A head-to-head comparison of Jupiter Perps and Aevo — pricing, the features that actually differ, and which one fits which use case.
High-volume Solana perps built on the JLP liquidity pool
Order-book DEX combining perpetuals and on-chain options
These are the 5 capabilities where the two tools genuinely diverge — the rest of their feature sets overlap.
| Capability | Jupiter Perps | Aevo |
|---|---|---|
| Max Leverage | Up to 100x | Up to 20x |
| Settlement Model | Pool-based (JLP) | Off-chain OB + on-chain settlement (Aevo L2) |
| Oracle Type | Oracle-priced (Pyth) | Order book + oracle |
| Cross Margin | No | Yes |
| Liquidity Provider Yield | Yes | No |
| Feature | Jupiter Perps | Aevo |
|---|---|---|
| Max Leverage | Up to 100x | Up to 20x |
| Settlement Model | Pool-based (JLP) | Off-chain OB + on-chain settlement (Aevo L2) |
| Oracle Type | Oracle-priced (Pyth) | Order book + oracle |
| Funding Rates | ✓ | ✓ |
| Cross Margin | ✗ | ✓ |
| Isolated Margin | ✓ | ✓ |
| Liquidity Provider Yield | ✓ | ✗ |
| Governance Token | ✓ | ✓ |
| Multi Chain | ✗ | ✗ |
| Self Custody | ✓ | ✓ |
Both tools are free to use — costs come from network or usage fees.
Jupiter Perps
Free
Aevo
Free
Watch out: Pool-based model concentrates risk in JLP.
Watch out: Relies on Aevo's sequencer.
Jupiter Perps edges ahead on our editorial score (4.4/5), but these tools aren’t straight substitutes. Pick Jupiter Perps when one of the highest-volume perp venues in defi matters most to your workflow; pick Aevo when rare on-chain options alongside perpetuals is the priority. The deciding factor is usually the trade-off you can least afford — Jupiter Perps means accepting that pool-based model concentrates risk in jlp, while Aevo means relies on aevo's sequencer.
Jupiter Perps carries the higher editorial rating (4.4/5 vs 4.1/5), but they solve different problems. Jupiter Perps is the stronger pick when you need one of the highest-volume perp venues in defi. Aevo wins when rare on-chain options alongside perpetuals.
Both tools are free to use, with costs coming from network or usage fees rather than subscriptions.
Jupiter Perps's main limitation is that pool-based model concentrates risk in jlp. For Aevo, relies on aevo's sequencer. Weigh these against how you actually plan to use the tool.
In most cases yes — many teams run both, using each where it's strongest. Since Jupiter Perps leads on one of the highest-volume perp venues in defi and Aevo on rare on-chain options alongside perpetuals, the two are often complementary rather than mutually exclusive.