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dYdX vs Perpl: which perp DEX is better?

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

dYdXPerpl
24h volume$39M$43M
Maker fee1 bps5 bps
Taker fee5 bps8.8 bps
Max leverage100xn/a
ModelOrderbookOrderbook
ChaindYdX Chain (Cosmos)Monad
Token$DYDXNo token
AssetsCryptoCrypto

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

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

FAQ

Is dYdX or Perpl cheaper?
dYdX has the lower taker fee (5 bps vs 8.8 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, dYdX or Perpl?
dYdX offers more, up to 100x, versus n/a. Higher leverage means higher liquidation risk.
Which is bigger, dYdX or Perpl?
Perpl has more listed 24h volume ($43M), 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.