Compare
CD CoinDCX VS DY dYdX
These two exchanges don't share an obvious product overlap. Differences below come from our individual reviews of CoinDCX and dYdX.
| CoinDCX | dYdX | |
|---|---|---|
| Founded | 2018 | 2017 (dYdX Chain v4 launched October 2023) |
| Regions | Built primarily for Indian residents, with KYC via PAN and Aadhaar or passport, and INR on-ramps through partner banking rails. Also accepts international users with passport-based KYC, though INR deposit/withdrawal rails are India-specific. Not available in the United States. | Blocked for US, Canadian, UK, and sanctioned-territory persons at the protocol's terms-of-use level on the main front end; open-source front ends and direct chain access mean geographic enforcement is a terms-of-use matter rather than a technical one: read the restrictions before connecting a wallet. |
| Products | Spot, Margin, Futures, Lending | Perpetual futures (primary product), Spot (newer, limited rollout) |
| Maker fee | Verify current tier: CoinDCX runs separate volume-based maker/taker schedules for spot, margin, and futures (spot INR pairs have ranged roughly 0.03%-0.50%, INR-margined futures nearer 0.02%), so confirm the live rate for the specific product and market before trading | Not yet verified |
| Taker fee | Same pattern applies: verify the current tier for your specific product, since CoinDCX's taker rates differ meaningfully across spot, margin, and futures rather than following one flat schedule | Not yet verified |
CoinDCX pros
- India's largest crypto exchange by registered users, with FIU-IND registration under India's anti-money-laundering framework
- Broad product range under one account: spot, margin (up to several times leverage), futures, and a lending product, plus 500+ listed assets
- Coinbase holds a minority stake in CoinDCX's parent entity following a deal cleared by India's competition regulator in December 2025, a notable vote of confidence from a major international exchange
- Accepts international users via passport-based KYC, not strictly limited to Indian residents the way some domestic-only platforms are
dYdX pros
- Fully non-custodial: funds sit in your own wallet and on-chain margin account, never in a company-controlled hot or cold wallet
- Fully open source, including the validator software, indexer, and web/iOS/Android front ends, so no single company operates the exchange once it's running
- Deep specialization in perpetual futures with an order book and matching engine built specifically for that product, rather than derivatives bolted onto a spot exchange
- Governance and fee schedule are transparent and on-chain, set by DYDX token-holder votes rather than a private company's internal decisions
This table is generated from the same data behind our individual exchange reviews. See methodology for how it's put together. Fee figures marked "not yet verified" need confirming against live terms before this page is treated as launch-ready.