dYdX review
Last reviewed:
FlixoCrypt rating
Key facts
| Type | DEX (Exchanges (DEX)) |
|---|---|
| Trading fees | Maker 0.01% (perps, base tier; negative at the highest tiers) · Taker 0.05% (perps, base tier) |
| Withdrawal | Network fees |
| Free to use | Yes |
| KYC required | No |
| Regulated | No / limited |
| Supported assets | 60+ assets |
| Country availability | Global (non-custodial) |
| Restricted regions | United States (perps restricted) |
| Affiliate commission | CPA · None (protocol) |
| FlixoCrypt rating | 4 / 5 |
| Best for | Experienced traders wanting decentralised perpetuals |
| Last verified | 2026-11-09 |
Fees checked against the exchange's own fee page on . Checked against the fee page (AI-assisted, no named human reviewer): Tier 1 is 5.0 bps taker and 1.0 bps maker (0.05% / 0.01%). The automated extraction had read the bps figures as percentages.
Overview
dYdX is a decentralised exchange focused on perpetual futures, offering non-custodial, no-KYC leveraged trading with low maker/taker fees on its own chain. It suits experienced derivatives traders rather than beginners, and perpetuals carry significant liquidation risk. US access to perps is restricted. Spot/asset breadth is narrower than a large CEX.
Availability
dYdX is available in: Global (non-custodial). Restricted or excluded: United States (perps restricted). Always confirm availability for your country on the official site, as regional support changes. Availability, regulation and tax treatment vary by country. Check your local laws before trading, and confirm current details on the official site. Regional note — India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022. India availability (checked 2026-11-09): Its terms do not list India as restricted. This is not a statement that use is legal. Source: 1
Pros
- Decentralised perpetual futures
- Non-custodial, no KYC
- Low maker/taker fees
Cons
- Perps are high-risk and complex
- US perps access restricted
- Smaller asset set than CEX
Who it is for
- Best for: Experienced traders wanting decentralised perpetuals.
- Avoid if: You are new to leverage or want spot only.
Verdict
A capable decentralised perps venue for experienced traders; high-risk by nature.
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dYdX FAQ
What is dYdX? +
dYdX is a decentralised exchange focused on perpetual futures, offering non-custodial, no-KYC leveraged trading with low maker/taker fees on its own chain. It suits experienced derivatives traders rather than beginners, and perpetuals carry significant liquidation risk. US access to perps is restricted. Spot/asset breadth is narrower than a large CEX.
Is dYdX safe? +
dYdX is lightly regulated or non-custodial. No custodial breach; perpetuals trading carries high liquidation risk. As with any platform, use strong security and only hold what you need on it.
Does dYdX require KYC? +
No — KYC is not required (non-custodial or minimal verification), which shifts custody and compliance responsibility to you.
What are dYdX's fees? +
dYdX fees: maker 0.01% (perps, base tier; negative at the highest tiers), taker 0.05% (perps, base tier); withdrawals: Network fees. Always confirm current fees on the official site, as crypto fees change often.
Is dYdX available in my country? +
Available globally, with some regional restrictions. Restricted/excluded: United States (perps restricted). Availability, regulation and tax treatment vary by country. Check your local laws before trading, and confirm current details on the official site. Regional note — India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
What is dYdX best for? +
Experienced traders wanting decentralised perpetuals.
When should you avoid dYdX? +
Avoid dYdX if: You are new to leverage or want spot only.
What are the main pros and cons of dYdX? +
Pros: Decentralised perpetual futures; Non-custodial, no KYC; Low maker/taker fees. Cons: Perps are high-risk and complex; US perps access restricted; Smaller asset set than CEX.
Is dYdX regulated? +
No / limited. Decentralised protocol
When was this dYdX review last verified? +
This review was last verified on 2026-11-09 against the official site.
Published by Binary Tech Stay Solutions
Researched and drafted with AI from official sources, then checked by automated tests. Pages are not individually reviewed by a named human editor.
Last verified:
Sources
- dYdX — official site — verified
Insights for dYdX
Facts computed from our catalogue, refreshed daily (2026-11-13). How these are calculated. Informational only, not financial advice.
- Rating position
- #9 of 29 in Exchanges (DEX) (rated 4/5; category median 3.8). Higher than 68% of the other listings in the category.
- Alternatives
- 28 other listings in Exchanges (DEX). Browse the category.
- Base trading fees
- Maker 0.01%, taker 0.05% at the standard tier. Taker fee ranks #8 lowest of 16Exchanges (DEX) listings with fees on record (category median 0.05%); lower than 27% of them. Volume and token discounts are not compared.
- Visits and outbound clicks (last 5 days)
- 0 visits to this page and 0 clicks on its Visit links. First-party counts since 2026-11-09; known bots and Do Not Track visitors excluded.
- India availability
- Yes. 24.1% of Exchanges (DEX) listings are available in India.
- KYC and regulation
- KYC required: No (0% of the category). Listed as regulated: No (0% of the category).
- Reach
- Global availability stated ; 60 assets supported.
- Where it appears
- 1 best-of guide (Best No-KYC Crypto Platforms); 0 head-to-head comparisons.
- Freshness
- Review last verified 2026-11-09 (4 days ago). Fee page last fetched 2026-11-12.