VS
dYdX vs Jupiter Perps
An app-chain order book against Solana's biggest pool-based perp DEX. A neutral comparison.
| Feature | dYdX | Jupiter Perps |
|---|---|---|
| Chain | dYdX Chain (Cosmos) | Solana |
| Trading model | On-chain CLOB | JLP pool + oracle |
| 24h volume | $1.2B | $1.6B |
| Open interest | $420M | $650M |
| Taker fee (from) | 0.05% | ~0.06% |
| Markets | ~140 | ~60 |
| Token | DYDX | JUP |
| Best for | Order-book traders | Solana-native traders |
| Non-custodial | Yes | Yes |
The short version
dYdX runs a mature on-chain order book on its own Cosmos chain, while Jupiter Perpetuals trades against Solana's JLP pool and leads it on volume.
Jupiter has higher volume and deep pool liquidity on majors; dYdX offers order-book execution and a broader market list.
Which should you use?
Choose dYdX for order-book control and more markets. Choose Jupiter for deep Solana-native pool trading on majors.
Verdict
Jupiter wins on volume and Solana depth; dYdX wins on order-book execution and market breadth.