dYdX trading fees: everything you need to know

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dYdX trading fees: everything you need to know

Crypto trading costs on dYdX are among the most competitive on the market, especially for those who practice trading with leverage . Thought for users looking for efficiency and performance, the platform offers a dynamic cost structure , ideal for optimizing costs on crypto perpetual contracts , without sacrificing advanced trading features .

dYdX is today one of the decentralized trading platforms decentralized exchange like dYdX with the flexibility and speed of a CEX . dYdX 's features include the order book, conditional orders, margin trading, and integrated analysis tools, making the experience complete for all levels.

In this article, we will explain in detail how the costs are calculated on dYdX , what are the levels according to the volume exchanged, and especially how to reduce them as an active user of the dYdX trading . For a wider vision of the available tools, see our full guide on dYdX 's features and its overall operation with our opinion on dYdX .

Table of contents

How do trading costs work on dYdX ?

dYdX offers costs that vary according to your trading activity and depending on whether you are a maker (liquidity supplier) or Taker (liquidity lean). The trading platform follows a classic model of declining costs : the higher your trading volume over 30 days, the more you enjoy reduced trading costs .

Maker vs Taker: What difference?

In an exchange:

  • Maker : You create an order that is not immediately executed. You bring liquidity to the order book and pay lower costs, or even receive a discount.
  • Taker : you are running an existing order, consuming the liquidity present. Your costs are slightly higher.

The trading cost grid on dYdX

Here is a simplified version of the current structure:

Tier30 -day trading volumeFrais Taker (BPS)Maker fees (BPS)
1<$ 1M5.01.0
2≥ $ 1m4.51.0
3≥ $ 5M4.00.5
4≥ $ 25m3.5
5≥ $ 125m3.0
6≥ $ 125m and ≥ 0.5% Exchange market share2.5-0.5
7≥ $ 125m and ≥ 1% Maker market share2.5-0.7
8≥ $ 125m and ≥ 2% Maker market share2.5-0.9
9≥ $ 125m and ≥ 4% Maker market share2.5-1.1

Note: negative maker fees represent discounts where traders gain a percentage of the notional value by providing liquidity as makers.

  • Taker Fees : Applied when you remove the liquidity of the order book (Market Orders, Limit Orders who cross the Spread ).
  • Maker Fees/Rebates : Applied when you add liquidity to the order book (Limit Orders who do not cross the Spread ).
  • Calculation volume : Includes trading activity on all your sub-accounts and markets.

Important: Users can also obtain additional discounts thanks to the DYDX Staking staking the trading awards program .

Hidden fees: Watch out for Gas fees

Since the migration to the V4 of dYdX has been able to his own blockchain , gas costs have become insignificant for internal transactions. You no longer have to pay heavy fresh Ethereum to interact with the platform. This makes dYdX even more competitive compared to other Dex.

Comparison with CEX

By way of comparison:

  • Binance Pro takes an average of 0.1 % of costs on spot, lower on future (but prohibited in many countries).
  • Kraken Pro takes between 0.16 % (maker) and 0.26 % (taker) in spot.

On the dYdXplatform, even at the lowest volume, the costs are often 2 to 5 times lower than those of these large platforms. We can clearly say that dYdX is a trading solution for derivative products without intermediary with competitive costs.

Reduce your trading costs on dYdX : practical tips

To optimize your costs on the platform, here are several effective methods to set up:

1. Increase its trading volume

dYdX applies costs depending on the volume slipping over 30 days. The more you trade, the more you access the costs of reducing costs , which significantly lightens your bill, especially if you are an active user.

2. Use DYDX staking

Stoking on dYdX not only generates rewards paid in staking DYDX but also to obtain discounts on transaction costs . By holding and blocking your tokens, you improve your trading conditions passively.

3. Participate in the Rewards trading program

Each month, dYdX will reward the most active traders via distributions of dYdX . This system allows you to compensate for part of your costs and encourage regular volume. It is a great way to reduce the impact of Gas costs and amortize the overall costs of trading on dYdX .

To better understand dYdX works , we recommend that you consult our complete guide, which covers both trading tools, costs and optimization strategies.

What types of costs are there on dYdX ?

In addition to pure trading costs, other types of costs may apply:

Funding costs (Funding Fees)

On perpetual contracts , you must sometimes pay (or receive) funding fees to balance the difference between the market price and the reference price.

  • If the Funding Rate is positive, long (bullish) pay shorts.
  • If it is negative, it is the shorts (lowering) that pay long.

Withdrawal fees

When you remove your funds from the platform to another address, very low network costs (in DYDX) can apply to cover the cost of the Cosmos transaction.

No deposit fees

Good news: dYdX does not take deposit costs .

Why are low trading costs important on dYdX ?

dYdX has reduced costs that have several major impacts:

  • Improve your profitability on active trading strategies.
  • Facilitate scalping or day trading where each small movement counts.
  • Increase the liquidity of the order book, attracting more users and strengthening market depth.

Zoom on the Trading Rewards program

dYdX 's rewards program rewards rewards traders in token DYDX according to their volume and activity. dydx award is distributed by cycle (about a month), a fixed quantity of tokens is distributed according to:

  • The relative trading volume of each user.
  • The number of trades made.

The awards are calculated automatically and distributed in DYDX directly on your account. You can then resell them, trader or stike. 

These campaigns depend on the choices of the governance of dYdX.

dYdX V4: an even more decentralized model

With dYdX V4, the platform has migrated to a blockchain based on Cosmos SDK. This means:

  • No central authority to modify the costs unilaterally.
  • Minimum gas fees integrated into the protocol.
  • Reduction of trading cost compared to previous versions in Ethereum LAYER 2 .

Conclusion: dYdX, a solid choice for low -fresh trader

dYdX is a platform that is distinguished in the world of decentralized cryptocurrency trading thanks to an ultra-competitive cost policy. Whether for regular traders or users looking for a trading experience , it offers a powerful and optimized environment.

With the absence of deposit costs, the possibility of further reducing your costs via staking , and an attractive reward program, dYdX allows you to maximize your yields while keeping total control over your funds. The launch of dYdX Unlimited , based on Cosmos V4, further reinforces the sovereignty of the user and the efficiency of the protocol.

The pairs available on dYdX cover a wide range of assets, and the platform continues to establish itself as a credible alternative to centralized exchanges.

In summary, if you are looking to improve your results via the reduction in costs, dYdX represents a robust and decentralized solution, perfectly suited to the modern requirements of cryptocurrency trading .

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