commission and gives referred traders a 5 percent fee-cashback, with a tier system to prevent self-referrals.

Is SparkDEX available everywhere?›

No, SparkDEX restricts access from a number of jurisdictions, including Afghanistan, Belarus, Cuba, Hong Kong and Iran.

How is funding calculated on SparkDEX?›

Funding is settled hourly using an adaptive rate model based on the ratio of long to short open interest.

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What SparkDEX lists
Ethereum (ETH)Crypto · perp›XRP (XRP)Crypto · perp›Dogecoin (DOGE)Crypto · perp›Gram (GRAM)Crypto · perp›All 86 marketsindex›
SparkDEX vs Canborsa · stocks · gold · pre-IPO

Trade what SparkDEX doesn’t list — on Canborsa

86 marketsup to 30x0.07% per side
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