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dYdX
dYdX
Credits9
dYdX

dYdX

Partner DEX

dYdX is a decentralized perpetuals exchange on its own Cosmos appchain offering in-memory CLOB trading with 0% maker fees and 200+ markets.

DiscordX
Credits
Credits9
CB
CB25%
Pairs113
Vol 24h$14.3M
OI$46.7M
Fees—
Max Leverage
50x
MarginIsolated Cross
FeesMaker/Taker
0.010%
0.050%
Liquidation0.0100%
FundingHourly
Deposit Networks
dYdX
dYdX
Accepted Collateral
No collateral data
Protocol Info
Launch Date

Feb 1, 2021

Raised

$92.0M

Open Source

Fully Open Source

Last Audit

Oct 1, 2023

Supported Wallets
Coinbase Wallet
Coinbase Wallet
Keplr
Leap
MetaMask
MetaMask
OKX Wallet
OKX Wallet
Rabby
Rabby
WalletConnect
Supported Languages
English
Chinese
Japanese
Korean
Spanish
French
Italian
Turkish
Vietnamese
Restricted Regions
No Restrictions
Features

Trading Mechanics

Markets Offered
CryptoMeme CoinsIndexes
Account Type
Wallet-Based
Hedge Mode
Yes
Sub-Accounts
Yes
Native Collaterals
No
Settlement Type
On-Chain
Trading Model
Off-Chain CLOB
Liquidity Source
Protocol Vaults
Protocol Version
V4
Protocol Types
DEXLiquidity NetworkPerp DEXCLOBApp Chain

Product & Trading

Services Offered
Perpetual FuturesVaultsSpot TradingPrediction Markets
Order Types
Limit OrdersMarket OrdersPost-OnlyStop OrdersTrailing StopIocFok
Trading Tools
Account TrackingAPI TradingBridgeLeaderboardsTrading BotsFr Tools
Notifications
In-App AlertsEmailMobile App
Education
DocsAcademyTutorialsVideo Guides

UX & Safety

Interface Types
Web App
Mobile Experience
Ios AppBrowser AppAndroid App
UX Features
API TradingInteractive ChartsTradingviewWatchlistsDark ModeMobile-First Ui
Safety Features
InsuranceMev Protection

Infrastructure

Price Oracles
ChainlinkProprietary Oracle
Oracle Details
Slinky sidecar oracle runs alongside each validator; price data submitted via vote extensions in Cosmos consensus. On-chain TWAP used for mark price.
Account Features
SubaccountsYield On DepositsCross-Asset CollateralMcp Endpoint
Gas Optimization
Dydx Chain L1 Is Purpose-Built For Derivatives Using Cometbft Consensus To Process Trades Gaslessly For Users.

Rewards & Yield

Rewards Programs
Trading RewardsLiquidity MiningReferralsToken StakingAirdrop Program
Yield on Deposits
-
Staking Yield Source
Staking Yields Derived Directly From Protocol Trading Fees Paid In USDC Providing Stakers With Real Yield From Usage.
Points Program
Trading volume, OI, referrals via Surge program
Value Distribution
Value accrues to community through 100% fee distribution model to stakers and a robust DAO-managed treasury.
Token Utility
DYDX used for staking to secure the L1 network participating in governance and earning 100% share of revenue.

Fee Details

Fee Discounts
Token Staking,volume Tiers
Zero Fee Trading
No
Variable Pair Fees
Yes
Gas Fee Model
Fee Token Settlement
Funding Interval
Hourly
Funding Mechanism
Dynamic
Position Fee Types
Funding Rate
Fee Tier Details
Maker: 0.000%; Taker T1: 0.050%; T2: 0.040%; T3: 0.030%; T4: 0.020%; T5: 0.010%; higher tiers via staking
Additional Notes
Small portion of liquidation proceeds directed to Insurance Fund to protect protocol and stakers from systemic debt.
Fees
Fee Model
Maker/Taker
Fee Discounts
Token Staking,volume Tiers
Zero Fee Trading
No
Variable Pair Fees
Yes
Weighted Vol Days
30
Withdrawal Fee
$0
Withdrawal Delay
30-60 Min
Funding Interval
Hourly
Funding Mechanism
Dynamic

