ADEN Fee Savings Calculator
Compare your trading costs across exchanges. Enter your typical trading parameters to see how much you could save with ADEN's zero maker fee model.
Fee Comparison Results
ADEN launched on July 23, 2025, as a new player in the crowded world of crypto exchanges - but it’s not trying to be another Binance or Coinbase. Instead, it’s betting everything on one thing: decentralized derivatives trading with zero maker fees and no gas costs. If you’re tired of paying fees on centralized exchanges and want to trade perpetual futures without handing over your ID, ADEN might look tempting. But here’s the real question: is it actually usable in late 2025, or is it just another shiny prototype with no users?
What ADEN Actually Offers
ADEN isn’t a spot exchange. You won’t find Bitcoin, Ethereum, or Dogecoin you can just buy and hold. It’s built for traders who want leverage. The platform only supports USDT- and USDC-margined perpetual futures - meaning you can go long or short on crypto pairs like BTC/USDT or ETH/USDC with up to 100x leverage. That’s the same kind of trading you’d find on Bybit or OKX, but without KYC, without registration, and without paying gas fees every time you open or close a position.
It runs on the Orderly Network, which also powers ASTER, another derivatives DEX. That means ADEN shares liquidity with ASTER, giving it deeper order books than most standalone DEXs. The interface looks like a CEX - clean charts, market depth, leverage sliders - but everything settles on-chain. Your trades are recorded on Ethereum, BNB Chain, Arbitrum, Optimism, Base, or Solana. You pick your chain, connect your wallet via WalletConnect, and start trading. No email, no phone number, no government ID.
The Fee Structure That Stands Out
ADEN’s biggest selling point is its pricing: 0% maker fees and 0.0009% taker fees. That’s lower than almost every centralized exchange, even Kraken Pro, which charges 0.02% taker fees for most users. On centralized platforms, makers (those who add liquidity by placing limit orders) often get rebates, but takers (those who execute against existing orders) pay up to 0.1% or more. ADEN flips that: takers pay almost nothing, makers pay nothing at all.
Combine that with gasless trading - no need to hold ETH, BNB, or SOL to pay for transaction fees - and you’ve got a combo that’s hard to beat for active traders. If you’re scalping or making dozens of trades a day, those savings add up fast. On other DEXs like dYdX or Hyperliquid, you still pay network fees even if the exchange itself doesn’t charge. ADEN absorbs those costs, making it the first DEX to truly offer a CEX-like cost structure on-chain.
But Here’s the Catch: No One’s Trading
As of October 2025, ADEN shows up on CoinMarketCap as an "Untracked Listing." That means no verified trading volume. No real-time data. No charts. No social buzz. That’s not normal for a platform that launched five months ago - especially one with such a clear value proposition.
Compare that to Uniswap, which handles $1.2 billion in daily volume on spot trades alone. Or even dYdX, which still moves $200 million+ per day despite facing stiff competition. ADEN’s silence speaks louder than its fee schedule. Either no one’s using it, or it’s not feeding data to trackers. Neither scenario is good for a new exchange.
Why? Because liquidity is everything in derivatives trading. If you want to open a $10,000 BTC position with 50x leverage, you need someone on the other side of the trade willing to take the opposite side. If the order book is thin, your trade gets slippage. If it’s empty, you can’t enter at all. ADEN’s deep liquidity from Orderly Network looks great on paper - but if no one’s placing orders, it’s just a ghost town.
Who Is ADEN Really For?
ADEN isn’t for beginners. It’s not for people who want to buy Bitcoin and HODL. It’s for experienced traders who:
- Already use WalletConnect-compatible wallets like MetaMask, Phantom, or Coinbase Wallet
- Understand how perpetual futures work and the risks of leverage
- Value privacy over customer support
- Trade across multiple chains and don’t want to juggle gas tokens
- Are tired of centralized exchanges freezing accounts or changing fee structures overnight
If you’re someone who got banned from a CEX for using a VPN, or you live in a country where crypto regulations are tightening, ADEN’s no-KYC model is a breath of fresh air. But if you need help resetting your password, or you don’t know what a liquidation price is, you’re on your own. There’s no live chat, no email support, no help center. If your trade doesn’t execute, you’ll need to debug it yourself using blockchain explorers.
