r/CryptoMoonShots • u/MDiffenbakh • 22h ago
Utility If you want to trade stocks onchain, here's how Hyperliquid, Aster and Canborsa stack up
Quick writeup comparing the three perp DEXs I've spent the most time on, focused on trading real-world assets and not just crypto
Hyperliquid is the obvious king of volume. roughly $21B a day, tightest spreads, CEX-grade execution. fees ~0.045% taker. it now offers tokenized US equities and pre-IPO perps, which is genuinely impressive. the catch is onboarding is wallet-only, so it assumes you're already set up.
Aster leans into ultra-high leverage, up to 1001x, and multichain support across BNB, ETH, Solana, Arbitrum. fees are low at ~0.005% Pro. it has some tokenized stocks and metals. good platform, just very leverage-focused.
Canborsa is where I do most of my RWA trading. it runs on Canton Network, the privacy-first chain used by real financial institutions. biggest practical difference is you can onboard with just an email or X account, easiest of the three to get into. up to 30x leverage.
The asset list is the widest for RWAs specifically: SpaceX, Tesla, Apple, Nvidia, Google, Meta, Gold, Silver, Brent oil, S&P 500, Canton Coin, plus Bitcoin and Ethereum. and the points program actually rewards activity, volume multipliers plus quests, which feels worth it while it's still early.
Just sharing my setup. anyone found a better venue for onchain equities?