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Compare the Difference

Why Traders Switch to dYdX

CEX

DEX

Trading Fees

10-20 bps Taker, 5-10 bps Maker

5–30 bps

Trading Rewards

None

None

Depositing Fees

$0-30

~$3–$20
(gas)

Custody

Custodial

exchange holds user funds

Self-Custody

Mobile Apps

Yes

No

2.5-5 bps Taker,

-1.1-1 bps Maker

On Every Trade + Monthly Surge Rewards

Free Deposits for Transfers 
over $100

Self-Custody

iOS & Android

Trading Fees

Trading Rewards

Depositing Fees

Custody

Mobile Apps

2.5-5 bps Taker,

-1.1-1 bps Maker

On Every Trade + Monthly Surge Rewards

Free Deposits for Transfers 
over $100

Self-Custody

iOS & Android

CEX

10-20 bps Taker, 5-10 bps Maker

None

$0-30

Custodial

exchange holds user funds

Yes

DEX

5–30 bps

None

~$3–$20
(gas)

Self-Custody

No

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Eligible Deposits of $100+ are

Instant & Free

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Cross-Platform Trading

Anytime. Anywhere. On-Chain.

A fully decentralized trading infrastructure supporting mobile, desktop, and API access. Designed for scale, speed, and 24/7 performance, offering deep liquidity, low-latency execution, and real-time on-chain rewards.
4,5
+200 Reviews
+50,000
Downloads

dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to other Restricted Persons. All use of dYdX software is subject to the dYdX Software Terms of Use.

dYdX International Ltd ("DI"), dYdX Trading Inc. dba dYdX Labs (“dYdX Labs”) and their affiliates do not develop, control or participate in the operation of any component of the dYdX protocol for public use.

To the extent this content describes anticipated features in the open source dYdX software, the implementation of these features in any live deployment of dYdX software will be decided by the relevant deployer community.

The information provided herein is for general informational purposes only, and DI reserves the right to update, modify, or amend any contents herein, at its sole discretion and without prior notice. Nothing herein should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act in any way by anyone.

Engaging in any activity involving crypto-assets (including staking, trading crypto assets and depositing into the MegaVault) is risky due to high volatility. Returns are not guaranteed and may fluctuate over time depending on multiple factors, and you may lose your entire investment, particularly when using leverage. The inclusion of any launchable market on dYdX does not represent endorsement of the projects and all listings are community-driven. You should perform your own research and due diligence before engaging in any activity involving crypto-assets. In no event will DI, dYdX Labs or their affiliates be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, arising from or in connection with the use of this content. By continuing to access this content, you agree to the above and accept the possibility of changes in the information provided.

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