We get it. Fees are a drag (on returns, that is).
We’re excited to be the first crypto exchange to offer truly free trading* to all users, across all markets.
We do things differently here: no hidden markups, expensive staking requirements, or misleading spreads — and you can trade confidently knowing that you always retain full custody of your crypto.
Wondering how we can offer this?
We’d rather give free trading* to average users and charge professional traders. (Trades over $100,000/month still incur low fees.)
We believe that doing what’s good for users is good for us: more happy users → more growth → a better place to trade, for everyone.
We hope you’re as excited about this as we are.
dYdX is the developer of a leading decentralized exchange on a mission to build open, secure, and powerful financial products. dYdX runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange.