dYdX Perpetuals: Leveraged Trading on a DEX

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dYdX brings professional-grade perpetual futures trading to DeFi with up to 20x leverage, an order book model, and cross-margin capabilities.

dYdX perpetuals trading guide
Professional perpetual trading on decentralized infrastructure

Key Takeaways

  • Order book model provides CEX-like execution
  • Up to 20x leverage on major pairs
  • No gas fees for trading (StarkEx L2)
  • Funding rates determine long/short costs
  • Trading rewards in DYDX token
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