Aevo vs dYdX

Detailed side-by-side comparison of features, fees, and trading experience

Aevo

+ Unique options markets alongside perpetuals — one of the only DEX platforms offering onchain vanilla options alongside 130+ perpetual pairs
+ Competitive perpetuals fees at 0.08% taker / 0.05% maker, with maker rebates on options as low as 0.03%
+ No KYC required — fully non-custodial trading by connecting any EVM wallet, accessible globally except US, Canada, and China

− Maximum leverage of 20x is lower than competitors like Hyperliquid (40x) and GMX (50x) — not suitable for high-leverage seekers
− TVL of approximately $16M is significantly lower than leading perpetuals DEXs (Hyperliquid: $4.8B, GMX: $500M+) — may limit depth and liquidity
− Only USDC accepted as primary collateral — no multi-collateral support like some competing platforms

+ Competitive perpetuals taker fee of 0.05% at base tier with maker rebates rewarding liquidity providers, plus zero-fee periods on BTC and SOL markets and a Surge program offering 50% fee rebates
+ Fully decentralized governance — all protocol parameters including fees, market listings, and rewards are controlled by DYDX token holders through onchain voting
+ No KYC required — non-custodial trading via wallet connection with full onchain transparency on the dYdX Cosmos appchain

− Maximum leverage capped at 20x — significantly lower than competitors like Hyperliquid (50x) or GMX (100x) on major pairs
− Perpetuals remain restricted in the US, UK, and Canada — US traders can only access the new Solana spot product, not derivatives
− USDC-only collateral with no multi-collateral support — traders cannot use BTC, ETH, or other assets as perpetual margin

Is Aevo or dYdX better?

dYdX has a higher rating (4.3 vs 4.2). dYdX offers lower fees (0.05% vs 0.08%). Choose Aevo for its features, and dYdX for lower fees.

What are the fees on Aevo vs dYdX?

Aevo charges 0.08% taker / 0.05% maker. dYdX charges 0.05% taker / 0.01% maker for perpetuals.