Trade Every Market with Up to $1M
in Loss Rebates

Turn trading losses into an opportunity to earn dYdX for the month of January

Fees? Never Heard of ’Em

Trade $SOL and $BTC for the month of January without fees cutting into your gains. dYdX combines deep liquidity, advanced order types, and instant market listing

DeFi's Pro Trading Platform

dYdX is reimagining what DeFi and perpetual trading can be. Combining the freedom of decentralization with deep liquidity, advanced order types, a high-performance API, and instant market listings, dYdX empowers you to trade boldly and confidently.

Why dYdX?

Trusted at Scale

$1.5T
Lifetime Volume
$200M
Open Interest
220+
Markets
$12M
MegaVault TVL
Why dYdX?

Trusted at Scale

$1.5T
Lifetime Volume
$200M
Open Interest
220+
Markets
$12M
MegaVault TVL
Why dYdX?

Trusted at Scale

$1.5T
Lifetime Volume
$200M
Open Interest
220+
Markets
$12M
MegaVault TVL
Products

Built for the Edge

200+ markets. Pro-grade tools. Scalable infrastructure for teams. Powered by incentives that reward trading, referrals, and long-term growth.
Seamless Trading
Trading for Teams
Instant Market Listings
Affiliates & Rewards Programs
Products

Built for the Edge

200+ markets. Pro-grade tools. Scalable infrastructure for teams. Powered by incentives that reward trading, referrals, and long-term growth.
Seamless Trading
Trading for Teams
Instant Market Listings
Affiliates & Rewards Programs
Products

Built for the Edge

200+ markets. Pro-grade tools. Scalable infrastructure for teams. Powered by incentives that reward trading, referrals, and long-term growth.
Seamless Trading
Trading for Teams
Instant Market Listings
Affiliates & Rewards Programs

Compare the Difference

Why Traders Switch to dYdX

CEX

DEX

Trading Fees

10-20 bps Taker,
5-10 bps Maker

5–30 bps

Trading Rewards

None

None

Depositing Fees

$0-30

~$3–$20
(gas)

Custody

Custodial

Exchange Holds User Funds

Self-Custody

Mobile Apps

Yes

No

50% Fee Rebate

$1M

Loss Rebates

$100+ Deposits are Free

Self-Custody

iOS & Android & Telegram

Trading Fees

Trading Rewards

Depositing Fees

Custody

Mobile Apps

50% Fee Rebate

$1M

Loss Rebates

$100+ Deposits are Free

Self-Custody

iOS & Android & Telegram

CEX

10-20 bps Taker,
5-10 bps Maker

None

$0-30

Custodial

Exchange Holds User Funds

Yes

DEX

5–30 bps

None

~$3–$20
(gas)

Self-Custody

No

Compare the Difference

Why Traders Switch to dYdX

CEX

DEX

Trading Fees

10-20 bps Taker,
5-10 bps Maker

5–30 bps

Trading Rewards

None

None

Depositing Fees

$0-30

~$3–$20
(gas)

Custody

Custodial

Exchange Holds User Funds

Self-Custody

Mobile Apps

Yes

No

50% Fee Rebate

$1M

Loss Rebates

$100+ Deposits are Free

Self-Custody

iOS & Android & Telegram

Trading Fees

Trading Rewards

Depositing Fees

Custody

Mobile Apps

50% Fee Rebate

$1M

Loss Rebates

$100+ Deposits are Free

Self-Custody

iOS & Android & Telegram

CEX

10-20 bps Taker,
5-10 bps Maker

None

$0-30

Custodial

Exchange Holds User Funds

Yes

DEX

5–30 bps

None

~$3–$20
(gas)

Self-Custody

No

Compare the Difference

Why Traders Switch to dYdX

CEX

DEX

Trading Fees

10-20 bps Taker,
5-10 bps Maker

5–30 bps

Trading Rewards

None

None

Depositing Fees

$0-30

~$3–$20
(gas)

Custody

Custodial

Exchange Holds User Funds

Self-Custody

Mobile Apps

Yes

No

50% Fee Rebate

$1M

Loss Rebates

$100+ Deposits are Free

Self-Custody

iOS & Android & Telegram

Trading Fees

Trading Rewards

Depositing Fees

Custody

Mobile Apps

50% Fee Rebate

$1M

Loss Rebates

$100+ Deposits are Free

Self-Custody

iOS & Android & Telegram

CEX

10-20 bps Taker,
5-10 bps Maker

None

$0-30

Custodial

Exchange Holds User Funds

Yes

DEX

5–30 bps

None

~$3–$20
(gas)

Self-Custody

No

Video Tutorials

How to Start

Seamless Deposits From Six Chains

Ethereum

Base

Arbitrum

Polygon

AVAX

Optimism

More Tutorials

Spot Trading vs Perps

How Leverage Works

How To Start Trading on Telegram

Video Tutorials

How to Start

Seamless Deposits From Six Chains

Ethereum

Base

Arbitrum

Polygon

AVAX

Optimism

More Tutorials

Spot Trading vs Perps

How Leverage Works

How To Start Trading on Telegram

Video Tutorials

How to Start

Seamless Deposits From Six Chains

Ethereum

Base

Arbitrum

Polygon

AVAX

Optimism

More Tutorials

Spot Trading vs Perps

How Leverage Works

How To Start Trading on Telegram

For Traders & Affiliates

Live Rewards Programs

dYdX Community Approves Surge Program Renewal and January Trading Incentives

dYdX kicks off the New Year with Season 10 of the Surge Program, bringing continued fee rebates for all perpetual traders alongside continued loss rebates and fee-free trading on the SOL and BTC perpetuals markets.

$1 million
January 31, 2026
Learn More

Cross-Platform Trading

Anytime. Anywhere. On-Chain.

dYdX provides a fully decentralized trading infrastructure supporting mobile, desktop, and API access. Designed for scale, speed, and 24/7 performance, offering deep liquidity, low-latency execution, and real-time onchain rewards.
4,5
200+ Reviews
50,000+
Downloads

dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to other Restricted Persons. All use of dYdX software is subject to the dYdX Software Terms of Use.

dYdX International Ltd ("DI"), dYdX Trading Inc. dba dYdX Labs (“dYdX Labs”) and their affiliates do not develop, control or participate in the operation of any component of the dYdX protocol for public use.

To the extent this content describes anticipated features in the open source dYdX software, the implementation of these features in any live deployment of dYdX software will be decided by the relevant deployer community.

The information provided herein is for general informational purposes only, and DI reserves the right to update, modify, or amend any contents herein, at its sole discretion and without prior notice. Nothing herein should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act in any way by anyone.

Engaging in any activity involving crypto-assets (including staking, trading crypto assets and depositing into the MegaVault) is risky due to high volatility. Returns are not guaranteed and may fluctuate over time depending on multiple factors, and you may lose your entire investment, particularly when using leverage. The inclusion of any launchable market on dYdX does not represent endorsement of the projects and all listings are community-driven. You should perform your own research and due diligence before engaging in any activity involving crypto-assets. In no event will DI, dYdX Labs or their affiliates be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, arising from or in connection with the use of this content. By continuing to access this content, you agree to the above and accept the possibility of changes in the information provided.

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