dYdX
Trade perpetuals on the most powerful decentralized exchange.
Overview
dYdX is a leading decentralized exchange (DEX) that specializes in perpetual contract trading. It offers a high-performance, order book-based trading experience similar to centralized exchanges but in a non-custodial manner. It is built on its own sovereign blockchain using the Cosmos SDK.
✨ Key Features
- Decentralized perpetuals trading
- Order book-based trading model
- Leveraged trading
- Non-custodial
- Governance via DYDX token
🎯 Key Differentiators
- High-performance order book model
- Zero gas fees for trading activity
- Fully decentralized, non-custodial infrastructure
Unique Value: Provides a fast, secure, and non-custodial platform for advanced crypto derivatives trading that rivals the performance of centralized exchanges.
🎯 Use Cases (3)
✅ Best For
- Decentralized perpetual futures trading
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Spot trading
- Yield farming
🏆 Alternatives
Offers a more traditional and high-throughput order book trading experience compared to AMM-based derivatives protocols.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
🔒 Compliance & Security
💰 Pricing
Free tier: The platform uses a maker-taker fee model, where fees are based on trading volume. There are no gas fees for placing or cancelling orders.
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