| FEATURE | DYDX | AVANTIS |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.05% | 0.0004% |
| Maker Fee | -0.011% | 0.0001% |
| Max Leverage | 20x | 500x |
| Perp Pairs | 232 | 80 |
| Spot Trading | No | No |
| KYC Required | No | No |
| Rating | 4.3 | 3.5 |
dYdX
PROS
- + Competitive perpetuals taker fee of 0.05% at base tier with maker rebates rewarding liquidity providers, and Surge program offering 50% fee rebates for active traders
- + 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
CONS
- − Maximum leverage capped at 20x — significantly lower than competitors like Hyperliquid (40x) or GMX (50x+) on major pairs
- − Restricted in the US, UK, and Canada — three of the largest crypto markets — plus multiple sanctioned jurisdictions
- − USDC-only collateral with no multi-collateral support — traders cannot use BTC, ETH, or other assets as margin
Avantis
PROS
- + Zero-Fee Perpetuals: pay no opening, closing, or borrowing fees on losing trades — only profit-share (as low as 2.5%) on wins
- + Maker fee of just 1 bps (0.01%) — among the cheapest in perp DEX space
- + Trade 80+ markets including crypto, forex, commodities, and indices from a single platform
CONS
- − Single-chain deployment on Base only — traders on other networks must bridge assets
- − Oracle-based execution means dependency on Chainlink feed reliability during extreme volatility
- − Only USDC accepted as collateral — must convert other stables first
Frequently Asked Questions
Is dYdX or Avantis better?
dYdX has a higher rating (4.3 vs 3.5). Avantis offers lower fees (0.0004% vs 0.05%). Choose dYdX for its features, and Avantis for lower fees.
What are the fees on dYdX vs Avantis?
dYdX charges 0.05% taker / -0.011% maker. Avantis charges 0.0004% taker / 0.0001% maker for perpetuals.