GMGN vs Every Other Terminal

Where the Numbers Come From

Every revenue figure on this page is DefiLlama trailing 30-day fee data, pulled on 3 September 2026, with the earlier 6 August and 11 August pulls kept wherever the ordering they produce differs. Every fee percentage is quoted from the platform's own documentation, or marked unverified where we could not reach that documentation. We print the source and the date because the rest of this category does not: the comparison pages currently ranking for these queries order their winners by affiliate rate and publish no dataset at all, which is how Photon ends up rated the best terminal of 2026 while collecting $0.75M against Axiom's $38.93M. If a figure here is unverified, we label it unverified rather than rounding it into a claim, and if DefiLlama does not track a platform we say that rather than printing a zero. The same data on one normalized basis, across 24-hour, 7-day, 30-day and lifetime windows, is in the terminal fee and market-share snapshot, which is the page to read if two outlets have told you different things about who leads this category.

What Does GMGN Bring to This Comparison?

GMGN is a multichain memecoin trading terminal and Telegram bot suite covering Solana, BSC, Ethereum, Base, Tron and Blast. It charges a flat 1% per trade, documented at one rate across every chain, with no subscription and no sniper surcharge. What you pay for is discovery and automation: the trenches and new-pair feeds, smart money and insider wallet tracking, wallet radar, the X tracker, contract security checks with honeypot detection, copy trading, limit orders, auto buy and sell, and trailing take-profit and stop-loss. The full picture is in what GMGN is, and the trading surface is covered in the trenches and sniper guide.

Which Terminal Is Cheapest Per Trade?

Almost everyone in this category is quoted at 1%, so the headline rate separates almost nothing across the middle of the table. It separates a lot at the edge. Azura's own fee documentation states a 0% platform fee on spot buys and sells, cross-chain swaps, trigger orders and Quick Buy. What you still pay there is execution cost: network gas, DEX routing fees of roughly 0.1% to 0.3% per pool set by the liquidity protocol, and a bridge fee on cross-chain swaps, all of which Azura's docs are explicit go to validators and liquidity providers rather than to Azura. Every terminal on this page routes through those same pools, so that cost is common to all of them and the 1% the others document sits on top of it. Among the platforms that do take a cut, what separates them is what happens to that 1% afterwards, which chains you can reach, and whether the automation you need exists. Axiom's documentation gives part of the fee back through volume tiers. Photon publishes no rebate. Several of the smaller terminals advertise cashback tiers we could not confirm from a primary source, which is a reason to check the offer yourself rather than to trust a comparison table, this one included.

Why Can't a Zero-Fee Terminal Rank in a Fee Table?

Because revenue rank and cost to the trader are two different measurements that happen to move together for most of this cohort, and come apart completely at zero. A terminal that takes no cut collects no fees, so a table ordered by fee revenue can only render it as $0.00M, below BONKbot, which reads as irrelevant when it means free. That is a flaw in ranking by revenue, not a finding about the platform. The fee model column exists so the two questions stay apart: the revenue column answers how much of this category a platform captures, and the model column answers what it charges you. Azura is the case that made the gap visible, and it carries no revenue figure at all rather than a zero, because DefiLlama does not track it: we checked the full protocol list on 3 September 2026 and Azura is not among the 8,179 entries. We have no independent measure of its size, and the table says so instead of implying one.

Which Terminal Suits Which Trader?

GMGN documents no user-side rebate at all, and the difference goes into chain coverage and tooling, which is a defensible trade if you trade BSC or Base and a poor one if you only trade Solana. Price your own case with the all-in trade cost calculator and against the GMGN fee guide, where priority fees and tips usually turn out to cost small traders more than the 1% does.