| FEATURE | EDGEX | DYDX |
|---|---|---|
| Type | DEX | DEX |
| Taker Fee | 0.045% | 0.05% |
| Maker Fee | 0.04% | 0.01% |
| Max Leverage | 100x | 50x |
| Perp Pairs | 182 | 73 |
| Spot Trading | Yes | Yes |
| KYC Required | No | No |
| Rating | 4.2 | 4.0 |
edgeX vs dYdX: key differences
Opening and closing a $10,000 position with market orders costs $9.00 on edgeX and $10.00 on dYdX at base-tier taker fees, a difference of $1.00 per round trip.
For limit orders, edgeX charges makers 0.04%, while dYdX charges makers 0.01%.
edgeX 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.
edgeX lists 182 perpetual markets, dYdX lists 73.
edgeX is the more liquid venue, with $293M in 24-hour volume against $3M on dYdX (about 98 times more). Deeper books mean less slippage on large orders.
Neither exchange requires KYC: both are used by connecting a wallet.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| edgeX | dYdX | |
|---|---|---|
| Taker round trip on $10,000 | $9.00 | $10.00 |
| Maker round trip on $10,000 | $8.00 | $2.00 |
| Best-tier taker fee | 0.02% | 0.025% |
| BTC max leverage | 100x | 50x |
| Margin modes | cross, isolated | cross, isolated |
| 24h volume | $293M | $3M |
| TVL | $61M | $108M |
| Custody | non-custodial | non-custodial |
| Collateral | USDC | USDC |
| Deposit networks | Ethereum, Arbitrum, Base +5 more | Ethereum, Arbitrum, Optimism +6 more |
| Minimum order | — | $1 |
| Order types | 12 | 6 |
| Options | No | No |
| Mobile app | Yes | Yes |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | No | No |
| Insurance fund | Yes | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | 10 | 16 |
| Founded | 2023 | 2017 |
Choose edgeX if
- You mostly use market orders: 0.045% taker fee against 0.05% on dYdX.
- You want higher leverage: up to 100x against 50x.
- You trade smaller or newer markets: 182 perpetual pairs against 73.
- You trade size and need liquidity: $293M in 24-hour volume against $3M.
- You want a sign-up discount: 12% off fees through a referral link.
Choose dYdX if
- You place limit orders: 0.01% maker fee against 0.04% on edgeX.
edgeX
PROS
- + 182 perpetual markets in one USDC-margined account, including 98 stock and ETF perpetuals, commodities (gold, silver, crude oil, natural gas) and FX pairs such as USD/JPY and EUR/USD
- + Up to 100x leverage on BTC and ETH and 75x on SOL, with cross and isolated margin modes
- + No KYC required: connect an EVM wallet or sign in by email, and referred users get a 12% trading fee discount
CONS
- − Base perpetual fees of 0.040% maker and 0.045% taker are higher than the 0.012% maker and 0.038% taker edgeX charged on V1, and VIP 1 requires 10 million dollars in 14-day volume
- − USDC is the only margin asset, with no multi-collateral support
- − Restricted in the US, Canada, Cuba, Iran, North Korea, Syria, Myanmar and Crimea, Donetsk and Luhansk, and the terms prohibit using a VPN to bypass the block
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
Frequently Asked Questions
Is edgeX or dYdX better?
edgeX has a higher rating (4.2 vs 4). edgeX offers lower fees (0.045% vs 0.05%). Choose edgeX for lower fees, and dYdX for its features.
What are the fees on edgeX vs dYdX?
edgeX charges 0.045% taker / 0.04% maker. dYdX charges 0.05% taker / 0.01% maker for perpetuals.
Which has higher leverage, edgeX or dYdX?
edgeX offers up to 100x, and dYdX offers up to 50x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do edgeX and dYdX require KYC?
edgeX does not require KYC. dYdX does not require KYC. Both restrict some jurisdictions (edgeX lists 10; dYdX lists 16), so check the terms of service for your country before depositing.
Is edgeX or dYdX safer?
edgeX has been audited and runs an insurance fund, and custody is non-custodial. dYdX 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, edgeX or dYdX?
edgeX recorded $293M in 24-hour volume and dYdX recorded $3M, as of 2026-10-04. edgeX lists 182 perpetual markets and dYdX lists 73.