dYdX is a decentralized perpetual futures exchange on dYdX. Trading model: Order book on its own chain. It lists perpetual markets on traditional assets such as stocks, commodities or FX alongside crypto.
Open interest$39.64M#23 of 91 · 0.3% share
Volume · 24h$32.13MRolling 24h · CoinGecko
Fees · 30d$279.83K+2.5% vs prior 30d
OI · 30d change-13.1%Daily average vs prior 30 days
United States, Canada, United Kingdom, Iran, Cuba, North Korea, Syria, Myanmar, Crimea, Donetsk, Luhansk, other US comprehensively sanctioned regions source ↗as summarised in docs.dydx.xyz Compliance section United Kingdom added from dYdX help article 166970 (geo-restrictions for dydx.trade).
2025-10-10: dYdX Chain halted (~hours) during extreme volatility; resolved, funds safe per official incident review source ↗
Points program
Not live source ↗Surge incentives dropped the points structure in Aug 2025 (fee-based rewards/rebates instead)
Referral program
Yes. Benefit for the referred trader: “referred users enjoy fee tier discounts, starting at fee tier 3, which allows them to save up to $550 on fees” source ↗
From dYdX’s own documentation, terms, API or official posts, checked 08 Oct 2026. Terms change; confirm on the venue before trading. “Not verified yet” means we could not confirm it from an official source.
IS IT GROWING?
dYdX trend: Stable
0 metric(s) up, 0 down, 2 without a material change. The label counts metric directions; it is not a score and not investment advice.
Rank by open interest: #23 now · #19 30 days ago · #15 90 days ago (among venues reporting that day)
Metric
30 days
90 days
Coverage
Reading
Open interest
-13.1%
-27.7%
100%
30-day and 90-day moves disagree
User fees
+2.5%
—
100%
Little change over 30 days (90-day history not yet available)
Trading volume
—
—
2%
Not enough daily history yet
Thresholds: open interest ±25%, fees ±30%, volume ±40% over 30 days; the 90-day move must agree at half the threshold. Incentive campaigns can lift activity temporarily.
HISTORY
Activity over time
Open interest · daily
DefiLlama daily open interest · 180 days · 12 Apr 2026 – 08 Oct 2026
$39.64M
Gaps are not joined. The scale starts near the series minimum, not at zero.
User fees · daily
DefiLlama daily user fees, complete UTC days · 180 days · 06 Apr 2026 – 07 Oct 2026
$6.58K
Gaps are not joined. The scale starts near the series minimum, not at zero.
24h volume · daily capture
CoinGecko rolling 24h volume, one capture per UTC day
Daily volume history started on 8 October 2026; the chart appears after the second daily capture.
dYdX Chain Mainnet, a robust blockchain built with the CosmosSDK. This documentation is diligently maintained by the dYdX Operations subDAO to provide a comprehensive resource for validators, developers, and the dYdX community at large.
dYdX had $39.64M of open interest according to DefiLlama on 08 Oct 2026 · 12:17 UTC, ranking #23 of 91 perp DEXs we track by open interest. That is 0.3% of the combined open interest of the tracked venues.
How much volume does dYdX trade per day?
CoinGecko reported $32.13M of rolling 24-hour volume for dYdX on 08 Oct 2026 · 12:16 UTC. Venue-reported volume is not independently audited.
How much do traders pay in fees on dYdX?
Traders paid $279.83K in fees over the last 30 days according to DefiLlama, +2.5% compared with the previous 30 days.
Is dYdX growing?
Our current reading is “Stable”. Average open interest over the last 30 days changed -13.1% versus the prior 30 days. The reading updates daily and requires sufficient history and a minimum base.
Does dYdX have a token?
Yes, DYDX. It traded at $0.1357 with a market cap of $114.85M on 08 Oct 2026 · 12:15 UTC (CoinGecko). Token ownership does not by itself entitle holders to exchange revenue.
What are dYdX’s trading fees?
Taker 0.05% · maker 0.01% at the base tier, according to dYdX’s fee documentation. Higher-volume tiers and promotions can differ.
What is the maximum leverage on dYdX?
Up to 50× on some markets, according to dYdX’s documentation. Most markets allow less.
Does dYdX have a referral program?
Yes. Benefit for the referred trader: “referred users enjoy fee tier discounts, starting at fee tier 3, which allows them to save up to $550 on fees”.
DefiLlama oi history for listing “dydx-v4”, fetched 08 Oct 2026 · 12:17 UTC, SHA-256 23ddf8af26625dfd…
DefiLlama fees history for listing “dydx-v4”, fetched 08 Oct 2026 · 12:17 UTC, SHA-256 b62a71720a7bc293…
CoinGecko derivatives exchange id(s): dydx_chain
Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