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No-KYC Exchanges · October 2026

dYdX alternatives

12 no-kyc exchanges that do a similar job to dYdX, ranked by Safety grade. dYdX itself is graded Privacy 7.7 and Safety 7.0.

Read the dYdX review

dYdX alternatives in short

dYdX is graded 7.7 for privacy and 7.0 for safety. The closest no-kyc exchanges by Safety grade are Hyperliquid (6.7), NightTrader Exchange (6.4), Lighter (6.2). 1 of the 12 alternatives listed here have terms that rule out ID checks entirely.

Services like dYdX

Alternatives to dYdX
# Service KYC Privacy Safety Evidence
01
Hyperliquid No account needed Never holds your funds

On-chain order-book exchange for perpetuals and spot, used with your own wallet

Not mentioned KYC 1 7.5 6.7 Docs reviewed
02
NightTrader Exchange Never holds your funds

Order-book exchange using two-key deposit accounts with timelocked refunds

Not mentioned KYC 1 6.5 6.4 Docs reviewed
03
Lighter No account needed Never holds your funds

Zero-fee perpetuals and spot order book on an Ethereum layer 2, used with your own wallet

Not mentioned KYC 1 7.5 6.2 Docs reviewed
04
SafeTrade Accepts Monero

Small-cap spot exchange with email sign-up and no ID clause in its terms

Not mentioned KYC 1 5.8 5.7 Docs reviewed
05
Crypton Exchange No account needed

Order-book exchange for the Utopia ecosystem's CRP and UUSD, login by Utopia key

Never KYC 0 7.4 3.8 Docs reviewed
06
AltQuick

Small no-KYC altcoin exchange with testnet-coin markets and optional email

Not mentioned KYC 1 5.7 3.8 Docs reviewed
07
NonKYC.io Accepts Monero

Centralised spot exchange for small-cap coins that markets itself as KYC-free

Not mentioned KYC 1 5.3 3.8 Docs reviewed
08
CoinEx May ask for ID

Long-running centralised exchange with a $10,000 daily withdrawal limit before ID

On risk flag KYC 3 1.3 4.5 Docs reviewed
09
MEXC May ask for ID

Large offshore spot and futures exchange where ID is optional up to a withdrawal cap

On risk flag KYC 3 1.3 4.5 Docs reviewed
10
LMEX Accepts Monero May ask for ID

Spot and derivatives exchange run by a BVI company, with KYC possible at registration

On risk flag KYC 3 2.4 4.3 Docs reviewed
11
Toobit May ask for ID

Centralised derivatives and spot exchange with two-level KYC

On risk flag KYC 3 2.4 4.3 Docs reviewed
12
NestEx May ask for ID

Small custodial altcoin exchange that states it never requests KYC

On risk flag KYC 3 3.0 3.8 Docs reviewed

Check the rules where you live

Listings describe services. Whether a provider may serve you depends on local licensing rules.

Head to head

dYdX vs HyperliquiddYdX vs NightTrader ExchangedYdX vs LighterdYdX vs SafeTradedYdX vs Crypton ExchangedYdX vs AltQuickdYdX vs NonKYC.iodYdX vs CoinEx

Questions

Why look for an alternative to dYdX?

Common reasons are a held transaction, a change in terms, missing coins or payment methods, or simply wanting a second option. dYdX currently has 0 incidents on record.

What is the best alternative to dYdX?

By Safety grade, Hyperliquid (6.7 out of 10, Privacy 7.5). The right choice depends on the coins and payment methods you need, so compare the list.

Are these alternatives no-KYC?

Each one shows its KYC level, from 0 (ID never required) to 4 (mandatory). 7 of the 12 listed are level 0 or 1.