Trusted

dYdX Removes Deposit Fees on $100+ Instant Transfers Across Major Chains

1 min
Updated by Dmitriy Maiorov
Join our Trading Community on Telegram
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

dYdX has introduced a new update to simplify and accelerate user onboarding: starting June 24, all Instant Deposits of $100 or more are now fee-free across multiple supported networks. This applies to transfers made via Ethereum, Arbitrum, Optimism, Base, Polygon, and Avalanche.

What’s Changing

Instant Deposits—already one of the fastest ways to fund a dYdX account—now come without platform deposit fees for transfers of $100 or more. This change is active immediately and will remain available for the foreseeable future, with no set expiration date.

Why This Matters

For many users, high fees and friction during onboarding remain key hurdles in entering DeFi. By eliminating deposit costs on eligible transactions, dYdX lowers the barrier for new and returning users, making it easier to explore trading perpetual contracts and DeFi functionality without upfront costs.

What Users Get

  • $0 fees on Instant Deposits of $100 or more
  • Near-instant fund settlement via Skip:Go Fast architecture
  • Seamless routing and simplified UX with support for major wallets
  • Secure bridging across six leading blockchains

How It Works

The update is powered by Skip:Go Fast’s Solver system, which optimizes routing, liquidity, and uptime across supported networks. Users simply select a supported chain, initiate an Instant Deposit of $100 or more, and see funds appear within moments—without paying a fee.

Looking Ahead

This improvement is part of dYdX’s broader mission to make decentralized trading faster, more intuitive, and more accessible. With ongoing enhancements to infrastructure and incentives, the platform continues to focus on delivering a user-first DeFi experience.To get started, visit dYdX and explore the Instant Deposit feature.

Best crypto platforms in Europe
Best crypto platforms in Europe
Best crypto platforms in Europe

Disclaimer

This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

dmitriy_maiorov.png
Dmitriy Maiorov
Dmitriy entered the crypto world in late 2022, driven by his passion for emerging technologies and the transformative potential of blockchain. With a strong background in project management across various industries, Dmitriy sought to apply his skills to the dynamic and rapidly evolving Web3 space. His experience spans several roles at BeInCrypto, where he has focused on digital marketing, SEO, and project management, particularly within the context of the crypto and finance sectors.
READ FULL BIO
Sponsored
Sponsored