Best dYdX alternatives for US traders
dYdX does not serve US persons according to its own terms (dydx.trade). US-available options in the same space: Coinbase Advanced (1.8% round trip), Robinhood (1.9% round trip), Gemini (2.4% round trip). Availability changes; check each venue's terms before depositing.
Checked 2026-10-17Source: dYdX terms.
US-available options, ranked
Ranked by 30-day on-chain fee volume where tracked, then by fee. Only venues listing the US as available.
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Coinbase Advanced
· 1.8% round trip · US: available
Active traders in the US, UK or EU who want an order book with no spread and tiered fees, from the same account as regular Coinbase.
Versus dYdX: is an exchange, not a perp dex; higher fee (1.8% vs 0.1% round trip).
Open Coinbase Advanced -
Robinhood
Ethereum · Bitcoin · Solana · Dogecoin · Arbitrum · Polygon · Optimism · BNB Chain · Base · Robinhood Chain · 1.9% round trip · US: available
US users who already invest with Robinhood and want a simple way to buy major coins and listed memecoins (DOGE, SHIB, PEPE, BONK, WIF, TRUMP) without a separate exchange account.
Versus dYdX: is an exchange, not a perp dex; higher fee (1.9% vs 0.1% round trip); no Dydx Chain support.
Open Robinhood -
Gemini
· 2.4% round trip · US: available
US users who want a regulated, licence-focused exchange and can use limit orders on ActiveTrader to avoid the higher app fees.
Versus dYdX: is an exchange, not a perp dex; higher fee (2.4% vs 0.1% round trip).
Open Gemini -
Coinbase
Base · Solana · US: available
Beginners in the US, UK or EU who want a regulated, KYC'd on-ramp with bank funding, and who can trade onchain Base/Solana tokens in the same app.
Versus dYdX: is an exchange, not a perp dex; no Dydx Chain support.
Open Coinbase
What to look for
- Terms that name the US explicitly. Read the geo section on the venue's sheet and the linked source.
- Whether you need identity checks to deposit or withdraw.
- Custody: who holds your keys while you trade.
- Fee at your size, not the headline rate. Use the fee sheets to compare.
- Product gaps: perpetuals, chains and order types the original offered.
See also dYdX · all dYdX alternatives. This is a fee and availability reference, not legal advice.
FAQ
Can US users use dYdX?
dYdX restricts US persons. The dydx.trade Terms (last updated 12 March 2026) state the services are not available to persons who reside in, are citizens of, or are located or incorporated in the United States, the United Kingdom or Canada ('Blocked Persons'), nor to. Source: https://dydx.trade/terms
What is the best dYdX alternative in the US?
Coinbase Advanced ranks first by on-chain fee volume among US-available options: Active traders in the US, UK or EU who want an order book with no spread and tiered fees, from the same account as regular Coinbase.
Do the US alternatives match dYdX?
Coinbase Advanced differs from dYdX: is an exchange, not a perp dex; higher fee (1.8% vs 0.1% round trip).
Do I need to verify identity?
It depends on the venue. Each listing shows KYC and custody on its sheet.