dYdX leads on 1 of 4 shared benchmarks, Vest on 3. dYdX wins on Cheapest perp venue to hold a position, live funding normalized (1.71 bps vs 3.00 bps). Vest wins on Perp DEX volume share, live 24h notional ranked ($117.86M vs $68.32M), Perp DEX funding stability, 24h stddev of ETH funding ranked (0.00000% vs 0.058%), Most tradable markets on a perp DEX, live count per venue (88 vs 57). Data as of 2026-11-07 UTC.
Read methodology Last measured Window: rolling 24h5 shared benchmarks, 4 measured on both sides
Perp DEX on the dYdX Chain, a Cosmos SDK appchain. Orderbook with off-chain matching and onchain settlement, validators propagate orders via the mempool.
Vest is a zk-settled perpetuals exchange listing crypto next to US equities, indices and FX perps under a {TICKER}-USD-PERP convention, with a public REST API (ticker, funding, order book) and no open-interest feed.
Funding is signed. Positive means longs pay shorts, negative means longs get paid to hold. Venues settle on different native periods (hourly on Hyperliquid, dYdX, Lighter, Extended, Pacifica, Ondo, Vest, StandX and ApeX, every 4h on edgeX, every 8h on Kalshi, Aster and the CEX books); every figure is normalized from the venue's own quoted rate and interval before ranking. Funding is only the holding cost. Opening costs (taker fee, spread, impact) are the companion bench perp-fees.
Ranked only with 24 hours of funding history (288 samples) and a stddev above zero: a young listing, or a venue whose rate has not moved since listing (Ondo Perps at launch, Polymarket in July), reads artificially stable and shows as Provisional, never as the leader. Stability is not directionality: a persistently positive but tight band ranks above a rate that flips every settlement.
Counts reflect each venue's live market catalog at query time, mainnet
only. The asset class comes from the venue's own metadata where it
publishes one; Hyperliquid HIP-3 dexes and dYdX publish none, so their
symbols are matched against the crypto markets the other venues list
and a fixed table of forex, commodity and index names. Tokenized gold
(PAXG, XAUT) is a crypto token and is not counted. A market counts once
whether it trades 24/7 or only during exchange hours.
Frequently asked questions
dYdX vs Vest: which one is better?
dYdX and Vest are compared on 5 shared OpenChainBench benchmarks. dYdX leads on Cheapest perp venue to hold a position, live funding normalized. Vest leads on Perp DEX volume share, live 24h notional ranked. See the live table on this page for every metric.
Which is cheaper, dYdX or Vest?
On the Cheapest perp venue to hold a position, live funding normalized benchmark, dYdX leads at 1.71 bps versus Vest at 3.00 bps. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher 24h perp volume, dYdX or Vest?
On the Perp DEX volume share, live 24h notional ranked benchmark, Vest leads at $117.86M versus dYdX at $68.32M. Live measurement is updated continuously by the OpenChainBench harness.
How is the dYdX vs Vest comparison measured?
Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.
Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.