How ADEN Compares to the Competition
Let’s put ADEN next to the giants:
| Feature | ADEN | Kraken | Bybit | Uniswap |
|---|---|---|---|---|
| Type | Decentralized derivatives | Centralized spot & derivatives | Centralized derivatives | Decentralized spot |
| Maker Fee | 0% | 0% (Pro tier) | 0.01% | N/A (spot only) |
| Taker Fee | 0.0009% | 0.02% | 0.05% | N/A |
| KYC Required | No | Yes | Yes | No |
| Gas Fees | None | None (off-chain) | None (off-chain) | Yes (on-chain) |
| Supported Assets | Derivatives only | 400+ coins | 200+ derivatives | 10,000+ tokens |
| Trading Volume (Daily) | Untracked | $1.8B | $1.5B | $1.2B |
| Customer Support | None | 24/7 live chat | 24/7 live chat | Community forums |
ADEN wins on fees and privacy. It loses on everything else: volume, support, asset selection, and trust. Kraken has been around for 11 years without a major hack. Bybit has $1.5 billion in daily volume. Uniswap has proven its model for years. ADEN has a whitepaper, a website, and a launch date.
Is ADEN Safe?
It’s decentralized, so your funds never leave your wallet. That’s good. But safety isn’t just about custody - it’s about execution. What if the Orderly Network goes down? What if the smart contract has a bug? What if the price oracle gets manipulated? There’s no insurance fund like Coinbase’s FDIC-backed USD deposits. No compensation policy. No audit reports published publicly.
ADEN is registered in Seychelles, which gives it legal structure, but doesn’t mean it’s regulated. If you lose money due to a smart contract glitch, you won’t get it back. You’re trusting code, not a company. That’s fine if you’re a DeFi veteran. It’s terrifying if you’re not.
The Bottom Line
ADEN is a bold experiment. It’s the first DEX to truly match CEX fees while staying fully decentralized. The tech is solid. The fee structure is unmatched. But none of that matters if no one’s trading.
If you’re a high-frequency trader who hates KYC and wants to avoid gas fees, ADEN is worth testing - with small amounts. Set up a wallet, connect to BNB Chain or Arbitrum, and try a $50 trade. See how fast it executes. See if you can find liquidity. See if you even get filled.
But if you’re looking for a reliable, proven platform to trade derivatives - stick with Kraken, Bybit, or OKX. They’ve earned their place. ADEN is still trying to earn its first trade.
Right now, ADEN feels like a prototype in search of a market. The pieces are there. The execution is smart. But without users, it’s just a beautiful empty room.
Is ADEN a legitimate crypto exchange?
Yes, ADEN is a legitimate decentralized exchange registered in Seychelles and built on the Orderly Network. It’s not a scam - the code is open, the infrastructure is real, and it operates as advertised. But legitimacy doesn’t mean it’s safe or reliable. It’s a new platform with no track record, no verified trading volume, and no customer support. Use it only with funds you can afford to lose.
Do I need KYC to use ADEN?
No, ADEN does not require KYC. You connect your WalletConnect-compatible wallet - like MetaMask, Phantom, or Coinbase Wallet - and start trading immediately. This makes it ideal for privacy-focused traders, but it also means you’re on your own if something goes wrong. There’s no account recovery, no support team, and no way to reverse a mistake.
Can I trade Bitcoin on ADEN?
You can’t buy Bitcoin directly on ADEN. But you can trade BTC/USDT perpetual futures - meaning you can go long or short on Bitcoin’s price using USDT as collateral. This is leveraged trading, not spot buying. You’re speculating on price movements, not owning Bitcoin.
Why is ADEN’s volume untracked on CoinMarketCap?
CoinMarketCap only tracks exchanges that provide verified, real-time trading data. ADEN either isn’t feeding data to aggregators, or its trading volume is too low to meet their minimum thresholds. This is a red flag. A real exchange with decent activity would have volume data within days of launch. The fact that it’s still untracked after five months suggests very little trading is happening.
Is ADEN better than Uniswap?
They’re not competitors - they serve different purposes. Uniswap is for swapping tokens on-chain. ADEN is for leveraged trading. If you want to buy ETH with USDC, use Uniswap. If you want to bet on ETH going up 50x with leverage, use ADEN. But Uniswap has proven liquidity and years of reliability. ADEN is still unproven.
What happens if ADEN shuts down?
Your funds stay in your wallet. Since ADEN is non-custodial, you never gave them control of your crypto. However, if the platform shuts down, you’ll lose access to the trading interface, order book, and price feeds. You won’t be able to close open positions or withdraw unrealized profits. You’d need to rely on third-party tools or wait for a fork or community-led recovery - which may never happen.
Jessica Eacker
Been using ADEN for two weeks now with a $200 position on BTC/USDT. Liquidity is surprisingly decent on Arbitrum, and I’ve had zero slippage on 15+ trades. No gas fees? Absolute game changer for scalping. I’m not saying it’s for everyone, but if you know what you’re doing, this is the cleanest DEX I’ve touched.