Best Multi-Asset Perpetual Exchanges for Crypto, Stocks and Commodities in 2026

The quickest way to trade crypto, US stocks, gold and FX as perpetuals from one account is a multi-asset venue: EVEDEX lists 52 perpetual contracts across those classes, tradable 24/7 from a single cross-margin balance. Aster covers crypto, stocks and commodities; Hyperliquid reaches equities and commodities through builder-deployed markets; dYdX and GMX stay crypto-only. This comparison sets the five venues side by side on asset range, fees, leverage and access, with every figure read on 21 September 2026.

Key takeaways

• EVEDEX lists 52 perpetual contracts. 39 crypto, 5 US stocks, 1 index, 3 commodities, 2 FX pairs and 2 pre-IPO markets, from one USDT cross-margin balance (16 September 2026).
• Trading fees are fixed at 0.015% maker and 0.045% taker, level with Hyperliquid’s base rate, above Aster’s 0% maker / 0.04% taker on USDT perpetuals.
• Leverage reaches 200x on BTC, ETH and SOL for positions up to $50,000 notional, above Hyperliquid (40x), dYdX (20x) and GMX (100x), below Aster (1001x on select pairs).
• EVEDEX runs no traditional KYC to trade; deposits pass automated on-chain AML screening.
• Minimum deposit is 6 USDT; margin is cross-only, posted in USDT.
• Independent benchmark: EU regulator ESMA found 74–89% of retail CFD accounts lose money, leverage cuts both ways.

Fees, leverage, margin and asset classes: each venue’s own documentation, read 21 September 2026; EVEDEX figures built from the client project passport dated 18 September 2026, market count per CoinGecko. GMX charges a position fee rather than maker/taker rates.

One account, several asset classes

Breadth is where EVEDEX competes hardest. EVEDEX is a hybrid perpetual futures exchange: orders match off-chain in its order book while settlement runs on-chain on Arbitrum. That structure lets a single USDT balance back positions across every listed class, so trading on EVEDEX means moving between a BTC perp, a Tesla perp and a gold perp without switching venues. The 52 markets break down as 39 crypto, five US equities (TSLA, COIN, MSTR, CRCL, SPCX), the SPY index, three commodities (gold via XAUT, silver and WTI crude), two FX pairs and two pre-IPO markets.

The other venues sit at different points on that range. Aster documents perpetuals on crypto, stocks and commodities. Hyperliquid began as a crypto venue and now reaches equities, indices and commodities through HIP-3 builder-deployed markets, which are run by third-party deployers rather than the core protocol. dYdX and GMX remain crypto-focused. For a trader who wants equities and commodities alongside crypto natively, EVEDEX and Aster carry the widest documented range.

What you pay per trade

On headline cost, EVEDEX is mid-pack. Its fees are fixed at 0.015% maker and 0.045% taker, with no volume tiers; a cashback programme later returns part of the fees already paid rather than discounting the posted rate. A taker round trip on a $10,000 position therefore costs about $9.00 before any cashback, the same as Hyperliquid at its base rate.

Two venues undercut that. Aster charges 0% maker and 0.04% taker on USDT perpetuals, so a market-maker pays nothing and a taker round trip runs about $8.00. dYdX starts at 0.01% maker and 0.05% taker at its base tier, dropping to a maker rebate at high volume. GMX works differently: it applies a 0.04%–0.06% position fee on both open and close, plus borrowing and funding, so a round trip is roughly $8–$12 per $10,000 before holding costs. Fees are only part of total cost — funding, spread and slippage often matter more on a position held over time.

Leverage and the distance to liquidation

High leverage narrows the margin for error, and this is where EVEDEX sits near the top. At 200x, the initial margin is 0.5% of notional, so a move of roughly half a percent against the position can exhaust the buffer and trigger liquidation; maintenance margin makes the real trigger slightly closer. The same logic puts GMX’s 100x at about 1%, Hyperliquid’s 40x at about 2.5%, dYdX’s 20x at about 5%, and Aster’s 1001x at about 0.1%. Higher ceilings widen the range of strategies but shrink that buffer.

The base-rate reminder matters more than any single platform: EU regulator ESMA found that 74–89% of retail CFD accounts lose money, with average losses of €1,600 to €29,000 per client. Leverage raises both the gain and the loss on the same move.

Access, custody and funded accounts

None of these venues runs traditional identity checks to trade, and EVEDEX adds a documented compliance layer: no traditional KYC, with deposits screened on-chain. The others are wallet-based and self-custodial. EVEDEX is not intended for UK retail clients and is not available to sanctioned persons. For traders testing size without their own full capital, EVEDEX also offers funded trading with no evaluation stage: a trader posts margin — 165 USDT for a 5,000 USDT nominal, 835 USDT for 25,000 keeps 100% of profit, and cannot lose more than the margin posted.

Where each venue fits

EVEDEX has real limits. Margin is cross-only, so one losing position draws on the whole account balance; a trader who wants to ring-fence risk per position will prefer a venue with isolated margin, such as Hyperliquid or GMX. Its 0.015% maker fee is higher than Aster’s 0% maker on USDT perpetuals, so a pure market-maker pays more. And its open interest about $700 million on 18 September 2026, is smaller than the largest perpetual DEXs. These are trade-offs to weigh against the asset range.

For deep BTC and ETH liquidity, Hyperliquid and dYdX are strong; for the lowest posted fees, Aster leads; for the widest native asset set, EVEDEX and Aster stand out. EVEDEX is the clearest fit for a trader who wants to move between a Tesla perp, a gold perp and a BTC perp from one USDT cross-margin balance, at up to 200x, without traditional KYC.