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Crypto · head to head

Moralis vs Phemex

Moralis logo

Moralis

Crypto

The easiest way to build Web3 apps

From
$149/month
Rated
-
Phemex logo

Phemex

Crypto

Break through with crypto

From
Free
Rated
-

The short version

  • Only Phemex has a free tier, so it costs nothing to try first.
  • Each has a real cost: Moralis the free plan is metered daily at 40,000 compute units rather than monthly, so a quiet week cannot offset a busy day; Phemex full KYC verification required for complete feature access and higher withdrawal limits
  • They diverge on capability: Moralis covers NFT API, Phemex covers Spot Trading.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Moralis and Phemex actually diverge.

Attributes where Moralis and Phemex differ
AttributeMoralisPhemex
Starting price$149/monthFree
Pricing modelsubscriptionUnknown
Free tierNoYes
PlatformsApi, WebWeb, Mobile
Founded20202019

Identical on both: user rating (Not yet rated), category (Crypto).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Moralis

  • NFT API
  • Token API
  • Wallet API
  • Streams
  • Auth API
  • EVM chains
  • Solana
  • Aptos

Only in Phemex

  • Spot Trading
  • Contract Trading
  • Copy Trading
  • Earn
  • Launchpad
  • PT Token
  • Ios support
  • Android support

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Moralis

  • Querying blockchain data across chains through a unified APInot Phemex
  • Building Web3 applications without running node infrastructurenot Phemex

Phemex

  • Spot trading across 600+ crypto assets with high-speed matchingnot Moralis
  • Perpetual futures contracts with up to 100x leverage (USDT-M and Coin-M)not Moralis
  • Automated trading with grid, Martingale, and signal trading botsnot Moralis
  • Copy trading to mirror top traders' strategiesnot Moralis
  • Staking and fixed/flexible savings for yield generationnot Moralis

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Moralis

  • The free plan is metered daily at 40,000 compute units rather than monthly, so a quiet week cannot offset a busy day
  • API throughput is 40 requests per second on both the free and the $49 Starter plan, so paying does not raise the rate limit at the first tier
  • Doubling throughput to 80 requests per second requires the $199 Pro plan
  • Every published price assumes annual billing

Phemex

  • Full KYC verification required for complete feature access and higher withdrawal limits
  • Specific trading fees not disclosed on primary page; requires navigation to separate Fees page
  • Leverage trading up to 100x carries high risk; platform requires user understanding of derivatives
  • On-chain trading carries smart contract and liquidity risks

Pricing, plan by plan

Moralis

$149/month
  • Starter$149/month
    • 2 million compute units
    • 40 RPS throughput
    • 11.25 USD per million CU overage
  • Pro$249/month
    • 100 million compute units
    • 80 RPS throughput
    • 5 USD per million CU overage
  • Business$749/month
    • 500 million compute units
    • 200 RPS throughput
    • 4 USD per million CU overage
  • Enterprise$null/custom
    • Custom compute units and throughput

Phemex

Free

No published plan breakdown. See the Phemex review.

Which should you pick?

Choose Moralis if

  • You need nft api.
  • You work on Api, Web.
  • You also want token api.

Choose Phemex if

  • You need spot trading.
  • You want to start without paying.
  • You work on Web, Mobile.
  • You also want contract trading.

Questions people ask

Is Moralis or Phemex better?
Neither clearly leads. Moralis starts at $149/month and Phemex at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Moralis or Phemex?
Phemex has a free tier; the other does not. Paid plans start at $149/month for Moralis and Free for Phemex.
Does Moralis or Phemex run on more platforms?
Moralis runs on Api, Web. Phemex runs on Web, Mobile.
Can I use Phemex for free?
Yes. Phemex has a free tier, so you can try it without paying. Moralis starts at $149/month.
What is Moralis best used for?
Moralis is most often used for querying blockchain data across chains through a unified api, building web3 applications without running node infrastructure. Of those, querying blockchain data across chains through a unified api and building web3 applications without running node infrastructure are not what Phemex is typically brought in for.
What can Moralis do that Phemex cannot?
Moralis covers NFT API, Token API, Wallet API, Streams. Phemex covers Spot Trading, Contract Trading, Copy Trading, Earn. Both handle Web support.

Answered from the vendors’ own pages

Moralis: How much does Moralis cost?

Moralis pricing is 149 USD/month (Starter with 2M compute units), 249 USD/month (Pro with 100M CU), or 749 USD/month (Business with 500M CU). Annual billing required for cryptocurrency payment option.

Source
Phemex: Are there subscription fees to trade on Phemex?

Phemex operates on a transaction-based fee structure rather than monthly subscriptions. Specific trading fee percentages are not listed on the homepage but are available in the linked Fees and Conditions section.

Source
Moralis: Is there a free tier?

Moralis does not offer a free tier; all plans require payment starting at 149 USD/month.

Source
Phemex: Can I practice trading without risking money?

Phemex offers simulated trading through their Testnet at testnet.phemex.com, described as learning to trade with zero risk. This allows users to practice strategies before trading with real funds.

Source
Moralis: What are the throughput limits?

Starter tier provides 40 RPS throughput, Pro tier provides 80 RPS, Business tier provides 200 RPS. Enterprise tier offers custom RPS limits.

Source
Phemex: Does Phemex offer rewards for new users?

New sign-ups receive a welcome bonus of 4,800 USDT worth of rewards. Phemex also offers a referral program providing 50 USDT for successful referrals with 10 USDT per referred friend.

Source
Phemex: What trading features does Phemex include without additional fees?

Core features including spot trading across 600+ crypto assets, futures trading with up to 100x leverage, automated trading bots, copy trading functionality, and Phemex Earn wealth management products are available to all users without indicated tier restrictions.

Source
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