About dYdX Exchange
dYdX Exchange is a decentralized trading platform that empowers crypto investors with high-performance trading on spot and perpetual markets. It integrates off-chain order matching for speed with on-chain settlement for security, giving traders full control over their assets.
How dYdX Works
Orders are matched off-chain for rapid execution. After matching, trades settle on smart contracts on-chain, ensuring transparency and non-custodial ownership. Traders can engage in spot trading or leverage perpetual contracts for enhanced strategies.
Advantages for Investors
- Secure: Funds remain in user wallets until settlement.
- Transparent: On-chain records ensure auditable trading history.
- Efficient: Low fees and deep liquidity reduce slippage.
- Professional tools: Advanced order types and risk management features.
Getting Started – Step-by-Step
Step 2: Deposit supported collateral into your on-chain account.
Step 3: Choose a market: spot or perpetual contracts.
Step 4: Place orders using limit, market, or conditional types.
Step 5: Monitor positions, manage risk, and withdraw anytime.
FAQs — Frequently Asked Questions
- Is dYdX Exchange custodial? No, all funds remain under user control until settlement.
- Which markets are supported? Spot, perpetual, and margin trading markets.
- What are the fees? Fees vary by market type and volume; see docs.dydx.exchange for details.
- Can I use a hardware wallet? Yes, dYdX supports Ledger and WalletConnect compatible wallets.
- Where can I find support? Visit dydx.exchange/support.
- Is my trading history transparent? Yes, all trades are recorded on-chain and auditable.
Conclusion
dYdX Exchange offers advanced perpetual and spot trading with the security, transparency, and professional-grade tools crypto investors need. With non-custodial settlement, low fees, and deep liquidity, it is ideal for traders seeking a robust and decentralized trading experience. Start trading responsibly, leverage advanced order types, and grow your portfolio confidently.