| FEATURE | DYDX | EXTENDED |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.05% | 0.01% |
| Maker Fee | -0.011% | 0% |
| Max Leverage | 20x | 100x |
| Perp Pairs | 232 | 50 |
| Spot Trading | No | No |
| KYC Required | No | No |
| Rating | 4.3 | 4.1 |
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
Extended
PROS
- + Over 50 perpetual markets including cryptocurrencies and TradFi assets (gold, oil, S&P 500, Nasdaq) — unique among perp DEXes
- + Zero maker fees for LP vault participants, with taker fees starting at ~0.01% for competitive cost efficiency
- + Up to 100x leverage on major crypto pairs, among the highest available on Starknet
CONS
- − Restricted in the US, Cuba, Iran, North Korea, and Syria — VPN usage prohibited per Terms of Use
- − TVL and liquidity lower than leading perp DEXes like Hyperliquid, meaning less depth for large positions
- − Starknet L2 has lower adoption than Ethereum L1 or Solana — fewer integrated dApps and wallets
Frequently Asked Questions
Is dYdX or Extended better?
dYdX has a higher rating (4.3 vs 4.1). Extended offers lower fees (0.01% vs 0.05%). Choose dYdX for its features, and Extended for lower fees.
What are the fees on dYdX vs Extended?
dYdX charges 0.05% taker / -0.011% maker. Extended charges 0.01% taker / 0% maker for perpetuals.