dYdX
dYdX is a perpetual futures exchange running on its own Cosmos-based chain, with an off-chain order book and on-chain settlement.
dYdX TVL
Assets deposited in dYdX across 2 chains, in US dollars.
Supported chains
Deployed on 2 chains. dYdX Chain holds 64.7% of deposits.
Fees & revenue
Monthly fees paid by users and the share dYdX keeps as revenue. The current month is to date.
About dYdX
What it does, how it earns and what the DYDX token is for.
dYdX is a decentralized trading platform for perpetual contracts, which are futures without an expiry date. Its developers say it aims to let traders trade in a decentralized way with the leverage, liquidity and low fees that professionals expect.
dYdX runs on its own Layer 1 blockchain, built with the Cosmos SDK, a toolkit for building blockchains. DYDX is its governance token.
dYdX FAQ
Short answers to what people ask most.
Trading fees go to the validators who run the network and to people who stake DYDX.
As of 2026, part of the fees users pay is kept by the protocol as revenue.
As of 2026, deposits are supported on 2 chains, and most of them are on dYdX Chain.
dYdX news
Coverage of the protocol, its category and its chain.
Similar protocols
Other perpetual exchanges, ranked by value locked.
