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Trade for free*

Trade Perpetual Contracts with no fees*, deep liquidity, and up to 20× more Buying Power. Deposit just $10 to get started.

Learn more ↗Use the API ↗Join Discord ↗

Calling all traders

The wait is over, Layer 2 is here

We built the fastest and most powerful decentralized exchange ever.

Low fees, no gas costs: Once you deposit to Layer 2, you will no longer pay fees to miners for each transaction.
Lightning quick: Trades are executed instantly and confirmed on the blockchain within hours.
Fast withdrawals: Unlike other platforms, there is no wait required to withdraw your funds from Layer 2.
Mobile friendly: We've redesigned our exchange from the ground up, so you can use it from any device.
Secure & private: StarkWare's Layer 2 solution provides increased security & privacy via zero-knowledge rollups.
Cross-margining: Access leverage across positions in multiple markets from a single account.

Battle-tested

Trusted by over 25,000 traders

We believe everyone should have access to open & powerful financial tools.

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Our investors

Backed by the best

Our global investors include angel investors & leading funds

Brian Armstrong
Fred Ehrsam
Naval Ravikant
Elad Gil
Avichal Garg

*Trading and entering into perpetual contracts involves substantial financial and other risks. dYdX does not provide financial advice. “Free Trading” means that dYdX has removed fees related to placing orders for accounts with less than $100,000 of trading volume in the previous thirty days; other costs may still apply, including, but not limited to perpetual funding, depositing and withdrawing funds, and potential liquidation. For additional information, please review the dYdX Terms of Use.