Are there any fees associated with using the platform’s services and features ?
Yes, there are fees associated with using the dYdX platform.
The fees vary depending on the type of service or feature being used. For example, when trading on the dYdX exchange, users are charged a 0.25% maker fee and a 0.
30% taker fee for each trade. Additionally, there is a 0.50% settlement fee for all trades that settle on the Ethereum blockchain.
When borrowing or lending assets through the dYdX margin protocol, users are charged a 0.50% interest rate for each loan taken out or lent out to other users. Finally, when using the dYdX derivatives protocol, users are charged a 0.
10% settlement fee for each derivative contract that settles on the Ethereum blockchain. Overall, these fees help to cover the costs associated with running and maintaining the platform’s services and features, as well as providing liquidity to traders and lenders on the platform.
