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The recent update to the dYdX iOS app has transformed it into a more user-friendly platform for crypto derivatives traders, ensuring a cutting-edge trading experience.
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With millions of trades executed and billions in volume managed on iOS, dYdX continues to enhance its capabilities, making mobile trading more efficient and accessible.
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“The updated app allows traders to execute gasless, high-leverage trades across 190+ markets effortlessly,” said a representative from COINOTAG.
Discover the transformative features of the dYdX iOS app, streamlining crypto derivatives trading for both novice and seasoned investors.
What’s new in the dYdX iOS app?
The latest dYdX iOS update makes crypto derivatives more accessible by introducing:
- A sleeker interface that improves navigation and makes it easier for new traders to get started.
- Swipe-based trading for a smooth, hassle-free experience.
- Clearer risk management tools that provide instant insights into available buying power and exposure.
With slide-in and slide-out functionality, traders can now open and close positions in seconds. This significantly reduces friction in high-speed markets. Overall, these updates have done a neat job bringing a truly mobile-first trading experience where users always stay in control.
Crypto derivative trading is generally a tough nut to crack, especially if you are starting out with the most basic tools. Complex charts, leverage settings, and market indicators often discourage and intimidate, encouraging you to give up, or worse, to make questionable calls.
This is where having an intuitive, well-designed platform can make all the difference, helping you bypass complexities with confidence. The dYdX iOS app enables you to execute gasless, high-leverage trades across 190+ markets while maintaining full self-custody.
The most recent update takes the usability factor up a notch by removing avoidable complexities while keeping the advanced tools intact.
Even before the February 2025 update, the dYdX app enabled traders to deposit, withdraw, and execute margin trades with high leverage. You could place limit, market, and stop orders while benefiting from deep liquidity and low fees.
The new version retains all these core features but introduces a more intuitive workflow that simplifies execution for both experienced and first-time traders. It ensures that crypto mobile trading on dYdX is smoother, more responsive, and better optimized for on-the-go traders.
To cut a long story short, you can now react to market movements faster and with greater precision, thanks to the redesigned interface, instant position management, and swipe-to-trade functionality (among other additions).
Key improvements in dYdX iOS in 2025
So, now that you are familiar with the direction dYdX iOS has taken with the February 2025 update, let’s examine each improvement one by one.
Faster and easier onboarding
The latest update streamlines the wallet connection and funding process. Previously, you had to deal with multiple steps to set up an account, which could be confusing if you were unfamiliar with decentralized platforms. Now, the process has been condensed into a simple, step-by-step flow.
You can now connect a self-custody wallet such as MetaMask, Ledger, or Trust Wallet within seconds.
Once linked, you receive a dedicated dYdX Wallet Address, which eliminates the need to manually enter deposit details for every transaction. Among other perks, this new approach ensures funds are sent to the correct address without errors.
Additionally, fiat on-ramp services have been integrated, which means you can buy USDC directly from the app via third-party providers. This eliminates the need to first purchase crypto on an external exchange before transferring it to dYdX.
With these changes, you can now onboard significantly faster and focus on trading straightaway rather than the initial setup.
Clearer buying power display
Leverage-based trading requires a precise understanding of available funds and risk exposure.
The older app displayed a leverage slider, which allowed you to adjust leverage manually but did not always paint a clear picture of the total funds you could trade with. This has now been replaced with a real-time buying power display, which makes it easier to gauge how much capital is available.
Now, instead of adjusting a slider, you can see your total buying power calculated based on your deposited collateral.
For instance, if you deposit $1,000, you immediately see that you can trade up to $50,000 in BTC or ETH at 50x leverage. This feature eliminates guesswork and helps you better plan position sizes. It also reduces the risk of overextending or underutilizing capital.
Additionally, this update prevents you from selecting excessive leverage levels beyond your risk tolerance. It does so by integrating real-time liquidation price calculations.
For example, if a position is at risk of liquidation, the app provides an instant alert, thereby helping you make informed decisions before executing trades.
Risk management made simpler
Managing risk is essential in leveraged derivative trading, where small market movements can significantly impact your position. The updated dYdX iOS app integrates real-time risk level indicators to ensure you always know your exposure before and after entering a trade.
The app now displays risk levels throughout the interface. This new approach provides continuous insights into margin utilization, liquidation price, and collateral health.
So, instead of switching between multiple screens, traders benefit from color-coded risk indicators that quickly show whether your position is low, moderate, or high risk.