Volume-Based Fee Tiers

Tier30d VolumeMaker FeeTaker Fee
1$0 - $100k0.0200%0.0500%
2$100k - $1m0.0150%0.0400%
3$1m - $5m0.0100%0.0350%
4$5m - $10m0.0050%0.0300%
5$10m - $20m0.0000%0.0250%
6>$20m-0.0050%0.0200%
Articles

Articles

33
Campaigns

DEX Campaigns

10
dYdXdYdX
Ended
Promotion
dYdX Affiliate Booster
dYdX's recurring affiliate sprint: referral pools of $100K–$200K per cycle for affiliates bringing in new traders.
Prize Pool$100K–$200K pools per cycle
Time FrameRecurring
dYdXdYdX
Ended
Competition
EndedJun 30
dYdX Surge
dYdX's flagship points program: every taker trade earns Chaos Labs leaderboard points across monthly seasons — no registration — with up to $20M in DYDX across the program and season pools of $1M–$2.2M.
Prize PoolUp to $20M in DYDX
PhaseMonthly seasons
dYdXdYdX
Ended
Competition
EndedMay 31
Surge Season 14
May 2026's Surge season paired zero fees and liquidation rebates on BTC/BONK perps with $10,000 USDC weekly BONK RWA sprint pools.
Prize Pool$10K USDC weekly sprints
PhaseSeason 14
dYdXdYdX
Ended
Competition
EndedMar 31
Surge Season 12
March 2026's Surge season featured a $50,000 DYDX BONK Trading League and zero maker/taker fees on BTC and BONK perps.
Prize Pool$50K DYDX BONK league
PhaseSeason 12
dYdXdYdX
Ended
Trading Incentive
EndedMar 31
Liquidation Rebates
Qualify for dYdX liquidation rebates by earning points from qualifying events. Leaderboard competition for shares of up to $1M DYDX pool. Engage in leveraged trading to accumulate points and secure proportional rewards based on performance.
Time FrameLimited time
EndedMar 31
dYdXdYdX
Ended
Trading Competition
EndedMar 17
dYdX x Voltrade SOL Comp
SOL-USD trading competition via Voltrade. $5K rewards + $50 daily USDC prizes.
Prize Pool$5K+ prizes
Time FrameLimited time
dYdXdYdX
Ended
Competition
EndedFeb 28
Surge Season 11
February 2026's Surge season stacked three riders: a $100K BONK P&L league, zero fees on BTC and BONK perps, and a $200K affiliate booster cycle.
Prize Pool$100K league + $200K booster
PhaseSeason 11
dYdXdYdX
Ended
Competition
EndedNov 28
$250K Weekly Trading Leagues
dYdX's four-week league pilot: traders bucketed into top, middle, and lowest PnL tiers competed on volume for up to $250,000 in DYDX every week.
Prize PoolUp to $250,000 in DYDX weekly
Time FrameLimited Time
dYdXdYdX
Ended
Trading Incentive
EndedAug 17
dYdX Weekly Challenge Series
Four weeks of onboarding challenges: new dYdX users completing weekly tasks and volume goals shared $40,000 in rewards.
Prize Pool$40,000
Time FrameLimited Time
dYdXdYdX
Ended
Competition
EndedJul 28
$10K PUMP Trading Competition
Two-week PUMP-USD competition on dYdX: $10,000 split between the top 3 by realized PnL and the top 10 by volume.
Prize Pool$10,000
Time FrameLimited Time

DexPal Incentives

DexPal Credits

Earn credits from trading, quests, referrals, and ranking in the leaderboards.

RewardsDexPal Points
Start DateinfoLIVE
DEX Points Bonus

DexPal redistributes 90% of the referral points it earns from each DEX back to users.

RewardsPoints
Start DateinfoLIVE
DEX Competitions

DEX Specific leaderboard competition ranked by DexPal credits earned from trading.

Prize Pool$5,000 - $25,000
Start Date03/30/2026
The DegenBoard

A cross-DEX leaderboard competition ranked by credits earned from trading on any partner DEX.

Prize Pool$37,500
Start Date03/30/2026
Charts
    dYdX | DexPal