Fee Structure

dYdX uses a maker-taker fee model for determining its trade fees. There are two types of orders on dYdX — Maker and Taker orders.

  • Maker orders are orders that do not immediately fill and rest on the order book — these orders add depth and liquidity to the order book.

  • Taker orders, on the other hand, immediately cross existing Maker orders. They remove liquidity from the order book.

Volume Weighted Maker-Taker Fee Schedule (30D Volume)

Level

From (30D Volume in USD)

To (30D Volume in USD)

Maker

Taker

1

$0

$1,000,000

0.05%

0.10%

2

$1,000,000

$5,000,000

0.04%

0.09%

3

$5,000,000

$10,000,000

0.03%

0.08%

4

$10,000,000

$50,000,000

0.015%

0.075%

5

$50,000,000

$200,000,000

0%

0.07%

VIP

$200M+

-

0%

0.06%

Trading Fee Discounts

Holders of DYDX receive a trading fee discount based on the size of their current holdings:

DYDX Current Balance

Discount

≥ 100

3.0%

≥ 1,000

5.0%

≥ 5,000

10.0%

≥ 10,000

15.0%

≥ 50,000

20.0%

≥ 100,000

25.0%

≥ 200,000

30.0%

≥ 500,000

35.0%

≥ 1,000,000

40.0%

≥ 2,500,000

45.0%

≥ 5,000,000

50.0%

Taker fees after all discounts and benefits cannot be lower than 0.05% (5bps). dYdX Trading Inc. reserves the right to modify the trading fee discounts at any time.

The following table shows the fee discount applied to the current volume weighted maker-taker fee schedule:

How are taker fees calculated?


Your taker fees are based upon total USD trading volume over the trailing 30-day period across all Perpetual order books.

How do I know my order is a Maker order?

For a Limit Order, users can ensure that they only place a Maker order in the book by clicking Advanced, selecting Good Til Time, and checking the Post-Only box in the Trade Column. If the Limit Order would immediately execute, the order is immediately cancelled prior to placement.

Otherwise, placing a trade that does not immediately get filled and instead rests on the order book will make it a Maker order. You will be notified directly above the place order button that your trade is a Maker trade.

Will I be charged if I cancel my order?

No, if your order is open and you cancel it, you will not be charged a fee. Fees are only charged on filled orders.

What will dYdX do with fees?

With fees, dYdX will be able to continue covering transaction expenses and incentivize more liquidity.

Do I have to pay gas fees to trade?

No! Since trades are executed on Layer 2, no gas fees are required.

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