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dYdX vs Ondo: which perp DEX is better?

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

dYdXOndo
24h volume$39M$173M
Maker fee1 bpsn/a
Taker fee5 bpsn/a
Max leverage100x20x
ModelOrderbookOrderbook
ChaindYdX Chain (Cosmos)Ondo Chain
Token$DYDX$ONDO
AssetsCryptoStocks, Commodities

dYdX vs Ondo: 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, Ondo trades the most volume of the two.

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

FAQ

Is dYdX or Ondo 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 Ondo?
dYdX offers more, up to 100x, versus 20x. Higher leverage means higher liquidation risk.
Which is bigger, dYdX or Ondo?
Ondo has more listed 24h volume ($173M), 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.