dYdX Review 2026: Safety, Fees, KYC, Perpetual Trading & Complete DEX Guide
Our dYdX review 2026 examines the decentralized exchange's security, fees, KYC policy, perpetual trading, wallets, API tools, country restrictions, and key risks.
Exchange review
DEX
Active
dydx
dYdX Trade interface
Founded 2017
Best for
Best for users who want lighter onboarding, derivatives trading, and API access.
Summary
dydx is a decentralized exchange, operating as dYdX Trade interface and founded in 2017. It uses no listed identity check, does not list a fiat onramp, and has unclear proof-of-reserves disclosure.
Quick snapshot
- KYC
- None
- Fiat onramp
- Not listed
- Support
- Docs, Community, Discord, Forum
- Proof of reserves
- Not clarified
- Base fees
- Not listed
Brokerate score
89
/ 100
The score reflects the published trust, fees, transparency, and support signals we could verify on this profile.
- Founded
- 2017
Check official site
Use the official site to confirm live fees, regional access, and reserve reporting before funding an account.
Quick evaluation
A fast read on the main decision areas before the detailed profile sections.
Security
2 security controls are listed, including Bug bounty and Public pentest.
Fees
Base maker and taker fees are not listed. Deposit and withdrawal fee policies are disclosed.
KYC & fiat
None KYC is listed, no fiat onramp is listed, and support is available via Docs, Community, Discord, Forum.
Transparency
Proof-of-reserves support is not clarified. No recent reserve report date is listed.
Pros
- Support channels include Docs, Community, Discord, Forum.
- Derivatives markets are listed.
- API access is available.
Cons
- Proof-of-reserves support is not clarified.
- No fiat onramp is listed.
- No 24/7 support is listed.
Full exchange details
Overview
Company profile
- HQ country
-
—
Founded 2017
- KYC level
-
None
- Fiat support
-
Not listed
Access & funding
- Support channels
-
Docs, Community, Discord, Forum
Hours not listed.
- Proof of Reserves
-
Not clarified
- Fee snapshot
-
Not listed
Deposit and withdrawal policy disclosed.
Transparency
- Proof of Reserves
-
Not clarified
Proof-of-reserves support is not clarified in the profile.
- Assets proof
-
Not clarified
- Last report
-
Not listed
- Liabilities proof
-
Not clarified
No named auditor or method disclosure is listed.
Security & trust
Account protection signals disclosed in the profile and the latest trust context we could verify.
- Status
- Active
- Confidence
- 89/100
High-impact protections
No higher-impact account protections are disclosed in the profile.
Listed
0/4
Two-factor authentication
Not disclosed in the profile
Hardware 2FA
Not disclosed in the profile
Withdrawal whitelist
Not disclosed in the profile
Anti-phishing code
Not disclosed in the profile
Additional checks
- Session management
- No
- Bug bounty
- Yes
- Public pentest
- Yes
- Insurance disclosed
- No
Fees & policies
Trading fee disclosure, tier schedules, and any related policy notes in the profile.
Base maker and taker fees are not listed.
3 fee policy notes are listed.
Fee policy details
Deposit fees policy
No deposit fees (protocol-level)
Withdrawal fees policy
No withdrawal fees (platform)
Fee notes
Trading fees (maker/taker) apply Fees decrease based on trading volume Gas fees are variable No hidden fees (transparent)
Incidents
Publicly documented incident history in our current dataset.
No publicly documented incidents found in our current dataset.
Absence of incidents in this dataset is not a guarantee of safety or uninterrupted operations.
Product context
Listed product coverage and short editorial background for deeper comparison.
Coverage
Futures
Perpetuals
API (REST)
API (WebSocket)
Background
dYdX.trade is a decentralized cryptocurrency exchange focused on perpetual futures trading, allowing users to trade directly from their wallets without the need for account registration or KYC verification. Built with a non-custodial architecture, it gives users full control over...
Read full background
dYdX.trade is a decentralized cryptocurrency exchange focused on perpetual futures trading, allowing users to trade directly from their wallets without the need for account registration or KYC verification. Built with a non-custodial architecture, it gives users full control over their funds while providing a professional trading experience similar to centralized platforms.
The platform operates on its own blockchain (dYdX Chain) and offers high-speed order execution, advanced trading tools, and transparent on-chain operations. It is primarily designed for experienced traders who want access to leveraged trading in a fully decentralized environment without relying on intermediaries.
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