| FEATURE | DYDX | EXTENDED |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.05% | 0.025% |
| Maker Fee | 0.01% | 0% |
| Max Leverage | 50x | 100x |
| Perp Pairs | 73 | 326 |
| Spot Trading | Yes | Yes |
| KYC Required | No | No |
| Rating | 4.0 | 4.1 |
dYdX vs Extended: key differences
Opening and closing a $10,000 position with market orders costs $5.00 on Extended and $10.00 on dYdX at base-tier taker fees, a difference of $5.00 per round trip.
For limit orders, dYdX charges makers 0.01%, while Extended charges makers nothing.
Extended allows up to 100x leverage against 50x on dYdX. The headline figure usually applies to a few markets only, so check the limit on the pair you trade.
Extended lists 326 perpetual markets, dYdX lists 73.
Extended is the more liquid venue, with $181M in 24-hour volume against $3M on dYdX (about 60 times more). Deeper books mean less slippage on large orders.
Neither exchange requires KYC: both are used by connecting a wallet.
Margin is posted in USDC on dYdX and in USDC, USDT, wBTC, ETH +1 more on Extended.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| dYdX | Extended | |
|---|---|---|
| Taker round trip on $10,000 | $10.00 | $5.00 |
| Maker round trip on $10,000 | $2.00 | $0 |
| Best-tier taker fee | 0.025% | 0.025% |
| BTC max leverage | 50x | 50x |
| Margin modes | cross, isolated | cross, isolated |
| 24h volume | $3M | $181M |
| TVL | $108M | $122M |
| Custody | non-custodial | non-custodial |
| Collateral | USDC | USDC, USDT, wBTC, ETH +1 more |
| Deposit networks | Ethereum, Arbitrum, Optimism +6 more | Starknet, Ethereum, Arbitrum +5 more |
| Minimum order | $1 | $10 |
| Order types | 6 | 7 |
| Options | No | No |
| Mobile app | Yes | No |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | No | No |
| Insurance fund | Yes | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | 16 | 13 |
| Founded | 2017 | 2024 |
Choose dYdX if
- You trade from a phone: dYdX has a mobile app.
Choose Extended if
- You mostly use market orders: 0.025% taker fee against 0.05% on dYdX.
- You place limit orders: 0% maker fee against 0.01% on dYdX.
- You want higher leverage: up to 100x against 50x.
- You trade smaller or newer markets: 326 perpetual pairs against 73.
- You trade size and need liquidity: $181M in 24-hour volume against $3M.
- You want to post margin in more than one asset.
dYdX
PROS
- + Base tier perpetuals fees of 0.05% taker and 0.01% maker, falling to 0.025% taker and a -0.011% maker rebate at 200 million USD of 30-day volume
- + Staking discount on trading fees: 3,000 staked DYDX cuts base tier fees by 25%, and 20,000 staked DYDX cuts them by 50%
- + Onchain governance by DYDX token holders controls fees, market listings and rewards, with 75% of protocol fees directed to DYDX buybacks
CONS
- − Low liquidity in 2026: 24-hour perpetuals volume was about 3 million USD on October 4, 2026, and the active market count fell from 114 to 73 in three months as governance wound down low-activity markets
- − 50x leverage is available only on BTC and ETH; SOL is capped at 20x and the other 70 markets at 5x or 10x
- − Perpetuals are restricted in the US, UK and Canada, so US traders can only use the Solana spot product
Extended
PROS
- + 326 active perpetual markets: 195 crypto and 131 real-world asset markets, including 112 equities plus gold, oil, FX and stock indices
- + 0% maker fee and 0.025% taker fee on crypto markets, 0.010% taker fee on RWA markets, and maker rebates up to 0.010% for a 30-day market share of 5% or more
- + Multi-asset collateral: USDC counts at 100% of its value toward margin, USDT at 95%, and wBTC, ETH and XVS vault shares at 90%
CONS
- − Restricted in the United States, United Kingdom, Canada, Russia, Hong Kong, Seychelles and sanctioned countries (Cuba, Iran, North Korea, Syria); the Terms of Use forbid using a VPN to bypass this
- − BTC and ETH leverage is capped at 50x, and the 100x maximum applies only to the EUR/USD market
- − TVL of about 122 million dollars and 24-hour volume of about 181 million dollars are well below the largest perp DEXes, which means less depth for large orders
Frequently Asked Questions
Is dYdX or Extended better?
Extended has a higher rating (4.1 vs 4). Extended offers lower fees (0.025% 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 / 0.01% maker. Extended charges 0.025% taker / 0% maker for perpetuals.
Which has higher leverage, dYdX or Extended?
dYdX offers up to 50x, and Extended offers up to 100x (50x on BTC). Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do dYdX and Extended require KYC?
dYdX does not require KYC. Extended does not require KYC. Both restrict some jurisdictions (dYdX lists 16; Extended lists 13), so check the terms of service for your country before depositing.
Is dYdX or Extended safer?
dYdX has been audited and runs an insurance fund, and custody is non-custodial. Extended has been audited and runs an insurance fund, and custody is non-custodial. Neither audits nor insurance funds remove smart contract risk, so size deposits accordingly.
Which has more trading volume, dYdX or Extended?
dYdX recorded $3M in 24-hour volume and Extended recorded $181M, as of 2026-10-04. dYdX lists 73 perpetual markets and Extended lists 326.