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Software · head to head

Argent vs dYdX

Argent logo

Argent

Software

The smart wallet for DeFi and NFTs

From
Free
Rated
-
dYdX logo

dYdX

Software

Decentralized perpetual trading

From
Free
Rated
-

The short version

  • Each has a real cost: Argent renamed Ready, and argent.xyz now redirects to ready.co, so the Argent name is retired; dYdX newer platform with smaller liquidity pools compared to centralized exchanges
  • They diverge on capability: Argent covers Smart Contract Wallet, dYdX covers Perpetual Contracts.

Where they differ

Only the attributes on which Argent and dYdX actually diverge.

Attributes where Argent and dYdX differ
AttributeArgentdYdX
PlatformsIos, AndroidWeb
Founded20182017

Identical on both: starting price (Free), pricing model (free), free tier (Yes), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Argent

  • Smart Contract Wallet
  • Social Recovery
  • No Seed Phrase
  • Built-in DeFi
  • NFT Support
  • Ethereum
  • zkSync
  • Starknet

Only in dYdX

  • Perpetual Contracts
  • Cross Margin
  • Portfolio Margin
  • Governance
  • DYDX Token
  • Cosmos SDK
  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Argent

  • Self-custodial wallet on mobilenot dYdX
  • Holding digital dollars under your own controlnot dYdX
  • Spending through a virtual card with Apple Pay or Google Paynot dYdX
  • Connecting to dapps through WalletConnectnot dYdX

dYdX

  • Definot Argent
  • Dexnot Argent
  • Derivativesnot Argent

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Argent

  • Renamed Ready, and argent.xyz now redirects to ready.co, so the Argent name is retired
  • The product has shifted toward community cards and digital dollars rather than being presented purely as a crypto wallet
  • Supported chains are no longer listed on the main site

dYdX

  • Newer platform with smaller liquidity pools compared to centralized exchanges
  • Requires cryptocurrency wallet for trading, adding friction for new users
  • Limited fiat on/off ramps compared to centralized alternatives like Coinbase

Pricing, plan by plan

Argent

Free
  • FreeFree
    • Smart wallet
    • Social recovery
    • DeFi

dYdX

Free
  • FreeFree
    • Perpetual trading
    • Governance
    • Staking

Which should you pick?

Choose Argent if

  • You need smart contract wallet.
  • You want to start without paying.
  • You work on Ios, Android.
  • You also want social recovery.

Choose dYdX if

  • You need perpetual contracts.
  • You want to start without paying.
  • You also want cross margin.

Questions people ask

Is Argent or dYdX better?
Neither clearly leads. Argent starts at Free and dYdX at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Argent or dYdX?
Argent starts at Free and dYdX at Free.
Does Argent or dYdX run on more platforms?
Argent runs on Ios, Android. dYdX runs on Web.
Can I use Argent for free?
Both have a free tier, so you can try either at no cost before committing.
What is Argent best used for?
Argent is most often used for self-custodial wallet on mobile, holding digital dollars under your own control, spending through a virtual card with apple pay or google pay, connecting to dapps through walletconnect. Of those, self-custodial wallet on mobile and holding digital dollars under your own control are not what dYdX is typically brought in for.
What can Argent do that dYdX cannot?
Argent covers Smart Contract Wallet, Social Recovery, No Seed Phrase, Built-in DeFi. dYdX covers Perpetual Contracts, Cross Margin, Portfolio Margin, Governance.

Answered from the vendors’ own pages

dYdX: What type of trading does dYdX specialize in?

dYdX is a decentralized platform for perpetuals and margin trading, allowing professional traders to trade crypto derivatives without expiry dates. Built on ZK-rollup technology, it enables trading 143+ cryptocurrencies with leverage up to 50x on selected contracts.

Source
dYdX: How does dYdX maintain decentralization?

dYdX governance is fully community-driven, meaning token holders decide on protocol upgrades, fee structures, and risk parameters. The platform distributes 100% of its trading fees to stakers.

Source
dYdX: What are dYdX's gas fee advantages?

Built on StarkWare's ZK-rollup technology, dYdX enables trading with near-zero gas fees while users maintain full custody of their assets.

Source

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