About dYdX Trade
dYdX Trade is a decentralized exchange built for professional traders seeking speed, transparency, and security. Combining off-chain order matching with on-chain settlement, it provides low-latency trading while maintaining custody of funds on the blockchain.
How It Works
Orders are matched off-chain for speed and efficiency. After a trade is matched, settlement occurs on smart contracts, ensuring transparency and non-custodial security. The system supports perpetual contracts, margin trading, and spot markets, giving traders flexibility with their strategies.
Key Features
- Non-custodial: retain full control over your funds.
- Low-latency execution with minimal slippage.
- Advanced order types for professional trading strategies.
- Deep liquidity across perpetuals, margin, and spot markets.
- Transparent, auditable on-chain settlement.
- APIs and SDKs for algorithmic and institutional traders.
Benefits
- Security: Funds remain in the trader's control until settlement.
- Transparency: Full trade history on-chain.
- Efficiency: Fast order execution and competitive fees.
Getting Started — Steps
- Visit dydx.exchange.
- Connect a supported wallet (MetaMask, Ledger, WalletConnect).
- Deposit collateral into your on-chain account.
- Select market type: spot, margin, or perpetual.
- Place orders, monitor positions, and withdraw funds anytime.
Security & Best Practices
dYdX emphasizes security via audited contracts and active monitoring. Users should use hardware wallets, verify official URLs, limit contract approvals, and monitor margin levels to avoid liquidation risk.
FAQs — Frequently Asked Questions
- Is dYdX Trade custodial? No. Trades are settled on-chain; funds remain under the user's control.
- What markets are supported? Perpetual contracts, margin trading, and spot markets.
- What fees apply? Fees vary by market and tier. See docs.dydx.exchange for details.
- Can I use a hardware wallet? Yes, Ledger and other wallets are supported.
- Where to get support? Visit dydx.exchange/support.
Conclusion
dYdX Trade offers a secure, transparent, and non-custodial platform for professional DeFi traders. By combining fast execution, advanced order types, deep liquidity, and on-chain settlement, it empowers users to trade efficiently while retaining full control of their assets. Explore dYdX to take your trading to the next level.