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ApeX Protocol vs dYdX: which perp DEX is better?

A side-by-side comparison of ApeX Protocol and dYdX on fees, leverage, volume, chain and token.

ApeX ProtocoldYdX
24h volume$1.30B$39M
Maker fee2 bps1 bps
Taker fee5 bps5 bps
Max leverage100x100x
ModelOrderbookOrderbook
ChainMultichain (zkLink)dYdX Chain (Cosmos)
Token$APEX$DYDX
AssetsCryptoCrypto

ApeX Protocol vs dYdX: which should you choose?

If your priority is cost, ApeX Protocol wins on taker fees (5 bps). For maximum leverage, ApeX Protocol goes up to 100x. For depth and liquidity, ApeX Protocol trades the most volume of the two.

ApeX Protocol runs a orderbook on Multichain (zkLink), while dYdX runs a orderbook on dYdX Chain (Cosmos). Read the full profiles: ApeX Protocol and dYdX.

FAQ

Is ApeX Protocol or dYdX cheaper?
ApeX Protocol has the lower taker fee (5 bps vs 5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, ApeX Protocol or dYdX?
ApeX Protocol offers more, up to 100x, versus 100x. Higher leverage means higher liquidation risk.
Which is bigger, ApeX Protocol or dYdX?
ApeX Protocol has more listed 24h volume ($1.30B), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.