dYdX vs MetaMask Comparison
| 0.05% taker / 0.01% maker | Fees | Depends on integrated perp provider (avg 0.02–0.06%) |
dYdX
vs
MetaMaskWinner
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
- Perpetual trading without leaving the MetaMask wallet
- Execution through the Hyperliquid order book
- Fee openly disclosed, no hidden spread
- One-click funding from various EVM chains
- Self-custody, no KYC
Cons
- 0.1% builder fee on top of the executing order book's own fee
- Trading directly on Hyperliquid is noticeably cheaper
- No EU authorisation
- Blocked in several countries including the US and the UK
Score Comparison
4.2Usability4.4
4.2Features4.0
4.2Fees3.8
4.5Stability4.5
3.6Support3.6
Features
- Decentralised matching at validator level
- Purpose-built Cosmos chain
- Established name in derivatives
- 200+ perpetual markets
- Out of beta since April 2026
- One-click funding from any EVM chain
- Transparently disclosed additional fee
- Leverage up to 50x
Details
dYdXMetaMask
| dYdX Trading Inc. | Company | Consensys + integrated partners |
| United States | Headquarters | United States |