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Drift vs dYdX: which perp DEX is better?

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

DriftdYdX
24h volume$280M$39M
Maker fee-0.5 bps1 bps
Taker fee4 bps5 bps
Max leverage20x100x
ModelOrderbookOrderbook
ChainSolanadYdX Chain (Cosmos)
Token$DRIFT$DYDX
AssetsCryptoCrypto

Drift vs dYdX: which should you choose?

If your priority is cost, Drift wins on taker fees (4 bps). For maximum leverage, dYdX goes up to 100x. For depth and liquidity, Drift trades the most volume of the two.

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

FAQ

Is Drift or dYdX cheaper?
Drift has the lower taker fee (4 bps vs 5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Drift or dYdX?
dYdX offers more, up to 100x, versus 20x. Higher leverage means higher liquidation risk.
Which is bigger, Drift or dYdX?
Drift has more listed 24h volume ($280M), 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.