HomeToolsdYdX vs GMX

dYdX vs GMX

Compare the two giants of decentralized perpetuals: dYdX (Orderbook) and GMX (GLP Liquidity Model).

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Tool Snapshot

Best For
Leveraged traders moving away from CEXs.
Not For
Spot-only holders.
Data Type
Perp DEX Analytics
Pricing
free
Region
Global
Signup Required
No

What it helps you understand

  • Funding rates
  • Slippage vs Zero-price-impact models
  • LP risk (GLP/GM)

What it does NOT do

  • Does not guarantee against liquidation

Warning: Never base your financial decisions solely on a single tool.

How to use (step-by-step)

1

Check funding rates on dYdX.

2

Compare with GMX borrowing fees.

Limitations & Risks

  • High risk of capital loss in leveraged trading.

Alternatives

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