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Head-to-head · Perp DEXs

Jupiter Perps vs Synthetix Perps Jupiter Perps leads by 19 points.

Jupiter Perps scores 19 points above Synthetix Perps on the published criteria (17.8 vs 7.1 points), which this ranking scores from the record as a whole, not criterion by criterion. Jupiter Perps ranks #5 and Synthetix Perps #10 of 12 published perp DEXs. Every term of the gap is on the ledger below; the inputs are on the audit receipt.

Jupiter Perps60
Synthetix Perps41
Scores are out of 100; published scores fall within 41–99 · ranks #5 and #10 of 12
Methodology v2026.10.18Ranking snapshot 2 published criteria5 score dimensions Receipt #cc-VS-JUPITER-PERPS-VS-SYNTHETIX-PERPS-45dc5b73
Published verdictRanking snapshot 3 November 2026

Jupiter Perps leads by 19 points

Jupiter Perps scores 19 points above Synthetix Perps on the published criteria (17.8 vs 7.1 points), which this ranking scores from the record as a whole, not criterion by criterion.

Jupiter Perps #5 of 1260
Synthetix Perps #10 of 1241
Scores are out of 100; published scores fall within 41–99; a bar is empty at 41 and full at 99.
Why, term by termJupiter Perps leads on 0 of 2 published criteria; Synthetix Perps on 0. The terms sum to the gap.
TermJupiter PerpsSynthetix PerpsWeightPoints
Published criteriaScore dimension17.87.130+27.8for Jupiter Perps
Net of the terms+27.8
Reproduced gap+27.8
Published gapAfter score rounding and bounds — see the note below6041+19.0

Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.

  • This ranking scores its published criteria from the record as a whole, not criterion by criterion, so they count here as one term and no single criterion is credited.
  • A floor bound on one row means the criterion arithmetic does not reproduce the displayed gap exactly.
Quick facts

At a glance

2 of 5 rows read the same for both.
FactJupiter PerpsSynthetix Perps
Trading feeSnapshotModel: oracle-priced vs JLP pool (Solana). Since late 2023. Contract-custodied, admin-controlled (untimelocked 4-of-7 multisig can change custody permissions/oracles; upgrades via 4-of-8 multisig with 24h timelock). Audited (Offside Labs, OtterSec, Sec3). SOL/ETH/wBTC on the JLP pool plus six Beta markets on GUM (USDC collateral). Up to 250x. Fees (Jupiter Perps docs "Fees", read 3 November 2026): "Base fee | Open and close | 0.06% of trade size", plus price impact and hourly borrow fees. Live TVL shown for context (DefiLlama, dated), not scored.Model: offchain orderbook (offchain matching, batch settlement on Ethereum mainnet). Since 2026. Contract-custodied (operator-relayed withdrawals), admin-controlled (4-of-7 Safe, no timelock). Limited audit evidence (no audit of the live deposit contract found). Up to 25x. Fees (Synthetix docs, read 3 November 2026): default taker fee "0.05%", lower with 14-day volume. Live TVL shown for context, not scored.
Asset coverageEditorial——
Region fitSnapshoteurope, globalus, europe, global
Custody modelSnapshotContract-custodiedContract-custodied
Security postureSnapshotAudited; admin-controlled contracts.Limited audit coverage; admin-controlled contracts.
From the published criteria

Which should you pick?

Jupiter Perps

60#5 of 12
Leads
Pick it when
Jupiter Perps leads on no published criterion; its edge is published criteria (17.8 vs 7.1 points). Pick it if that term is what you are buying.
Strength
Solana-native, oracle-priced perps
Tradeoff
Only a few markets (BTC / ETH / SOL) — narrow range by design

Synthetix Perps

41#10 of 12
Pick it when
Synthetix Perps leads Jupiter Perps on no published criterion and no score dimension — pick it only if a fact outside the score (country, funding rail, custody) decides for you.
Strength
Perpetual futures settled on Ethereum mainnet
Tradeoff
Withdrawals are operator-relayed: only a single relayer account can request a withdrawal onchain, and watchers validate it with a quorum of 1
Self-identify in 10 seconds

Which one is actually for you?

Jupiter PerpsLeads

Jupiter Perps leads Synthetix Perps on no published criterion

  • Choose it only if something outside the published criteria decides for you — your country, a funding rail, or custody.
Synthetix Perps

Synthetix Perps leads Jupiter Perps on no published criterion

  • Choose it only if something outside the published criteria decides for you — your country, a funding rail, or custody.
Criterion by criterion

Scorecard

Published criteria · weight in points of 860 of 4 cells scored. Strength is read from the evidence file; the weight is the published one. Methodology

Security

weight 14.4 of 86Not scored
Jupiter PerpsNot scored

No evidence cell for this criterion, so no strength is drawn.

Synthetix PerpsNot scored

No evidence cell for this criterion, so no strength is drawn.

Decentralization

weight 9.6 of 86Not scored
Jupiter PerpsNot scored

No evidence cell for this criterion, so no strength is drawn.

Synthetix PerpsNot scored

No evidence cell for this criterion, so no strength is drawn.

Score dimensions

weights sum to 86

The published score is five dimensions, each weighted for the category. "Published criteria" is the criteria block above; the other four are the engine's own terms — availability, friction, trust record, measured data. Each bar is one side's points out of that dimension's maximum; the weight beside the name is its points of the 86-point weighted total. The published criteria above can fill 24 of the block’s 30. A weight marked “constant here” belongs to a dimension every ranked product in the category holds at the same value: it still counts in the total, and it orders nothing here.

Availabilityweight 20 of 86 · constant here
Jupiter Perps14/20Synthetix Perps14/20
Tie
Published criteriaweight 30 of 86
Jupiter Perps17.8/30Synthetix Perps7.1/30
Jupiter Perps leads
Frictionweight 10 of 86 · constant here
Jupiter Perps2.7/10Synthetix Perps2.7/10
Tie
Trust recordweight 8 of 86 · constant here
Jupiter Perps3.2/8Synthetix Perps3.2/8
Tie
Measured dataweight 18 of 86 · constant here
Jupiter Perps5.5/18Synthetix Perps5.5/18
Tie
Decision rulePublished order

Choose Jupiter Perps unless the term Synthetix Perps leads on is the one you are buying.

Synthetix Perps leads Jupiter Perps on no published criterion and no score dimension — pick it only if a fact outside the score (country, funding rail, custody) decides for you.

The published order weighs every criterion the same way for everyone. To weigh them your way, run .

From the published order

Next best action

If this isn't your case

Other matchups worth comparing

How you can lose money here, and what the ranking scores
  • Contract failure: the code holding the funds is exploited.
    Scored by Security & track record · 60%
  • Control failure: a key or vote changes the rules, freezes or mints.
    Scored by Decentralization & trust-minimization · 40%
Not assessed by this ranking: Oracle failure, Insolvency failure, Regulatory failure, Execution failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means.
Questions

Frequently asked questions

Jupiter Perps scores 19 points above Synthetix Perps on the published criteria (17.8 vs 7.1 points), which this ranking scores from the record as a whole, not criterion by criterion. Published scores, out of 100: Jupiter Perps 60 (rank 5 of 12 perp dexs), Synthetix Perps 41 (rank 10 of 12).

Related pages

Go deeper

Reviewed Next review by Methodology v2026.10.18
How this page is reviewed

Reviewed means both products compared here was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.

Accountable for this review: Mathias Siemonsmeier, Founder.

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