Position
Select option to trade dYdX (DYDX)
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Info
24h Volume
Open Interest
1h Funding
About dYdX (DYDX) Perpetual Futures
The DYDX-USD perpetual contract lets you trade dYdX (DYDX) with up to 5x leverage on the Hyperliquid decentralized exchange through Perpmate. You can go long if you expect the price to rise or go short if you expect it to fall, all without owning the underlying asset. Positions are settled in USDC and secured by Hyperliquid's onchain order book.
dYdX (DYDX) is a cryptocurrency perpetual. Crypto perps trade 24/7 and let you take leveraged long or short exposure to dYdX (DYDX) without holding the underlying token, with all positions settled in USDC.
As of the latest update, DYDX-USD trades at $0.12697 (-15.92% over the last 24 hours), with $7.92M in 24-hour volume, $3.77M in open interest, and an hourly funding rate of -0.0067%.
Perpmate provides real-time DYDX-USD charts, open interest data, and funding rate tracking to help you make informed trading decisions. Connect your crypto wallet to start trading dYdX (DYDX) perpetuals.
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FAQ
What is leverage on DYDX-USD perpetuals?
Leverage lets you control a larger position with less capital. With 5x leverage, a $100 entry controls $500.00 of DYDX-USD. It increases both potential profit and risk.
What happens if I long or short dYdX (DYDX)?
If you long dYdX (DYDX) and the price goes up, you make money; if it goes down, you lose money. Shorting is the reverse: you profit when the price falls and lose when it rises. Leverage increases both your gains and your losses.
What happens if I get liquidated trading dYdX (DYDX)?
Liquidation happens when the market moves against your position and your margin can no longer cover the loss. The position is closed automatically and you lose your margin. To avoid it, keep enough USDC to back your position, use lower leverage, and set a stop-loss and take-profit.
What is the maximum leverage on dYdX (DYDX)?
You can trade dYdX (DYDX) perpetuals with up to 5x leverage on Perpmate. Higher leverage increases both potential returns and the risk of liquidation, so size your positions carefully.
What is the funding rate on DYDX-USD?
The funding rate is a small periodic payment exchanged between long and short traders that keeps the DYDX-USD perpetual price aligned with the spot price. When it is positive, longs pay shorts; when negative, shorts pay longs. You can see the current DYDX-USD funding rate live on this page.