ArbiLayer
Centralized exchangeProof of reserves

BYDFi

Singapore-based centralized exchange (formerly BitYard) offering spot, up to 200x perpetuals, copy trading and an on-chain trading terminal.

Volume (24h)$188.81MUSDT markets tracked live
Coins259with USDT pairs
Spot / Perp markets300 / 0tracked by ArbiLayer
Base fees0.02% / 0.06%maker / taker, futures

About BYDFi

Singapore-based centralized exchange (formerly BitYard) offering spot, up to 200x perpetuals, copy trading and an on-chain trading terminal.

Spot
Maker0.1%
Taker0.1%
Base tier
USDT-M futures
Maker0.02%
Taker0.06%
Base tier
  • VIP tiers lower perpetual fees to as little as 0.008% maker / 0.032% taker
  • VIP benefits include up to 60% off futures fees, faster withdrawals and status matching
  • Leveraged tokens: 0.2% per trade plus 0.03% daily management fee

Withdrawals: Network-dependent; no deposit fees

VIP program

VIP program ↗

Tier is based on 30-day trading volume; levels updated daily at 08:30 UTC+8.

TierRequirementSpot makerSpot takerFutures makerFutures taker
VIP 0Default0.1%0.1%0.02%0.06%
VIP 6———0.008%0.032%

Proof of reserves

✓ Reserves verified
Proof of reserves
Published
Method
Periodic proof-of-reserves reports (since October 2024)
Frequency
Periodic
Auditor
Hacken
  • Reserve ratio stated above 100% for major assets (BTC, ETH, USDT)
  • 800 BTC protection fund (added September 2025)

Company

Founded
2020
Headquarters
Singapore (BYDFi Fintech Ltd)

Founders

MMichaelCo-founder

Leadership

MMichaelCo-founder and CEO

Products

SpotUSDT-M perpetuals (up to 200x)Copy tradingTrading bots (grid, Martingale, DCA)MoonX on-chain terminalLeveraged tokensBYDFi CardDemo trading

Licences & registrations

United States: FinCEN MSB registrationCanada: FINTRAC MSB registrationMember of South Korea's CODE VASP alliance

Not available in

Perpetuals restricted in the UK, EU/EEA and JapanCheck BYDFi restricted-country list

Incidents & regulatory history

  1. 2023Rebranded from BitYard to BYDFi in January 2023; no major publicly reported hack.

Volume, last 7 days

7 days agonow

Top markets

ArbiLayer does not track live markets on this exchange yet.
Sources · checked Oct 1, 2026
  1. bydfi.com
  2. coinbureau.com
  3. themexc.com
  4. investing.com
  5. decrypt.co