Provider at a glance
- Category
- Perp House Vaults
- Entity
- All 3 dYdX products
- Official website
- help.dydx.trade
Independent rankingchecked How it works
Details
Scored 52 out of 100 under methodology 2026.10.18, from the evidence read in September 2026.
dYdX MegaVault
Market-making vault on dYdX
Perp House Vaults
#8 Overall
Ranked #8 of 9 perp house vaults in the published ranking
52
ChainChoice Score
The ChainChoice Score, shown against 100: published scores run from 41 to 99.- High evidence confidence
Is dYdX MegaVault right for you?
Look elsewhere if these come first
- How much has this vault already lost when a trader won — and can I check that number myself, today, for free?5/10 here; Hyperliquid HLP scores 7
- When one trader's win is bigger than the pool, who pulls the plug — a rule I can read, or a vote I'll never hear?6/10 here; the category best is 9
- Who eats the loss before I do — and if I try to leave first, how much do they take?2/10 here; Jupiter JLP scores 6
- Is the number they advertise what I actually earned, or does it quietly leave out what the traders took from me?2/10 here; Jupiter JLP scores 9
Not yet tested for your country. Markets it lists: Europe, Asia, Latin America, Africa, Middle East & North Africa, Australia. Restricted: United States, Canada, United Kingdom.
to test where you can use it.
The rank above is the published one, the same for every reader. Find my best perp house vault shows where it lands for you.
What will dYdX MegaVault cost you?
Not priced on this basis
- Your stake
- $32k
- Expected gross yield
- 5%
How safe is dYdX MegaVault?
- Evidence: verified4 of 4 criteria rest on quoted, sourced receipts. Read September 2026.
- LicenceMiCA (EU): no register record on file here.
Alternatives to dYdX MegaVault
Compare all 4- 6Jupiter JLP9 points above · stronger on fee versus pnl honesty (9 against 2)61
- 7Hyperliquid HLP4 points above · stronger on verifiable loss of record (7 against 5)56
- 9Aster ALP8 points below · weaker on verifiable loss of record (1 against 5)44
For your setup
Find out if dYdX MegaVault fits you
The rank above is the published one — the same for every visitor. Answer the category's questions and this section shows where dYdX MegaVault lands for you, which criteria your answers weight up, and which stated needs the record does or does not meet. The published rank stays beside it.
- A few questions
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Find my best perp house vaultNothing is inferred from clicks, popularity or commercial value.
Why this rank
Why dYdX MegaVault ranks #8
Each strength is read from evidence on a 0–10 ladder and weighted as the published methodology states. The 32 objective points these produce (13.1 here) sit inside the score; availability, friction, trust record and measured data add the rest.
4 published criteria · Σ weight 100
CriterionWeightStrength · 0–10ScoreContrib.MedianBestRankEvidence
325+5.126.08#7/9Loading evidence…
286+5.387.09#6/9Loading evidence…
242+1.545.09#7/9Loading evidence…
162+1.026.09#7/9Loading evidence…
Hairline = best in this ranking · tick = its median · a missing bar is "not scored", never zero
Margin−4behind Hyperliquid HLP, #7
RobustnessHoldsacross a one-point change to each of its 4 criterion scores, the re-run scores 50–54 and stays #8
Evidence4 of 4 scored4 quoted, 4 with a source link
What would move the rank
Each line is the ranking run again with one of dYdX MegaVault’s criterion scores changed and every other value held: the smallest whole-point change on that criterion that moves its rank, and where the re-run puts it. Up to 4 climbs and 3 falls are listed, smallest change first. Nothing here is a forecast.
