dYdX
Decentralized perpetuals exchange running on its own Cosmos SDK app-chain with a fully on-chain order book, plus Solana spot trading.
Volume (24h)$2.80MUSDT markets tracked live
Coins73with USDT pairs
Spot / Perp markets0 / 73tracked by ArbiLayer
Base fees0.01% / 0.05%maker / taker, perp
About dYdX
Decentralized perpetuals exchange running on its own Cosmos SDK app-chain with a fully on-chain order book, plus Solana spot trading.
Trading fees
Official fee schedule ↗PerpetualsBase tier
Maker0.01%
Taker0.05%
- Staked DYDX gives fee discounts (up to 50% at Tier 1 with 20,000+ DYDX staked)
- Trading rewards: about 50% of fees rebated to traders after each trade via governance-set parameters
- Maker rebates at Tier 6+ ($100M+ 30d volume)
Withdrawals: network / bridge dependent
New users
Trading rebates and staking-based fee discounts
- About 50% of trading fees rebated after each trade
- Fee discounts for staked DYDX
Claim on dYdX ↗Terms and regional eligibility vary. Check the offer page before signing up.
Fee tiers
VIP program ↗Tier is based on 30-day trailing trading volume.
TierRequirementPerp makerPerp taker
Tier 1< $1M 30d volume0.01%0.05%
Tier 2≥ $1M 30d volume0.01%0.045%
Tier 3≥ $5M 30d volume0.005%0.04%
Tier 4≥ $25M 30d volume0%0.035%
Tier 5≥ $50M 30d volume0%0.03%
Tier 6≥ $100M 30d volume-0.007%0.025%
Tier 7≥ $200M 30d volume-0.011%0.025%
- TVL about $109M per DefiLlama (2026-10-01)
- Collateral (USDC) held on the dYdX Chain; order book and matching run by validators
Company
Founders
AJAntonio JulianoFounder
Leadership
AJAntonio JulianoCEO, dYdX Labs (returned Oct 2024)
EZEddie ZhangPresident, dYdX Labs
Products
Perpetual futures (200+ markets, up to 25x)Isolated markets / instant market listingsSolana spot trading (since Dec 2025, incl. US users)MegaVault liquidity vaultDYDX staking
Not available in
United States (perpetuals; spot available)CanadaUnited KingdomIranNorth KoreaOther sanctioned jurisdictions
Incidents & regulatory history
- 202510-11 Oct 2025: dYdX Chain halted for about 8 hours during the market crash after an order-of-operations bug in an isolated-market liquidation; claims reviewed for insurance-fund compensation.
- 2024July 2024: dYdX v3 website hit by a DNS hijacking attack; users warned not to interact with the compromised site.
- 2023November 2023: suspected manipulation of the YFI perpetual market caused about $9M loss to the v3 insurance fund.
Volume, last 7 days
7 days agonow
Top markets
ArbiLayer does not track live markets on this exchange yet.