Skip to content
PerpFinder
Live Data

dYdX Perpetual Futures

dYdX Perpetual Futures — Live Data

Market Overview

dYdX is one of the largest decentralized perpetual futures exchanges, having migrated to its own Cosmos appchain for dYdX v4. DYDX perpetual futures are available on centralized exchanges. Trading DYDX perps is a meta-trade on the decentralized derivatives sector itself — the token's value is directly tied to trading volume on the dYdX platform.

DYDX Perps Data — DeFi Category

This page presents perpetual futures analytics for DeFi protocol tokens, covering trading volume, open interest, funding rates, and liquidation data across major exchanges. DeFi perp data is particularly valuable when cross-referenced with on-chain TVL metrics — tokens with rising open interest but declining TVL often face mean-reversion pressure. Funding rate divergences between DeFi governance tokens can signal which protocols are attracting speculative positioning ahead of governance votes or fee-switch proposals. Volume spikes in DeFi perps frequently coincide with yield farming rotations and liquidity mining events.

Trading Tips for dYdX Perps

DYDX is the purest play on decentralized perps growth. Track dYdX platform volume and compare it against competitors like GMX and Jupiter Perps. Protocol revenue from trading fees accrues to DYDX stakers, making platform volume a direct fundamental indicator.

Where to Trade dYdX Perpetual Futures

dYdX perpetual futures are available on 10 exchanges. Compare fees, leverage, and features below to find the best platform for trading DYDX perps.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Maker Fee
0.015%
Taker Fee
0.045%
Max Leverage
50x
Rating
9.2/5
dYdX logo
dYdX
dYdX Chain (Cosmos)
Maker Fee
0.010%
Taker Fee
0.050%
Max Leverage
100x
Rating
9.0/5
Kwenta logo
Kwenta
Base, Optimism
Maker Fee
0.020%
Taker Fee
0.060%
Max Leverage
100x
Rating
8.4/5
Gains Network logo
Gains Network
Arbitrum, Polygon, Base
Maker Fee
0.080%
Taker Fee
0.080%
Max Leverage
1000x
Rating
8.0/5
Apex Omni logo
Apex Omni
Ethereum, Arbitrum, BSC, Polygon
Maker Fee
0.020%
Taker Fee
0.050%
Max Leverage
100x
Rating
8.0/5
Maker Fee
0.010%
Taker Fee
0.020%
Max Leverage
100x
Rating
7.8/5
Orderly Network logo
Orderly Network
NEAR, Arbitrum, Optimism, Base, Polygon, Ethereum, Mantle, Avalanche, Solana, SEI
Maker Fee
Free
Taker Fee
0.030%
Max Leverage
50x
Rating
7.8/5
DESK logo
DESK
Arbitrum, Base
Maker Fee
-0.010%
Taker Fee
0.017%
Max Leverage
1000x
Rating
7.8/5
Aevo logo
Aevo
Aevo L2
Maker Fee
0.050%
Taker Fee
0.080%
Max Leverage
20x
Rating
7.5/5
EdgeX logo
EdgeX
Ethereum, Arbitrum
Maker Fee
0.020%
Taker Fee
0.050%
Max Leverage
100x
Rating
7.5/5

Frequently Asked Questions — dYdX

What is the current DYDX perpetual futures funding rate?
The live dYdX funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing DYDX perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest DYDX perp trading fees?
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 DYDX perpetual futures trade across all major exchanges. Compare fees for DYDX perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does dYdX open interest compare across exchanges?
dYdX open interest is broken down by exchange in the chart above, showing the total value of outstanding DYDX derivative contracts on each platform. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the DYDX long/short ratio indicate?
The dYdX long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade DYDX perpetual futures?
dYdX perps are currently listed on 10 exchanges. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each platform.

Category: DeFi · Data updates every 2 minutes · All rates shown are annualized