dYdX vs Extended Comparison
| 0.05% taker / 0.01% maker | Fees | 0% maker / 0.025% taker |
dYdX
vs
Extended
Pros & Cons
Pros
- Fully decentralised order book — matching runs through validators
- Purpose-built Cosmos chain rather than a rollup dependency
- Long operating history and mature market structure
- 200+ markets
- Low network fees
Cons
- Market share has fallen sharply as liquidity moved to newer venues
- Thinner books and higher slippage in secondary markets
- No EU authorisation
- Support runs through community channels
Pros
- 0% maker fee, 0.025% taker
- Daily maker rebates based on maker share
- Very low network fees on Starknet
- Unified margin across several asset classes
- Self-custody
Cons
- Considerably smaller than the market leaders
- Around 50 trading pairs — a narrower list than competitors
- No EU authorisation
- Support runs through community channels
Score Comparison
4.2Usability4.3
4.2Features4.3
4.2Fees4.8
4.5Stability4.2
3.6Support3.7
Features
- Decentralised matching at validator level
- Purpose-built Cosmos chain
- Established name in derivatives
- 200+ perpetual markets
- Fee-free on the maker side
- Team with Revolut roots
- Cross-asset collateral and unified margin
- Network costs in the cents range
Details
dYdXExtended
| dYdX Trading Inc. | Company | Extended Finance |
| United States | Headquarters | Unknown (Decentralised team) |