For instance, if you open a highly leveraged position, the system automatically highlights the potential liquidation price. If market conditions shift, you receive early alerts. This way, you can adjust leverage, close positions, or add collateral before facing liquidation.
Additionally, the new portfolio dashboard provides an overview of all open trades. It displays real-time profit/loss, collateral utilization, and maintenance margin requirements.
This helps you stay on top of your exposure without constantly checking individual positions. Overall, the updated app enables traders to make smarter, more calculated decisions by making risk levels instantly visible and actionable.
Swipe-based trading for faster execution
One of the biggest pain points in crypto trading is accidentally misclicking or confirming trades under pressure. The new swipe-to-trade feature minimizes this risk while speeding up execution.
Instead of manually entering order details and clicking multiple confirmation buttons, you can now open, close, or adjust positions with a simple swipe. This reduces friction and prevents accidental misclicks, which is especially useful during volatile market movements where split-second decisions matter.
The new Simplified UI introduces swipe-to-trade, making execution faster and more intuitive than ever. Instead of manually entering order details, you can now:
➤ Swipe to open a position instantly.
➤ Swipe to close trades with zero delays.
➤ Adjust leverage or add margin without switching between multiple screens.
For instance, when going long or short, you now select the market, adjust your trade size, and swipe to confirm. This eliminates unnecessary steps. Additionally, it also improves trade consistency on mobile by reducing execution time compared to traditional button-based confirmation methods.
Furthermore, the swipe functionality extends to position management, which allows you to quickly adjust leverage, add margin, or close trades without juggling between multiple screens.
Put simply, the updated dYdX iOS app makes trading more intuitive, secure, and responsive for both beginners and professionals looking for faster market execution.
Faster and more accessible withdrawals
Before the February 2025 update, withdrawals on dYdX iOS usually took several minutes — especially during network congestion or validator delays. The update has now reduced the wait time significantly while making no compromises to security.
New bridging solutions and direct settlements now allow you to withdraw assets in under a minute, which erstwhile, took as high as 15-20 minutes. Faster withdrawals help you move funds between exchanges or rebalance portfolios without unnecessary delays.
The update also improves transaction reliability by reducing failed or delayed withdrawals caused by network congestion or fluctuating gas fees. A real-time status tracker now lets users monitor withdrawals directly within the app.
And finally, frequent fund transfers are now quicker and more predictable, which improves overall liquidity management.
New dYdX iOS app in a nutshell
Here’s a quick overview of the key features in the updated app:
- Two trading modes: The Default mode is simpler and comes with a simplified interface for crypto holders new to perpetual trading. The Pro mode, meanwhile, features advanced tools designed for professional traders.
- Market access and trading flexibility: The app supports long and short positions to trade in both rising and falling markets. It enables trading of multiple crypto assets in one platform, unlike chain-restricted exchanges.
- Decentralization and security: Fully decentralized, meaning you retain full control over your funds. There are no intermediaries, which further reinforces transparency and security.
- Portfolio and risk management: The app features a detailed portfolio page displaying account balance, buying power, and risk indicators. You also get tools for monitoring positions and risk exposure efficiently.
- Increased buying power: dYdX supports leverage up to 50x, meaning you can deposit $1,000 and trade up to $50,000.
dYdX iOS app: Pros and cons
Pros | Cons |
Two trading modes – default mode for beginners, pro mode for advanced traders. | Perpetual trading only – no spot trading available. |
Swipe-to-trade functionality – faster execution with reduced risk of misclicks. | Learning curve – improved UI, but still can be complex for some beginners. |
Increased buying power – up to 50x leverage, trade $50,000 with a $1,000 deposit. | Not available in some regions – regulatory restrictions in certain countries. |
Deep liquidity and low fees – gasless transactions for cost-effective trading. | |
Decentralized and non-custodial – you retain full control over funds. | |
Faster withdrawals – funds can now be withdrawn faster than ever. | |
Comprehensive risk management – real-time liquidation alerts, margin utilization insights. | |
Growing community – active Discord and trader discussions for support. |
Is the new dYdX iOS app worth a shot?
Overall, the latest update does a pretty decent job improving the usability, speed, and risk management of the dYDX iOS app. It brings along a faster, more intuitive trading experience for anyone seeking a simple yet professional DeFi platform for crypto derivatives. The dYdX community is also expanding rapidly; you can come together with other traders on Discord to share insights and strategies. This is particularly beneficial if you’re just starting out or testing the waters with derivatives trading. Overall, if you are into mobile crypto trading, the dYdX iOS app is definitely an option worth considering.