How much has this vault already lost when a trader won — and can I check that number myself, today, for free? 5 → 7 on its ladder · passes Hyperliquid HLP+256#8 → #7
When one trader's win is bigger than the pool, who pulls the plug — a rule I can read, or a vote I'll never hear? 6 → 9 on its ladder · passes Hyperliquid HLP+357#8 → #7
Who eats the loss before I do — and if I try to leave first, how much do they take? 2 → 5 on its ladder · passes Hyperliquid HLP+356#8 → #7
Is the number they advertise what I actually earned, or does it quietly leave out what the traders took from me? 2 → 6 on its ladder · passes Hyperliquid HLP+456#8 → #7
How much has this vault already lost when a trader won — and can I check that number myself, today, for free? 5 → 1 on its ladder · Aster ALP passes it−444#8 → #9
When one trader's win is bigger than the pool, who pulls the plug — a rule I can read, or a vote I'll never hear? 6 → 1 on its ladder · Aster ALP passes it−543#8 → #9
Smallest climb: “How much has this vault already lost when a trader won — and can I check that number myself, today, for free?” 5 → 7 passes Hyperliquid HLP, #7.
Strengths
0 from the score dataWhere it leads
No scored criterion is at or within one point of the category best, so no strength can be stated from the data.
Tradeoffs
4 from the score dataWhere it trails
Not for readers who put first
- How much has this vault already lost when a trader won — and can I check that number myself, today, for free? — 5/10 against a category best of 8/10
- When one trader's win is bigger than the pool, who pulls the plug — a rule I can read, or a vote I'll never hear? — 6/10 against a category best of 9/10
- Who eats the loss before I do — and if I try to leave first, how much do they take? — 2/10 against a category best of 9/10
- Is the number they advertise what I actually earned, or does it quietly leave out what the traders took from me? — 2/10 against a category best of 9/10
Record watch-outs
- You can be charged 100% of your withdrawal to leave. Not a queue, not a delay — a fee that the vendor's own worked example takes to total loss of principal: "A removes 50k, A would pay 100% slippage fee and receive $0", under a design that states "There are no hard limits on the leverage MegaVault assumes" and "MegaVault does not provide the ability to set the slippage level when removing funds." You cannot cap it, you cannot see it until the UI quotes it, and it gets WORSE for later leavers (4.9% → 19.06% → 35.5% in the medium-leverage example), so the rational response to any bad news is to run first — the opposite of what a depositor in a vault that must stay collateralised wants everyone else to do. And this is a live behaviour, not a hypothetical: equity fell 18.59% in the 89-day window read in August 2026 while cumulative PnL rose, and the window read on 2026-09-29 again shows equity down (from $1,847,859 to $1,815,371) while cumulative PnL rose $35,570.
Competitive position
Where dYdX MegaVault leads and where it trails
Rank on every objective dimension among the rows scored on it. A criterion in the top third of its pool is listed as a lead, the bottom third as a trail; the middle is neither. Popularity, size and commercial terms are not dimensions.
Availability#3 / 912.0 of 20 · best 14.0
Published criteria#8 / 99.8 of 30 · best 19.1
Friction#1 / 92.7 of 10 · constant here
Trust record#1 / 93.2 of 8 · constant here
Measured data#1 / 98.3 of 18 · constant here
Where dYdX MegaVault leadsNo criterion in the top third of its pool.
Where it trails
- How much has this vault already lost when a trader won — and can I check that number myself, today, for free?#7 / 9
- Who eats the loss before I do — and if I try to leave first, how much do they take?#7 / 9
- Is the number they advertise what I actually earned, or does it quietly leave out what the traders took from me?#7 / 9
Closest alternatives
The 3 nearest rows by score
Nearest by published score in either direction. Each card states the criteria on which the two rows differ and the cost difference under the same scenario inputs; the compare arithmetic below shows why the higher one ranks higher.
Hyperliquid HLP#7 of 9 · score 56 · 4.0 points ahead
dYdX MegaVault leads onNo scored criterion
Hyperliquid HLP leads on
- How much has this vault already lost when a trader won — and can I check that number myself, today, for free?7 vs 5
Largest single reason Hyperliquid HLP is ahead: published criteria (+3.9 display points).Scenario cost: Hyperliquid HLP has no verified pricing for this scenario.
