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Software · head to head

dYdX vs Huobi

dYdX logo

dYdX

Software

Decentralized perpetual trading

From
Free
Rated
-
Huobi logo

Huobi

Software

Global digital asset trading platform

From
Free
Rated
-

The short version

  • Each has a real cost: dYdX newer platform with smaller liquidity pools compared to centralized exchanges; Huobi cryptocurrency market volatility
  • They diverge on capability: dYdX covers Perpetual Contracts, Huobi covers Spot Trading.

Where they differ

Only the attributes on which dYdX and Huobi actually diverge.

Attributes where dYdX and Huobi differ
AttributedYdXHuobi
Pricing modelfreetransaction
PlatformsWebWeb, Mobile
Founded20172013

Identical on both: starting price (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 dYdX

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

Only in Huobi

  • Spot Trading
  • Futures Trading
  • Margin Trading
  • Staking
  • Primelist
  • HT Token
  • Huobi ECO Chain
  • Ios support

Both cover

  • Web support

What people use each for

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

dYdX

  • Definot Huobi
  • Dexnot Huobi
  • Derivativesnot Huobi

Huobi

  • Spot trading of cryptocurrencies and altcoinsnot dYdX
  • Futures trading with leveragenot dYdX
  • Copy trading from experienced tradersnot dYdX
  • Automated trading via botsnot dYdX

Where each one falls short

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

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

Huobi

  • Cryptocurrency market volatility
  • Regulatory restrictions in some jurisdictions

Pricing, plan by plan

dYdX

Free
  • FreeFree
    • Perpetual trading
    • Governance
    • Staking

Huobi

Free

No published plan breakdown. See the Huobi review.

Which should you pick?

Choose dYdX if

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

Choose Huobi if

  • You need spot trading.
  • You want to start without paying.
  • You work on Web, Mobile.
  • You also want futures trading.

Questions people ask

Is dYdX or Huobi better?
Neither clearly leads. dYdX starts at Free and Huobi at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, dYdX or Huobi?
dYdX starts at Free and Huobi at Free.
Does dYdX or Huobi run on more platforms?
dYdX runs on Web. Huobi runs on Web, Mobile.
Can I use dYdX for free?
Both have a free tier, so you can try either at no cost before committing.
What is dYdX best used for?
dYdX is most often used for defi, dex, derivatives. Of those, defi and dex are not what Huobi is typically brought in for.
What can dYdX do that Huobi cannot?
dYdX covers Perpetual Contracts, Cross Margin, Portfolio Margin, Governance. Huobi covers Spot Trading, Futures Trading, Margin Trading, Staking. Both handle Web support.

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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