Compare
GMGN vs Photon
GMGN and Photon side by side — fees, cashback, chains and who holds your keys, plus what a trade actually costs on each.
The two, side by side
| GMGN | Photon | |
|---|---|---|
| Each buy/sell | 1 % | 1 % |
| Sign-up | none | none |
| Cashback | none | none |
| Keys | You | You |
| Chains | Solana, Base, BSC, ETH +9 more | Solana |
What one trade costs (buy + sell)
| Your trade | GMGN | Photon |
|---|---|---|
| $100.00 trade | $2.00 | $2.00 |
| $500.00 trade | $10.00 | $10.00 |
| $2,000.00 trade | $40.00 | $40.00 |
Platform fee only, entry cashback tier. Run your own numbers on the cost board.
Which one should you pick?
On a $5,000 trade, GMGN is the cheaper of the two. Beyond cost it comes down to which fits how you trade — here's each in short.
GMGN — Best token data
GMGN is where you go to understand a token before you buy it: holder maps, developer history, bundler detection and a safety scanner that flags rugs. Execution is a touch slower than Axiom on hot launches, and the screens are information-heavy, but no other terminal shows you as much.
Photon — The simple one
Photon has been around since 2023 and keeps things simple. It is stable, well documented and easy to learn, but it offers neither a referral discount nor cashback, so you pay the full 1 % on every trade, and it has fallen behind the others on features in 2026.