Aster ALP#9 of 9 · score 44 · 8.0 points behind
dYdX MegaVault leads on
- How much has this vault already lost when a trader won — and can I check that number myself, today, for free?5 vs 1
Aster ALP leads onNo scored criterion
Largest single reason dYdX MegaVault is ahead: published criteria (+8.1 display points).Scenario cost: Aster ALP has no verified pricing for this scenario.
Jupiter JLP#6 of 9 · score 61 · 9.0 points ahead
dYdX MegaVault leads on
- When one trader's win is bigger than the pool, who pulls the plug — a rule I can read, or a vote I'll never hear?6 vs 3
Jupiter JLP leads on
- How much has this vault already lost when a trader won — and can I check that number myself, today, for free?6 vs 5
- Who eats the loss before I do — and if I try to leave first, how much do they take?6 vs 2
- Is the number they advertise what I actually earned, or does it quietly leave out what the traders took from me?9 vs 2
Largest single reason Jupiter JLP is ahead: published criteria (+9.6 display points).Scenario cost: Jupiter JLP has no verified pricing for this scenario.
Against the leader
81 vs 52 · gap 29.0Why GMX GM / GLV pools ranks above dYdX MegaVault
The compare workspace's arithmetic applied to these two rows. Each dimension's share of the gap is its weight × the difference, on the displayed scale — it reproduces the displayed gap of 29.0 to within rounding.
DimensionThisGMX GM / GLV poolsGap share
Availability · 23% weight12.014.0−5.2, worse
Published criteria · 35% weight9.819.1−24.2, worse
Friction · 12% weight · constant here2.72.7same
Trust record · 9% weight · constant here3.23.2same
Measured data · 21% weight · constant here8.38.3same
Published criterionThisGMX GM / GLV poolsPoints
How much has this vault already lost when a trader won — and can I check that number myself, today, for free? · w3258−3.07, worse
When one trader's win is bigger than the pool, who pulls the plug — a rule I can read, or a vote I'll never hear? · w2869−2.69, worse
Who eats the loss before I do — and if I try to leave first, how much do they take? · w2426−3.07, worse
Is the number they advertise what I actually earned, or does it quietly leave out what the traders took from me? · w1629−3.58, worse
Net5281−29.0
Your scenario
dYdX MegaVault is not priced for this scenario
The operator's cut of the rewards your stake earns — not a fee on the stake itself. Gross yield is your assumption, not ours. Change an input and every figure recomputes from the published rate; the published rank does not move.
commission/yr · default scenario — set your own
Your stake · your input$32k
Expected gross yield · your input5%
Rate read from the provider’s published pricing ↗ on 28 September 2026.
commission/yrCost is stated as commission/yr in USD; it is never a yield, never annualised, and it does not enter the score.
Not priced on this basis
Under the default inputs · USDCategory medianNot priced0 of 9 rows priced
Cheapest pricedNone pricedDifference not stated · availability not applied — set your country to filter
9 of 9 rows in this ranking have no verified rate for this scenario and are absent from the median, not counted as free.
Evidence
Evidence read 28 September 2026
One row per published criterion: the page each strength was read from, its source type by domain, the reading date and whether the file and the published table agree. Open a row for the quote and the receipt.
4 of 4 cells scored
Score evidenceVerified4 of 4 criteria reconstruct from receipts
4 of 4 criteria reconstruct from a quoted, sourced receipt equal to the published strength.Public receiptsReading…4 quoted with a source URL
The receipt file has not been read yet.Evidence confidenceHighcoverage and corroboration, never freshness
4/4 criteria scored, with 4 dated sources quoted.RobustnessHoldsrank #8 across every one-point re-run
Whether the position holds when one criterion score is changed by one point and the ranking is run again. It is always a re-run of the ranking, never an estimate.The newest evidence read on the platform is 3 November 2026; this category's reading is older. The scores stand as read on 28 September 2026.
