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dYdX
Supported DEXdYdX runs on dYdX Chain, a proof-of-stake L1 built on CometBFT and CosmosSDK, where validators hold the orderbook in memory off-chain and commit matched trades on-chain; fees are uniform across all ma
Credits
9
per $10k volume
- Volume 24h
- $392M▲5.69%
- Open Interest
- $112M
- Fees 24h
- $13.2K
- Max Leverage
- 50x
Asset Categories
- Crypto
- Metals
- Commodities
- Stocks
- ETF
- RWA
- Forex
Deposit Networks
dYdX
dYdXAccepted Collateral
USDC
USDCProtocol Info
Launch Date
Feb 1, 2021
Raised
$92.0M
Open Source
Fully Open Source
Last Audit
Jul 8, 2024
Supported Wallets
D
Dydx Trade Frontend Mnemonic ExportE
Ethereum Wallet Via Typed Data OnboardingSupported Languages
EnglishChineseJapaneseKoreanRussianFrench
Restricted Regions
No Restrictions
Trading and orders
Markets, leverage and the controls available before you enter a position.
- Order Matching Model
- Off-chain Clob
- Max Leverage
- 50
- Margin Modes
- Isolated Cross
- Supported Order Types
- Limit Orders, Market Orders, Stop Orders
- Position Hedge Mode + Isolation Level
- Yes
- Subaccount Support
- Yes
More about trading and orders
- Reduce-Only Orders
- Yes
- TP/SL on Entry
- No
- Time In Force Options
- IOC
Costs and funding
Trading charges, discounts and the cost of keeping a position open.
- Trading fee model
- Maker/Taker
- Maker Fee (Base)
- 0.010%
- Taker Fee (Base)
- 0.050%
- Funding Rate Interval
- 1 Hr
- Liquidation Fee / Penalty
- 1.5000%
- Fee Discount Mechanism
- Volume Tiers, Token Staking
More about costs and funding
- Variable Pair-Fee Schedule
- Yes
- Funding Rate Calculation
- Dynamic
- Gas Fees — Order Management
- protocol txs require gas; payable in USDC or cosmos-native dydx from main wallet (not subaccount); frontend leaves small usdc for gas when sweeping
- Fee Inclusion Notes
- liquidation max penalty 1.5% to insurance fund; builder-code fees added on top of each fill (ppm); third-party bridge/deposit fees via Skip/IBC
- Zero-Fee Promotion
- No
Collateral and exits
What you can deposit, where funds are held and how you get them back.
- Accepted Collateral Types
- USDC
- Account Model
- Wallet-Based
- Withdrawal Fee
- Bridge Provider Quote
- Withdrawal Settlement Time Median
- 1-10 Min
- Cross-Chain Deposit Method
- Skip Go, IBC
- Multi-Collateral Support
- No
More about collateral and exits
- Yield on Idle Collateral / Equity
- No Yield
Security and risk
Audits, liquidation rules and who can change the system.
- Audit Firms
- Informal Systems
- Most Recent Audit Date
- Jul 8, 2024
- Oracle Provider(s)
- Proprietary Oracle
- Open Source Code
- Fully Open Source
- Negative Balance Protection
- Yes
- Mark vs Last Price Liquidation
- Index Price
Token and rewards
Token utility, points and referral programmes available to traders.
- Native token lifecycle
- Launched
- Ticker/Token Symbol
- dydx
- Has Points Program
- Yes
- Points System Name
- Surge Program
- Points Earning Mechanism
- Trading volume, OI, referrals via Surge program
- Referral Program Exists
- Yes
More about token and rewards
- Rewards Programs
- Trading Rewards, Referrals, Token Staking
- Token Use Cases
- Governance, Staking Rewards, Gas, Fee Discount
Access and experience
Regional restrictions, wallet requirements and ways to use the venue.
- Geo-Restrictions
- United States, Canada, Iran, Cuba, North Korea, Syria, Myanmar, Crimea, Donetsk, Luhansk
- Native Chain
- Cosmos Appchain
- Mobile App
- Browser App
- Gas Abstraction
- User Pays Native
- Trading surfaces and pre-trade views
- Web App
Venue notes
fully decentralized oss stack not operated by dydx trading inc; off-chain in-memory orderbook with on-chain settlement; usdc quote collateral; geo note outside mirror Funding Rate Cap: No single global funding cap; per-market 8-hour cap = 600% * (Initial Margin - Maintenance Margin), e.g. BTC-USD Large-Cap tier capped at 12% per 8h, with Mid-Cap and Long-Tail tiers differing. Position Hedge Mode + Isolation Level: no native hedge mode: an opposite-direction order in the same market/subaccount nets against (closes) the existing position rather than opening a separate one; isolation is per-subaccount -- cross-margined parent subaccounts (0-127) net positions per market and isolated child subaccounts (128-128,000) hold exactly one position each -- so simultaneous long+short exposure to the same market requires using two different subaccounts Has Native Collateral: No dYdX-issued stablecoin or LST; CONFIRMED FACT collateral is USDC only (a third-party stablecoin). Variable (Non-USD-Quote) Pairs: No non-USD-quoted pairs found; every live market reviewed (BTC, ETH, SOL, PAX Gold, Silver, WTI Crude, Tesla xStock, Nasdaq ETF, EUR, BRL) is quoted/traded against USD. Zero-Fee Promotion: No zero-fee promotion currently active; the lowest published tier (Tier 1) still charges 5.0 bps taker / 1.0 bps maker, and no 0% market or promotional banner was found live.
Fee tiers
Fee Model
Maker/Taker
Fee Discounts
Volume Tiers,token Staking
Zero Fee Trading
No
Variable Pair Fees
Yes
Weighted Vol Days
30
Withdrawal Fee
$0
Withdrawal Delay
1-10 Min
Funding Interval
1 Hr
Funding Mechanism
Dynamic
Volume-Based Fee Tiers
| Tier | 30d Volume | Maker Fee | Taker Fee |
|---|---|---|---|
| 1 | $0 - $100k | 0.0200% | 0.0500% |
| 2 | $100k - $1m | 0.0150% | 0.0400% |
| 3 | $1m - $5m | 0.0100% | 0.0350% |
| 4 | $5m - $10m | 0.0050% | 0.0300% |
| 5 | $10m - $20m | 0.0000% | 0.0250% |
| 6 | >$20m | -0.0050% | 0.0200% |
Promotion
Trading Incentive
Fee Discount
Trading Competition
