dYdX
Perp DEX$0.1141.72% 24h
Visit dYdX ↗
Veteran
Veteran order-book perps, now on its own Cosmos appchain.
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For beginners
Reliable and proven, but the appchain setup is a small hurdle.
Key metrics
24h volume
$28.8M
7d volume
$279.3M
Total value locked
$101.0M
Open interest
$39.8M
Share of tracked perp volume
0.2%
Market cap
$96.7M
Maker / taker fee
−0.005% / 0.05%
Max leverage
50×
Trading pairs
73
Snapshot Oct 19, 2026 from public sources (the venue's own market API for volume and open interest, DefiLlama for TVL, CoinGecko for token price). Live values refresh in your browser where a source is available. Fields without a verifiable source show n/a.
The honest take
Pros
✓Long track record (since 2017) and battle-tested
✓Fully on-chain order book with pro order types
✓Stake the token to earn a share of protocol fees
Cons
✕Separate appchain adds a bridging step
✕Interface leans technical
Made your choice?
Start trading on dYdX
Non-custodial — connect your wallet and you stay in control of your funds. Leverage is high-risk; only trade what you can afford to lose.
dYdX ChainPerp DEX
Open dYdX ↗
Visit dydx.exchange
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Frequently asked about dYdX
Is dYdX safe to use?
dYdX has a dexwatch security score of 86/100 (Strong). Published audits and reviews: Informal Systems, Trail of Bits. Because it is non-custodial you keep control of your funds in your own wallet.
What are the trading fees on dYdX?
dYdX charges a maker fee of −0.005% and a taker fee of 0.05%. Makers are rebated for adding liquidity, which means you can be paid to provide orders to the book.
What is the maximum leverage on dYdX?
dYdX offers up to 50× leverage on supported markets. High leverage is extremely risky and can liquidate a position quickly — only trade what you can afford to lose.
Which blockchains does dYdX support?
dYdX operates on dYdX Chain.
Is dYdX good for beginners?
Reliable and proven, but the appchain setup is a small hurdle.
Head-to-head comparisons
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Open the Academy →Figures are a dated snapshot from public sources — they move constantly and are for reference only, not financial advice. Updated Oct 19, 2026. Spotted an error? Tell us.