dYdX Benchmark
dYdX is measured across 15 live OpenChainBench benchmarks: Perp DEX mark price fidelity (ranks #3 of 6, 0.020% p50), Perp DEX security track record (ranks #3 of 6, 1,102 p50), Cheapest perp venue to hold a position (ranks #4 of 18, 1.04 bps p50), Perp DEX token P/E ratio 2026 (ranks #5 of 9, 42.5x p50). Data as of 2026-10-06 UTC.
15 benchmarks · View on /perps
dYdX v4
CosmosPerpetual DEX tracked by OpenChainBenchLive KPIs
Volume 30d, OpenChainBench total
$1.24B
Open interest, perps only
$40.13M
Fees 30d
$270.5K
All-in fee (ETH 10x)
7.2 bps
Funding 24h (ETH)
+1.0 bps
Tradable markets
73
Venue data
Volume 24h, venue snapshot
$60.7M
OI, all markets, venue snapshot
$7.21B
Trades 24h
17.4K
Listed markets
296
Historical
Daily perp volume (UTC days, bench 266)
Daily Fees
All-time
Total Fees
$98.7M
OpenChainBench measurements
Other perp venues on the same benchmarks
Hyperliquid
9 shared benchmarks
Lighter
9 shared benchmarks
Paradex
8 shared benchmarks
Aster
7 shared benchmarks
Gains
6 shared benchmarks
Extended
6 shared benchmarks
Polymarket
6 shared benchmarks
Ondo Perps
6 shared benchmarks
EdgeX
5 shared benchmarks
Kalshi
4 shared benchmarks
Vest
4 shared benchmarks
StandX
4 shared benchmarks
ApeX Omni
4 shared benchmarks
Pacifica
3 shared benchmarks
Lighter RH
3 shared benchmarks
Nado
2 shared benchmarks
Aevo
2 shared benchmarks
GRVT
2 shared benchmarks
Jupiter Perps
2 shared benchmarks
trade.xyz
2 shared benchmarks
- G
GMX v2
1 shared benchmark
Ostium
1 shared benchmark
Orderly
1 shared benchmark
Backpack
1 shared benchmark
Perp DEX on the dYdX Chain, a Cosmos SDK appchain. Orderbook with off-chain matching and onchain settlement, validators propagate orders via the mempool.
Last measured
Live benchmark results
- #3of 6
Trading
Perp DEX mark price fidelity: deviation from CEX spot reference, live
Mark price deviation
0.020%
p50 · 24h
- #3of 6
Trading
Perp DEX security track record: days without a recorded exploit, live
Days since last exploit
1,102
p50 · 24h
- #4of 18
Trading
Cheapest perp venue to hold a position, live funding normalized
Funding cost to hold a long 24h
1.04 bps
p50 · 24h
- #5of 9
Trading
Perp DEX token P/E ratio 2026: Hyperliquid, Lighter, GMX, dYdX, GNS live
P/E ratio
42.5x
p50 · 24h
- #7of 9
Trading
Perp DEX execution quality: slippage on a $100k market order, live across orderbook venues
Slippage at $100k
0.066%
p50 · 24h
- #7of 8
Trading
Perp DEX cost invariance: all-in bps at $1M vs $1k, live slope ranked
Cost slope ($1M / $1k)
2.37x
p50 · 24h
- #8of 11
Trading
Perp DEX daily volume 2026: Hyperliquid, Aster, Lighter, GMX, Gains, dYdX by UTC day, backfilled
Daily perp volume
$32.17M
p50 · 24h
- #9of 22
Trading
Perp DEX volume to open interest: 24h turnover per dollar of OI, live
Volume / OI (24h)
0.849x
p50 · 24h
- #10of 12
Trading
Perp DEX capital efficiency: active markets per $M TVL, live
Markets per $M TVL
0.671
p50 · 24h
- #11of 11
Trading
Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL
All-in cost
0.072%
p50 · 24h
- #12of 13
Trading
Perp DEX price to fees: what the market pays per dollar of trading fees
P/F ratio
37.6x
p50 · 24h
- #15of 15
Trading
Perp DEX asset breadth: non-crypto markets live, stocks + indices + forex + commodities
Non-crypto markets
2
p50 · 24h
- #16of 22
Trading
Most tradable markets on a perp DEX, live count per venue
Active markets
73
p50 · 24h
- #16of 16
Trading
Perp DEX funding stability, 24h stddev of ETH funding ranked
24h ETH funding stddev
0.038%
p50 · 24h
- #19of 23
Trading
Perp DEX volume share, live 24h notional ranked
24h perp volume
$39.42M
p50 · 24h
Compare dYdX to alternatives
Pick a head to head pair to see dYdX and a competitor side by side across every benchmark they share.
Hyperliquid
15 shared benchmarks
Lighter
15 shared benchmarks
Paradex
13 shared benchmarks
Aster
12 shared benchmarks
Gains
12 shared benchmarks
Extended
11 shared benchmarks
GMX
10 shared benchmarks
ApeX Omni
8 shared benchmarks
edgeX
8 shared benchmarks
Ondo Perps
8 shared benchmarks
Polymarket
7 shared benchmarks
Kalshi
6 shared benchmarks
Alternatives lists featuring dYdX
Raw figures /api/citable