Reading the evidence ledger…
CriterionSourceTypeReadFreshnessStatusReceipt
How much has this vault already lost when a trader won — and can I check that number myself, today, for free?strength 5 · weight 32Report an error—28 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.When one trader's win is bigger than the pool, who pulls the plug — a rule I can read, or a vote I'll never hear?strength 6 · weight 28Report an error—28 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Who eats the loss before I do — and if I try to leave first, how much do they take?strength 2 · weight 24Report an error—28 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Is the number they advertise what I actually earned, or does it quietly leave out what the traders took from me?strength 2 · weight 16Report an error—28 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.How you can lose money here, and what the ranking scores
- Control failure (dYdX MegaVault 6/10): a key or vote changes the rules, freezes or mints.Scored by When one trader's win is bigger than the pool, who pulls the plug — a rule I can read, or a vote I'll never hear? · 28%
- Insolvency failure: the firm or issuer that owes you cannot pay.Scored by How much has this vault already lost when a trader won — and can I check that number myself, today, for free? · 32% (dYdX MegaVault 5/10)Scored by Who eats the loss before I do — and if I try to leave first, how much do they take? · 24% (dYdX MegaVault 2/10)
Not assessed by this ranking: Contract failure, Oracle failure, Regulatory failure, Execution failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Is the number they advertise what I actually earned, or does it quietly leave out what the traders took from me? (16%).
Facts
facts, not scoresWhat the record publishes
- Pricing
- From https://
help .dydx .trade /en /articles /240151 -megavault-faq (byline "April 23, 2026"), fetched 2026-09-29: MegaVault publishes no management, performance or deposit fee. The only charge is a variable exit fee: "Slippage is a fee that you pay when you remove your funds and thereby cause the MegaVault to increase leverage." "The slippage fee is in proportion to how much funds removal increases the MegaVault leverage." "Slippage rates can be low, and may be very high. MegaVault does not provide the ability to set the slippage level when removing funds. There are no hard limits on the leverage MegaVault assumes." The page's worked scenarios run from "A removes $50k, A would pay 0 % slippage fee and receive $50k" (no leverage), through "A removes $50k, A would pay 4.9% slippage fee and receive $47,550" (medium leverage), to "C is the final party to remove funds, C removes 20k and would pay 100% slippage fee and receive $0" (8x leverage). https:// docs .dydx .xyz /concepts /trading /megavault (same date) adds: "Users can deposit USDC at any time with no minimums."dYdX MegaVault — official pricing page ↗ · 28 September 2026 - Prices published in
- USDdYdX MegaVault — official pricing page ↗ · 28 September 2026
- Licences held
- Not published
- Compliance level
- partial
- Regulatory note
- Not published
- Supported chains
- dYdX Chain (v4, Cosmos SDK appchain)
- Markets served
- europe, asia, latam, africa, mena, au
- Primary markets
- Not published
- Restricted markets
- United States, Canada, United Kingdom
- Operating limits
- Not published
- Availability note
- A GENUINE MARKET RESTRICTION, NOT merely the standard OFAC/sanctions representation — and it is stated on the product page itself, not buried in a ToS. Read 17 August 2026 on https://
help .dydx .trade /en /articles /240151 -megavault-faq: "Can anyone add funds to MegaVault? No. If you reside in, are located in, or have a registered office in the United States, Canada, or any other prohibited jurisdiction, you may not add funds to MegaVault." The dedicated geo page https:// help .dydx .trade /en /articles /166970 -geo-restrictions-site-access enumerates it and separates the two things explicitly: "the frontends operated by dYdX Operations Services Ltd. (DOS) are not available to users in certain restricted jurisdictions, including but not limited to: • United States • Canada • United Kingdom • Sanctioned countries (e.g., Iran, North Korea)" — i.e. three named developed markets EXCLUDED ON TOP OF the sanctions list, which is the distinguishing test. Enforcement is active and has teeth for a depositor: "Your IP address is checked on each page load and periodically while browsing", "Close-only mode is a restricted frontend state where a user is only able to: • Cancel existing orders • Reduce or fully close open positions (reduce-only) • Withdraw funds from the chain", and "If your wallet remains in Close-Only mode for 7 consecutive days, it will automatically transition to Blocked status" after which "Trading or withdrawing funds via the frontend will no longer be possible." Note the asymmetry a depositor should price: the restriction binds the FRONTEND operated by DOS; the chain itself is permissionless, and dYdX states "dYdX Operations Services Ltd. does not run dYdX Chain validators nor operate or control the dYdX Chain network." us and ca are therefore excluded from supportedRegions; europe is retained because only the UK is named, not the EU.
