Custody risk: contracts upgradeable by a single key — 2026-07-20. Per L2BEAT, edgeX runs as a StarkEx Validium (sharing a proof program with ApeX), and its central contracts can be upgraded by an externally-owned account — a single key — with no exit window; L2BEAT's own risk summary warns this “could result in the loss of all funds,” and notes the central contract is unverified on Etherscan. Separately, the EDGE token fell ~70–77% over 2026-06-01/02 in an episode edgeX attributed to concentrated selling into a thin liquidity pool rather than a protocol hack. edgeX is operating; this is a standing risk to weigh, not an outage. ( L2BEAT )

⚠︎ Risk warning: leveraged derivatives on unregulated platforms — you can lose everything you deposit. Not investment advice.

Comparison · By · Updated 2026-09-09

Lighter vs edgeX (2026): Published Zero vs Unpublished

This comparison is mostly about what can be checked. Lighter publishes its fee grid, its funding period and its points cadence. edgeX publishes a token page and a documentation set that, at the time of verification, carried no fee schedule and no points programme; rates are visible only after you sign in. Where edgeX does not publish, this page says so rather than filling the gap.

Verdict

Lighter can be evaluated before you deposit; edgeX cannot, on price. Lighter's Standard accounts are 0% both sides in a published grid. edgeX's fees are app-only, so no honest number exists to set beside that zero. edgeX does have a live token, EDGE, with an airdrop already executed and a buyback-burn, which is more than Lighter's docs say about LIT and points. Pick Lighter if verifiable cost matters; treat edgeX as a venue you must open an account on to price.

At a glance

Lighter versus edgeX, compared across key dimensions
Lighter edgeX
Custody Non-custodial (rollup) Not independently verified
Base perp fees 0% (Standard) / 0.0280% (Premium) / 0% (Standard) / 0.0040% (Premium) t/m Not published / Not published t/m
Token LIT · live EDGE · live
Points programme Unverified · Points Season 2 None documented

facts verified · each venue's official docs Every cell restates a claim on one of this site's pages: /compare/hyperliquid-vs-lighter/ , /lighter/fees/ , /compare/hyperliquid-vs-edgex/ , /airdrops/ .

Fees

Lighter — Order-book; zero-fee Standard accounts, paid Premium tier for higher limits. Base tier: 0% (Standard) / 0.0280% (Premium) taker, 0% (Standard) / 0.0040% (Premium) maker. Numerics reflect Standard accounts (zero-fee); Premium trades 0.0040%/0.0280% with a LIT-staking discount grid. Discounts: LIT staking reduces Premium rates on a published grid. Standard’s trade-off is latency (300ms taker) and API rate limits, not hidden fees or position caps; LIT is live (staking discounts the Premium grid) and the points program remains a separate, conversion-undocumented track. Schedule verified 2026-07-31 on /lighter/fees/.

edgeX — Order-book with daily 30-day volume tiers. Base tier: Not published taker, Not published maker. edgeX does not publish a fee schedule — rates are visible only inside the app, so there is no figure to quote or calculate with. Discounts: Not published. The schedule being app-only means you cannot compare edgeX on price before signing up. We do not estimate it. Schedule verified 2026-07-17 on /compare/hyperliquid-vs-edgex/.

Base-tier rates answer one narrow question — what a small taker order costs on day one. Your maker/taker mix, volume tier and holding period decide the real number; the fee comparison lays all twelve venues side by side and the execution-cost tool adds live slippage on top.

Markets they share

In this site's market join, snapshot 2026-09-02, Lighter lists 214 perp markets and edgeX lists 167; 94 appear on both. The market index shows every asset with the venues that list it and each venue's published leverage, and the join is refreshed weekly by a fail-closed pipeline. Breadth is not depth: a listing says nothing about how much size a book absorbs, which the execution-cost tool measures live where a venue publishes its order book.

Token and points

Both rows are restated from the points & airdrop tracker, which is re-read against each venue's docs on a 45-day cadence and never prices a point.

Where Lighter wins

Transparency and cost: a published zero-fee Standard tier, a published Premium grid with a LIT-staking discount, an hourly peer-to-peer funding period, and a documented weekly points pool. Everything a reader needs to decide is on a docs page this site has read and dated.

Where edgeX wins

Token clarity in one respect: EDGE is live, was airdropped to eligible users, and is bought back and burned from revenue, all stated on edgeX's own token page. Its documentation also describes gas covered on V1 and sub-accounts that aggregate into one fee tier, both verified on this site's Hyperliquid vs edgeX page. None of that tells you what a trade costs.

What this site could not verify

Which to pick

If you want to know the cost of a fill before funding an account, Lighter. If you already trade on edgeX and can see its schedule, compare it against Lighter's zero yourself; this site will not estimate an unpublished rate. On points, Lighter's Season 2 is unverified in status and edgeX documents no programme at all, so neither should drive the decision.

Related comparisons

FAQ

Why is there no edgeX fee figure here?

Because edgeX does not publish one. Its rates are shown inside the app after sign-in, and a number this site has not read on an official page does not get printed.

Does edgeX have a points programme?

Not in the documentation read on the verification date. The EDGE token page records a historical "Pre TGE Season" as an allocation label only, and the token has already been airdropped.

Is Lighter's zero fee permanent?

It is the published Standard-tier rate on the verification date. Lighter also runs a paid Premium tier, and any venue can change a schedule; the stamp above shows when this page last checked.

Open Lighter → (opens in a new tab)

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