dYdX

dYdX

4.2/5 · Data verified on

220+ markets perp; fee 0,02%/0,05% competitive; Cosmos PoS decentralized. Liquidation risk; less user-friendly vs CEX. Liquidation risk derivatives; complessità Cosmos chain

61
Transparency: Medium
61/100 · see methodology

Data & conditions

Liquidity model CLOB
Maker / Taker fee 0.01% / 0.05%
Markets Spot + Perp
Supported chains dYdX Chain (Cosmos SDK)
TVL (as of Jun 13) $327M
Native token DYDX
Fund custody Non-custodial (funds in your wallet)
KYC Full
Supported countries US, EEA, APAC, LATAM, MENA, AFRICA · 200+ countries
OAM Italy registration No
Segment B2C
MiCA / License status N/D (DEX Cosmos)

Strengths

  • 220+ markets perp; fee 0,02%/0,05% competitive; Cosmos PoS decentralized.

Weaknesses

  • Liquidation risk; less user-friendly vs CEX.

Verdict

A ★ 4.2/5

220+ markets perp; fee 0,02%/0,05% competitive; Cosmos PoS decentralized. Liquidation risk; less user-friendly vs CEX. Liquidation risk derivatives; complessità Cosmos chain

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

FAQ

Is dYdX truly decentralized?

dYdX is a non-custodial decentralized exchange: funds stay in your wallet. Liquidity model: CLOB. Governance token: DYDX.

Which blockchains does dYdX support?

dYdX is available on dYdX Chain (Cosmos SDK).

What is dYdX's TVL?

dYdX's Total Value Locked is about $327M (snapshot 2026-06-13). The figure is dynamic: check the live value on DefiLlama.

What are dYdX's fees?

dYdX's trading fees range 0.01% – 0.05%. On top of these there are on-chain gas fees, which vary with network congestion.

Does dYdX support perpetuals and leverage?

dYdX offers perpetual contracts, with up to 100x leverage. It supports spot token swaps.

Sources

Update history

  1. Entry rebuilt from the v2 canonical dataset (manually verified record).

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