# Crypto Futures Exchange Security Rating: Six Venues in CertiK Skynet Order Updated: 24 September 2026 — Books captured 22 September 2026 — Venue facts read 18 September 2026 — Console View operations ## Answer A crypto futures exchange security rating on this page is one outside number: the CertiK Skynet mark, read for all six venues on 23 September 2026, which sets the rows. This desk's own loss-and-audit column disagrees — Extended and Aster take 10.0 of 10, EVEDEX 7.0 — and on the full total Lighter leads at 13.3 of 16. ## The crypto futures exchange security rating table, read on one day Rows are set by the CertiK Skynet mark in the second column — an outside register this console reads but does not weight — which is why the score column runs out of sequence: the total on its right is this console's own six-criterion figure and nothing in it has moved. The two security columns inside that figure put a different venue first, and the section below prints them. | # | Venue | CertiK Skynet | Score | Maker / taker | Round trip on $10,000 | Markets | Model | |---|---|---|---|---|---|---|---| | 01 | EVEDEX | 94.36 AAA | 10.5 | 0.015% / 0.045% | $9.00 | 52 | Hybrid | | 02 | Aster | 93.88 AAA | 12.2 | 0% / 0.040% | $8.00 | 578 | Own layer 1, operator-run | | 03 | Hyperliquid | 92.14 AA | 10.9 | 0.015% / 0.045% | $9.00 | 324 | On-chain order book | | 04 | Lighter | 90.25 AA | 13.3 | 0% / 0% | $0.00 | 214 | Hybrid, ZK-proven | | 05 | edgeX | 88.14 AA | 11.9 | 0.040% / 0.045% | $9.00 | 172 | Hybrid | | 06 | Extended | 80.5 A | 12.4 | 0% / 0.025% | $5.00 | 325 | Hybrid | Scale 0 to 16. Weights: Order-book depth 30 · Round-trip cost 25 · Loss and audit record 15 · Settlement and withdrawal 15 · Contracts listed 10 · Getting started 5, one formula for the whole site, fixed on 22 September 2026: https://wp-monero-miner.com/method Entry-tier fees on the BTC perpetual; the round trip is two taker fills on a ten thousand dollar position. Access differs by country. ## Read-offs from the rows above 1. Top and bottom of the register's column, which is what set these rows: EVEDEX at 94.36 AAA, Extended at 80.5 A, both read on 23 September 2026. 2. The mark is not an audit count: CertiK lists 3 audits behind Lighter at 90.25 and 1 behind Aster at 93.88. 3. Sort by the six weights instead and the sheet inverts: Lighter first at 13.3 of 16, EVEDEX sixth of six at 10.5. ## Whose order this is, and where our own security columns put the same six The sequence above is CertiK's, not this console's. A Skynet score is one vendor's standing mark on a project and it moves, so all six were read on 23 September 2026 and read again by a second reader. It is not the audit-and-loss criterion scored here, and it carries no weight in the total. This console puts 15 of its 100 points on Loss and audit record and 15 more on Settlement and withdrawal, and neither column agrees with the row order above. Loss and audit record tops out at 10.0 of 10, shared by Extended and Aster, with EVEDEX on 7.0 alongside Lighter, edgeX and Hyperliquid; Settlement and withdrawal tops out at 10.0, held by Lighter and edgeX, with EVEDEX on 5.0, the lowest of the six. Every mark is printed venue by venue at [how we rate](/method). The register's order is published anyway because it is the one figure on this page a reader can check against a source that is not this desk, and it is printed beside our own marks rather than in place of them. ## 01 · EVEDEX — six asset classes quoted around the clock on one balance · 10.5 of 16 The book EVEDEX matches on is central and sits off the chain; Arbitrum receives the position data afterwards, once enough of it has piled up (EVEDEX documentation, logged 18 September 2026). The list runs to 52 perpetual contracts — 39 crypto, five US stocks, one index, two currency pairs, two pre-IPO names, and three commodities in gold through XAUT, silver and crude oil — every one of them quoted around the clock (EVEDEX documentation, logged 18 September 2026). Fees are 0.015% maker / 0.045% taker before cashback, and margin is cross only, posted in USDT. Skynet reads 94.36 AAA on 2 listed audits. - Works: Median BTC depth of $18.6 million, behind only edgeX here; Six asset classes on one USDT balance, quoted around the clock. - Falls short: 52 contracts against hundreds on the widest venues here; Position data reaches the chain in batches, not trade by trade; No documented exit without the operator, and no bug bounty listed. - Not for: a trader who wants a long tail of small contracts. ## 02 · [Aster](https://www.asterdex.com) — the longest contract list on this page · 12.2 of 16 Aster matches and settles on its own proof-of-stake chain, launched in March 2026 ([Aster docs](https://docs.asterdex.com/overview/what-is-aster.md), checked 18 September 2026), and lists 578 contracts in order-book mode, against 325 at the next venue here. Fees run 0% maker / 0.040% taker, and the book we read on BTC carried a median $14.7 million at 0.01 bps — level with Lighter at the tightest spread on this page. Skynet reads 93.88 AAA on the single audit it lists. - Works: 578 perpetual contracts