Legal entity on file: dYdX, placed in 3 products. Only confirmed entities are shown; nothing is inferred from the brand name.
If something goes wrong with dYdX MegaVault: where to complain, and where to report a scam
Loading the routes for your country.
How this page is reviewed
Reviewed means this product in this category was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
History
What the record carries
Changes to published ranks are recorded in a ledger; every step and its cause is listed on the rank-history page. The entries below begin with the current verified snapshot, then the methodology versions whose changes applied to this category, newest first.
12 methodology entries
- 28 September 2026Current verified snapshot · methodology 2026.10.18Score 52, #8 of 9. 4 of 4 criteria scored. History starts here; earlier values are not interpolated.
- 10 October 2026
2026.10.8When nothing serves your country, the list shown for reference is the published ranking · platform-wide- fixed The reference list shown when nothing serves your country is the published order with the published scores, and a build check now fails any such list out of that order or with a score the ranking does not publish.
- fixed The explorer prints an overall rank only for a row the published ranking holds; a country entrant such as Coinbase Commerce for US merchants shows no overall rank.
- changed Published orders do not move. Country results change only where nothing serves the country: in India bill pay keeps Bitcoin Well first and now shows Strike second, as published; 35 such runs across all categories and countries now match the published list exactly.
- 10 October 2026
2026.10.7Forty-one more products are offered only where their own quoted terms serve- fixed 141 country exclusions on 31 rows, each the name of a country the row's own quoted terms exclude: for example Mercuryo Hungary, China, Pakistan, Bangladesh, Chile, Colombia and Morocco; Gemini Custody the United Kingdom, Australia and the EU after its wind-down; Backed xStocks the US, Canada, the UK, Australia, Nigeria, the Philippines and Venezuela.
- changed Thirteen rows list the only countries their terms serve: Coins.ph the Philippines, Spritz bill pay, Brex, Unchained, WisdomTree, Franklin BENJI and AnchorWatch the United States (with its territories for AnchorWatch), PRYPCO Mint the UAE, N26 crypto seven EU countries, Gemini Tokenized Stocks the EU, XNET the US, Canada and the UK, Coldbit Steel and MetaMask Card the countries they list.
- changed Published (no-country) orders do not move. Country results change: in India six categories each lose one row (bill pay, cards, off-ramps, P2P, seed backup, tokenised real estate), and bill pay there has no row confirmed available, so it shows the published order marked as such; country pages list 23 fewer rows (24,357 to 24,334). The grounding test now matches full country names in any case, which shows seven earlier exclusions were quoted all along: the named debt of unquoted exclusions falls from 40 to 33 pairs.
- 10 October 2026
2026.10.6A criterion you require re-scores the rows that meet it · platform-wide- changed The explorer sends each criterion you require, at any band, as fit_required with your other answers; region, licence, chain and fact filters stay filters. On /best, a required criterion joins For you as a marked preference does, which needs your country; Overall stays the published ranking, filtered.
- added Every published criterion has a golden case as the explorer sends it (require:<criterion>), so the order a requirement gives is replayed and gated as the published order is, and a change to it needs an entry here.
Methodology 2026.10.18, the same published run every visitor sees · receipt perp_house_vaults:dydx_megavault:2026.10.18:cb4c5a285099
Are you dYdX MegaVault? Reply to this verdict, or send evidence, ask for a correction or claim the listing. Every message gets a public ticket number; none of it changes a rank unless a public page or a signed statement supports it.