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dYdX vs Decibel: which perp DEX is better?

A side-by-side comparison of dYdX and Decibel on fees, leverage, volume, chain and token.

dYdXDecibel
24h volume$39M$25M
Maker fee1 bpsn/a
Taker fee5 bpsn/a
Max leverage100x40x
ModelOrderbookOrderbook
ChaindYdX Chain (Cosmos)Aptos
Token$DYDXNo token
AssetsCryptoCrypto

dYdX vs Decibel: which should you choose?

If your priority is cost, dYdX wins on taker fees (5 bps). For maximum leverage, dYdX goes up to 100x. For depth and liquidity, dYdX trades the most volume of the two.

dYdX runs a orderbook on dYdX Chain (Cosmos), while Decibel runs a orderbook on Aptos. Read the full profiles: dYdX and Decibel.

FAQ

Is dYdX or Decibel cheaper?
dYdX has the lower taker fee (5 bps vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, dYdX or Decibel?
dYdX offers more, up to 100x, versus 40x. Higher leverage means higher liquidation risk.
Which is bigger, dYdX or Decibel?
dYdX has more listed 24h volume ($39M), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.