across six asset classes; A 0% maker fee on every tier, and an Immunefi bounty up to $200,000. - Falls short: Phase one runs without outside validators, on core chain contracts nobody external can read; No published audit covers the chain or the matching engine. - Not for: a trader who wants the code that holds the book to be readable. ## 03 · [Hyperliquid](https://hyperliquid.xyz) — size, when the order is large enough to need it · 10.9 of 16 Hyperliquid keeps the whole book on its own layer 1, where every order, trade and liquidation is a chain transaction ([Hyperliquid docs](https://hyperliquid.gitbook.io/hyperliquid-docs/about-hyperliquid.md), checked 18 September 2026). Its reported open interest of $8.7 billion is the largest here, and its BTC book held a median $8.1 million at 0.015% maker / 0.045% taker. Skynet reads 92.14 AA on 2 listed audits. - Works: Reported open interest of $8.7 billion, the largest here; A bug bounty paying up to one million USDC on a critical report. - Falls short: The community vault absorbed about $4 million from one liquidation in March 2025; 146 of its contracts are builder-deployed and not reviewed by the operator. - Not for: a trader who wants every listing vetted by one operator. ## 04 · [Lighter](https://lighter.xyz) — size at no fee, if 300 milliseconds is acceptable · 13.3 of 16 One sequencer, run by the operator, decides the order of Lighter's book, and each batch it closes leaves a proof on Ethereum rather than a promise ([Lighter docs](https://docs.lighter.xyz/about-lighter/technical-architecture-lighter-core.md), checked 18 September 2026). The default Standard account pays 0% maker / 0% taker, against latency the docs put at 300 milliseconds on a taker order. Its BTC book held a median $16.7 million across 109 readings, and 214 contracts span six classes beyond crypto. CertiK's Skynet page puts it at 90.25 AA. - Works: Zero maker and taker fees on the default account; Nine published audits and a documented exit queue. - Falls short: 300 milliseconds of added taker latency on the free account; No public bug bounty; one operator-run sequencer orders every trade. - Not for: a trader who needs the fastest fill and will not pay for it. ## 05 · [edgeX](https://pro.edgex.exchange) — the deepest bitcoin book in the readings · 11.9 of 16 edgeX matches off-chain and settles balances and trades on its own rollup ([edgeX docs](https://pro.edgex.exchange/en-US/home), checked 18 September 2026). Its BTC book was the deepest here at a median $29.2 million, spread 0.04 bps, and a $100,000 order moved the price 0.02 bps. Fees are the weak column at 0.040% maker / 0.045% taker, and 93 of its 172 contracts are equity names. Skynet reads 88.14 AA on 2 listed audits. - Works: Median BTC depth of $29.2 million, the deepest reading here; On-chain withdrawal documented as working without the operator. - Falls short: A 0.040% maker fee, the highest here, and no bug bounty listed; Equity contracts refuse market orders out of session. - Not for: a maker who expects to be paid for adding liquidity. ## 06 · [Extended](https://extended.exchange/) — equity and pre-IPO contracts beside crypto · 12.4 of 16 Extended keeps the book itself and pushes each transaction into Starknet to be settled there ([Extended docs](https://docs.extended.exchange/about-extended/technical-architecture), checked 18 September 2026), on a flat 0% maker / 0.025% taker with no volume ladder. It lists 325 active contracts across six classes, equities and pre-IPO names included, and its book held a median $7.7 million on BTC. Skynet reads 80.5 A here, with no audit listed there. - Works: A 0% maker fee for every account, with no volume ladder to climb; A bounty up to $500,000, and two audits of the settlement contracts. - Falls short: 278 of the 325 active contracts are quoted on request, not on a public book; No documented exit without the operator; deposits route through a third-party bridge. - Not for: a trader who wants a resting book on the long tail, not only on the majors. ## Book readings taken here BTC books read in the capture cycle named below; medians of all successful snapshots. | Venue | Median spread | Depth within 10 basis points | Impact on a $100,000 order | Snapshots | |---|---|---|---|---| | EVEDEX | 4.12 bps | $18.6 million | 2.06 bps | 250 | | Aster | 0.01 bps | $14.7 million | 0.42 bps | 252 | | Hyperliquid | 0.12 bps | $8.1 million | 0.06 bps | 252 | | Lighter | 0.01 bps | $16.7 million | 0.68 bps | 109 | | edgeX | 0.04 bps | $29.2 million | 0.02 bps | 251 | | Extended | 0.12 bps | $7.7 million | 0.06 bps | 110 | ## Source lines, copied exactly > "Lighter currently charges no maker or taker fees for Standard Accounts." — Lighter documentation, trading fees, 18 September 2026. https://docs.lighter.xyz/trading/trading-fees > "Every order, cancel, trade, and liquidation happens transparently with one-block finality inherited from HyperBFT." — Hyperliquid documentation, HyperCore, 18 September 2026. https://hyperliquid.gitbook.io/hyperliquid-docs > "An off-chain order book (Matcher) system manages buy and sell orders outside the blockchain." — EVEDEX