dYdX
dYdX is an Ethereum DEX with the highest volume for spot trading, margin trade, perpetual, borrow and lend. Users can trade in fixed margin mode using their margin-deposit with a maximum of 5x (long) / 4x (short) leverage. Users need to pay a 0.05%-5% trading fee and a borrowing interest based on the trading pair and amount. Borrow rate on dYdX depends on the platform's supply and demand, 5% of the interest payments will be set aside to an insurance pool and the rest are allocated to all lenders.
dYdX is an Ethereum DEX with the highest volume for spot trading, margin trade, perpetual, borrow and lend. Users can trade in fixed margin mode using their margin-deposit with a maximum of 5x (long) / 4x (short) leverage. Users need to pay a 0.05%-5% trading fee and a borrowing interest based on the trading pair and amount. Borrow rate on dYdX depends on the platform's supply and demand, 5% of the interest payments will be set aside to an insurance pool and the rest are allocated to all lenders.
