| Line | Aster | dYdX |
|---|---|---|
| 30-day volume | #P02 · $64,919.0MEdge | #P12 · $1,037.0M |
| Trading fees | 0.04% taker · 0% makerBase tier on the standard VIP schedule. Selected"Group B" crypto pairs are charged 0.1% taker, RWA pairs a flat 1.25 bps, and USD1-quoted pairs have their own schedule. Every maker fee is 0 bps.Edge | 0.050% taker · 0.010% makerSeven tiers on 30-day trailing volume across all markets: 5.0/1.0 bps below $1M, 4.5/1.0 above $1M, 4.0/0.5 above $5M, 3.5/0 above $25M, 3.0/0 above $50M, 2.5/-0.7 above $100M and 2.5/-1.1 above $200M, so the largest makers are paid. Staking DYDX adds a further discount on net positive fees; maker rebates are excluded from that discount. |
| New-user perk | You choose how the 10% default commission is split, so part of it can be returned to the referee as a fee discount | Referred users start at fee tier 3 instead of tier 1, worth up to $550 of fee savings |
| Max leverage | up to 1001×Edge | up to 50× |
| Perp markets | 610Edge | 78 |
| Identity check | Not documented | No KYC |
| Custody | Non-custodial, wallet or email login | Non-custodial, wallet signature |
| Settles on | Aster Chain (own L1) | dYdX Chain (Cosmos app-chain) |
| Collateral | USDC, USDT | USDC |
| Where it runs | Web, iOS, Android | Web |
| Chains | EVMBNB Chain | EVM · NobleEthereum, NobleEdge |
| Documented features | 9 of 10Edge | 4 of 10 |
| Order book | Yes | Yes |
| Cross margin | Yes | Yes |
| Spot trading | Yes | Not documented |
| Vaults / copy vaults | Yes | Yes |
| Copy trading | Yes | Not documented |
| Stocks, gold or forex | Yes | No |
| Points program | Yes | No |
| API | Yes | Yes |
| Mobile app | Yes | Not documented |
| Telegram bot | Not documented | Not documented |
Which one should you pick?
Pick Aster if
You trade from a phone and want a large book of crypto, stock and commodity perps.
Second-largest perp venue in the set and one of the cheapest for takers: 0.04% on the main book, 0% for makers. The trade-off is volume quality: DefiLlama's normalized figure is far below the reported one, and the points campaigns pay for activity.
asterdex.com
Pick dYdX if
You publish content about perps: the 30% to 50% taker-fee share with instant USDC payouts is the best economics here.
The most generous affiliate programme of the series, and the clearest case of a venue that lost the volume war: 78 active markets and $1.04B of 30-day volume, against $204B for Hyperliquid. The order book, the fee ladder and the payout mechanics are fully documented.
dydx.trade