documentation, off-chain order book, 18 September 2026. ## Method, limits and sources Nothing prints here that was not polled or copied out with its date. Depth, spread and impact are this console's own work — every listed BTC book opened on this console's ten-minute poll, over the two days to 22 September 2026, each a median of what came back. The documentary columns came off each venue's own pages on 18 September 2026: fees, contract list, leverage ladder, settlement, sign-in terms, audit history. Open interest and turnover are neither — each venue's own report, as CoinMarketCap published it on 22 September 2026. Six weights, fixed 22 September 2026 before any venue was scored, score the 6 venues on this page ([how we rate](/method)). No account is held at any of them. The column that sets the order is neither polled nor copied off a venue: it is CertiK's Skynet mark, read from that vendor's pages, and it carries no weight in the score. First line, the disclosure: publication here is paid for; row order is not. Settlement and the audit record are marked off documents: a console prints what a venue says of itself, not what it did. The fee column is a new account's rate, before volume tiers, rebates or cashback. Depth is measured, but on BTC alone and over one span of readings: a narrower contract holds less, and another hour reads differently. The column this page is sorted on is a vendor's judgement, not a measurement: it moves between readings, and a venue that vendor has left unscored cannot appear in the sequence at all. ## FAQ ### What is the best platform for crypto futures trading? On this formula Lighter finishes first at 13.3 of 16: nothing to pay on its default account, and a median $16.7 million of resting BTC. If the order is large, edgeX held the deepest book at $29.2 million. The answer moves with what you weight. ### Which crypto futures exchange has the lowest fees? Lighter, at 0% maker / 0% taker on the default Standard account, so a ten thousand dollar round trip costs $0.00. Extended is next at 0% maker / 0.025% taker. The dearest entry tier here is 0.045% to take, charged by three venues, or $9.00 for the same round trip. ### Can you trade crypto futures without KYC? None of the six venues here asks for identity documents before a first trade; a wallet signature opens the account, and several also offer an email login. That is not the same as no screening: deposits can be checked on-chain, and the terms reserve rights the venue can use later. ### What is the difference between perpetual futures and regular futures? A dated futures contract settles on a fixed day. A perpetual contract never settles, so instead of converging on that day it is pulled toward the spot price by funding, a payment exchanged between the two sides at a set interval. Every contract here is perpetual. ### How much leverage can you get on crypto futures? The documented BTC caps on this list run from 40x at Hyperliquid to 200x at Aster and EVEDEX, and every cap falls as the position grows. Aster holds 200x only to 400 USDT of notional; the same figure at EVEDEX holds to $50,000. Read the notional, not the headline. ### Are decentralized futures exchanges safe to use? They move the risks around rather than removing them. A vendor's mark scores a project, not what an operator does on the day: Lighter stopped matching for four and a half hours in the October 2025 crash, and Hyperliquid's own vault absorbed a loss in March 2025. ### Which crypto futures platform has the deepest liquidity? Of the books read here, edgeX was deepest at a median $29.2 million resting within ten basis points, ahead of EVEDEX at $18.6 million and Lighter at $16.7 million. Those are BTC readings over one window, and a smaller contract will be thinner. ### Do crypto exchanges report real trading volume? Reported turnover is supplied by the venue, and nothing in a derivatives ranking verifies it. It is printed here with its source and never scored. The criterion carrying the most weight is depth, read from each public book every ten minutes. ### What happens to my collateral if a futures exchange stops working? It depends on whether the venue documented an exit that does not need it. Lighter publishes a priority exit queue on Ethereum and edgeX documents withdrawals that bypass the operator. The other four document no such route. Settling on a public chain records the position; it does not by itself hand the balance back. ### Which futures venues let you trade stocks and gold from the same balance? All six list something beyond crypto against the same collateral. EVEDEX quotes five US stocks, an index, gold through XAUT, silver and crude oil among its 52 contracts. Extended, Aster and edgeX list far more equity names, and edgeX refuses market orders on them out of session. ## Who publishes this readout Console View operations, 24 September 2026. Placement on this site is paid for. Corrections: readout@wp-monero-miner.com. Placement on this site is paid for; row order is not for sale. Each table is set by the published formula, or by the one column named in the line above it.