edgeX vs dYdX

Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.

LineedgeXdYdX
30-day volume#P05 · $37,261.0MEdge#P12 · $1,037.0M
Trading fees0.045% taker · 0.040% makerRegular users below $10M of 14-day volume pay 0.040% maker and 0.045% taker on perps. Six VIP tiers follow, from 0.038%/0.043% at $10M down to 0.015%/0.020% above $7B. Rates are recalculated daily at 00:00 UTC and sub-account volume is pooled with the main account.Edge0.050% 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 perk10% off trading fees, according to the promotional codes documented by affiliatesReferred users start at fee tier 3 instead of tier 1, worth up to $550 of fee savings
Max leverageup to 100×Edgeup to 50×
Perp markets292Edge78
Identity checkNot documentedNo KYC
CustodyNon-custodial, wallet or email (MPC) loginNon-custodial, wallet signature
Settles onedgeX Chain (StarkEx engine)dYdX Chain (Cosmos app-chain)
CollateralUSDCUSDC
Where it runsWebWeb
ChainsEVM · NobleEthereum, NobleEdge
Documented features5 of 10Edge4 of 10
Order bookYesYes
Cross marginYesYes
Spot tradingYesNot documented
Vaults / copy vaultsNot documentedYes
Copy tradingNot documentedNot documented
Stocks, gold or forexYesNo
Points programNoNo
APIYesYes
Mobile appNot documentedNot documented
Telegram botNot documentedNot documented

Which one should you pick?

Pick edgeX if

You trade an order book and want stock and forex perps next to crypto.

A serious order book with the same base rate as Hyperliquid on the taker side, but a maker fee where Hyperliquid pays a rebate. The venue lists almost 300 contracts including stock and forex perps, and the fee tiers are the easiest of the series to read.

pro.edgex.exchange

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

Other duels with edgeX