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Cryptocurrency & Blockchain · head to head

dYdX vs Quicken

dYdX logo

dYdX

Cryptocurrency & Blockchain

Decentralized perpetual trading

From
Free
Rated
-
Full reviewWebsite
Quicken logo

Quicken

Personal Finance

Take control of your finances

From
$3.99/month
Rated
-
Full reviewWebsite

The short version

  • Only dYdX has a free tier, so it costs nothing to try first.
  • Each has a real cost: dYdX newer platform with smaller liquidity pools compared to centralized exchanges; Quicken quicken Simplifi (cloud version) costs $3.99 annually if billed yearly, but renews at full price $6.99/month unless cancelled before renewal
  • They diverge on capability: dYdX covers Perpetual Contracts, Quicken covers Budget creation.

Where they differ

Only the attributes on which dYdX and Quicken actually diverge.

Attributes where dYdX and Quicken differ
AttributedYdXQuicken
Starting priceFree$3.99/month
Pricing modelfreesubscription
Free tierYesNo
PlatformsWebWeb, iOS, Android, Windows, macOS
CategoryCryptocurrency & BlockchainPersonal Finance
Founded20171983

Identical on both: user rating (Not yet rated).

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
  • Web support

Only in Quicken

  • Budget creation
  • Bill management
  • Investment tracking
  • Tax planning
  • Bank accounts
  • Investment accounts
  • Credit cards
  • Windows support

What people use each for

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

dYdX

  • Definot Quicken
  • Dexnot Quicken
  • Derivativesnot Quicken

Quicken

  • Individuals managing personal finances via Quicken Simplifi cloud app for budgeting and savings trackingnot dYdX
  • Freelancers and self-employed managing business and personal finances via Quicken Business & Personal plannot dYdX
  • Users preferring local data storage via Classic desktop editionsnot 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

Quicken

  • Quicken Simplifi (cloud version) costs $3.99 annually if billed yearly, but renews at full price $6.99/month unless cancelled before renewal
  • Renewal pricing significantly higher than introductory rate; annual cost jumps from $47.88 (promotional) to $83.88 (regular renewal)

Pricing, plan by plan

dYdX

Free
  • FreeFree
    • Perpetual trading
    • Governance
    • Staking

Quicken

$3.99/month

No published plan breakdown. See the Quicken review.

Which should you pick?

Choose dYdX if

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

Choose Quicken if

  • You need budget creation.
  • You work on Web, iOS, Android, Windows, macOS.
  • You also want bill management.
Quicken review

Questions people ask

Is dYdX or Quicken better?
Neither clearly leads. dYdX starts at Free and Quicken at $3.99/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, dYdX or Quicken?
dYdX has a free tier; the other does not. Paid plans start at Free for dYdX and $3.99/month for Quicken.
Does dYdX or Quicken run on more platforms?
dYdX runs on Web. Quicken runs on Web, iOS, Android, Windows, macOS.
Can I use dYdX for free?
Yes. dYdX has a free tier, so you can try it without paying. Quicken starts at $3.99/month.
What is dYdX best used for?
dYdX is most often used for defi, dex, derivatives. Of those, defi and dex are not what Quicken is typically brought in for.
What can dYdX do that Quicken cannot?
dYdX covers Perpetual Contracts, Cross Margin, Portfolio Margin, Governance. Quicken covers Budget creation, Bill management, Investment tracking, Tax planning.

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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