dYdX
softwareAbout
Decentralized perpetual futures exchange built on its own chain. Trade crypto perpetuals with no KYC and low fees.
Overview
dYdX is a pro-grade decentralized perpetuals exchange with 200+ markets, deep liquidity, and self-custody of assets. Competitive fees including zero-fee promotions and a generous 30-50% affiliate commission program make it appealing to active DeFi traders. Geographic restrictions excluding US residents and the inherent risk of leveraged crypto trading are significant considerations before using the platform.
Pros
- +Decentralized
- +No KYC
- +Good liquidity for DEX
- +Low fees
Cons
- -Limited to perpetuals
- -Less liquidity than CEX
- -Complex for beginners
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Details
Pricing
Model
freemium
Platforms
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