| FEATURE | EVEDEX | DYDX |
|---|---|---|
| Type | HYBRID | DEX |
| Taker Fee | 0.045% | 0.05% |
| Maker Fee | 0.015% | -0.011% |
| Max Leverage | 100x | 20x |
| Perp Pairs | 15 | 232 |
| Spot Trading | No | No |
| KYC Required | No | No |
| Rating | 3.9 | 4.3 |
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
- − Limited to ~15 perpetual futures pairs (BTC, ETH, SOL, XRP, LTC, LINK, DOGE, and others) — no spot or options trading yet
- − Only USDT accepted as collateral — no multi-collateral support for diversified margin
- − Relatively new platform launched in August 2025 — smaller track record compared to established DEXs
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
Frequently Asked Questions
Is EVEDEX or dYdX better?
dYdX has a higher rating (4.3 vs 3.9). EVEDEX offers lower fees (0.045% vs 0.05%). Choose EVEDEX for lower fees, and dYdX for its features.
What are the fees on EVEDEX vs dYdX?
EVEDEX charges 0.045% taker / 0.015% maker. dYdX charges 0.05% taker / -0.011% maker for perpetuals.