| FEATURE | DYDX | EVEDEX |
|---|---|---|
| Type | DEX | HYBRID |
| Taker Fee | 0.05% | 0.045% |
| Maker Fee | 0.01% | 0.015% |
| Max Leverage | 20x | 100x |
| Perp Pairs | 120 | 48 |
| Spot Trading | Yes | No |
| KYC Required | No | No |
| Rating | 4.3 | 3.9 |
dYdX
PROS
- + 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
CONS
- − 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
EVEDEX
PROS
- + Zero blockchain gas fees for trading — orders matched off-chain on Eventum L3 with ~$0.01 settlement costs
- + Up to 100x leverage on BTC and major perpetual pairs with competitive 0.045% taker / 0.015% maker base fees
- + Non-custodial: funds remain in user-controlled smart contracts, eliminating counterparty risk
CONS
- − No spot or options markets — EVEDEX is perpetual-futures only (around 48 perp pairs such as BTC, ETH, SOL, XRP, LTC, LINK, DOGE)
- − Only USDT accepted as collateral — no multi-collateral support for diversified margin
- − Cross margin only — isolated margin is still on the roadmap, limiting per-position risk control
Frequently Asked Questions
Is dYdX or EVEDEX better?
dYdX has a higher rating (4.3 vs 3.9). EVEDEX offers lower fees (0.045% vs 0.05%). Choose dYdX for its features, and EVEDEX for lower fees.
What are the fees on dYdX vs EVEDEX?
dYdX charges 0.05% taker / 0.01% maker. EVEDEX charges 0.045% taker / 0.015% maker for perpetuals.