Liquidity depth per major asset
dYdX v4 (dYdX Chain)'s assessment for RD-F-065 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
dYdX v4 is an off-chain orderbook perpetuals DEX — no on-chain DEX pool exists to measure 2%/5% slippage depth in the conventional sense. The single deposited asset is USDC (IBC from Noble), which is liquid at par. Perps-specific order book depth is controlled by MegaVault sub-vault quoting and external market-makers, not quantifiable via DEX subgraph. Factor methodology assumes DEX/AMM pool; does not map to an off-chain orderbook architecture.
Sources #
- URLdYdX V4 TVL, Fees, Revenue & Volume — DefiLlamaDefiLlama dydx-v4 — OI $76.3M, volume $3.83B 30dretrieved 2026-05-17
- dYdX v4 Technical Architecture OverviewdYdX v4 technical architecture overview — off-chain orderbook designretrieved 2026-05-17
Methodology #
Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.
See the full factor methodology and distribution across all protocols →