dYdX
by dYdX Foundation
Decentralized perpetual futures exchange with no KYC and low fees
Score
Score
Our verdict
dYdX is the leading decentralized perpetual futures exchange offering crypto trading without KYC, with low fees and up to 20x leverage.
Overview
Screenshot
Score breakdown
Overall score
Scores are editorial assessments by the Compare Best AI team on a 0–10 scale.
Expert review
CompareBestAI Team
Compare Best AI · Editorial Team
dYdX is the largest decentralized perpetual futures exchange. Trading doesn't require KYC (identity verification), and trades execute on its own blockchain (dYdX Chain). Low maker/taker fees and up to 20x leverage. dYdX is for experienced crypto traders comfortable with decentralized protocols.
How we tested
Days tested
30 days
Tasks evaluated
- ·Trading experience
- ·Fee comparison
- ·Decentralization evaluation
Method
Compared against centralized exchanges
Reviewer
CompareBestAI Team
Plans & pricing
Free
DeFi traders
- No KYC
- Low fees
- 20x leverage
- Perpetual futures
- Self-custody
Pricing may vary by region. Always verify on the vendor's website.
Feature comparison
| Feature | dYdX | Binance | GMX |
|---|---|---|---|
| Leading decentralized perps exchange |
Is it right for you?
Good fit for
DeFi traders
Decentralized trading without KYC
Less suited for
Beginners
Complex DeFi protocol
Regulation seekers
Decentralized = less regulatory protection
User reviews
Editorial score
Distribution is estimated from our editorial score. Verified user reviews coming soon.
Use cases
Typical ways teams rely on this tool — from everyday tasks to specialized workflows.
- Decentralized futures
- No-KYC trading
- DeFi
Integrations
Reported connectors
Apps and services commonly connected out of the box or via official connectors.
- Wallet connections
- API
Details
Category
Price
- $0/mo
Free version
Best for
- Decentralized perpetual futures
- Non-custodial derivatives trading
- API-driven trading strategies
Frequently asked questions
dYdX
Finance & Trading
Ready to get started?
Visit the dYdX website to explore plans and start your free trial.
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