{ "data": { "a": { "slug": "binance", "name": "Binance API", "vendor": "Binance", "vendorUrl": "https://developers.binance.com/", "kind": "http-api", "category": "crypto-exchanges", "summary": "Binance's API covers spot, margin and futures trading, market data and account endpoints over REST, WebSocket and FIX, with a free spot testnet and a remote MCP server, documented on 30 October 2026, that trades inside a dedicated Agentic sub-account.", "url": "https://www.anchorterminal.com/tools/binance", "markdownUrl": "https://www.anchorterminal.com/tools/binance.md", "slimMarkdownUrl": "https://www.anchorterminal.com/tools/binance.min.md", "jsonUrl": "https://www.anchorterminal.com/api/v1/tools/binance.json", "dns": "binance.grade.anchorterminal.com", "repo": "https://github.com/binance/binance-spot-api-docs", "license": "Proprietary hosted service under Binance's Terms of Use, which load by script and weren't read. The API docs, connectors, CLI and Skills Hub are open on GitHub under MIT", "transports": [ "streamable-http" ], "remoteUrl": "https://agent.binance.com/mcp/agentic", "packages": [], "auth": "mixed", "authNotes": "API key with an HMAC secret, or a self-generated RSA or Ed25519 key pair whose public key is registered, sent as X-MBX-APIKEY with a signed query and timestamp (recvWindow 5000 ms by default). Permissions are reading, spot and margin trading, futures and withdrawals; an HMAC key without an IP restriction can only read since 30 January 2023, and withdrawals need an IP restriction. Only Verified Plus accounts can create keys. The MCP server uses OAuth in a desktop browser with four scopes (market data, account, trade, transfer) on a dedicated Agentic sub-account and no withdrawal scope (https://www.binance.com/en/support/faq/detail/360002502072, https://developers.binance.com/en/docs/agent-native/mcp-server/agentic, checked 2026-11-03).", "pricing": "usage", "pricingNotes": "The API costs nothing to call. Spot trades carry a standard fee of 0.1 per cent for regular users per the fee FAQ; the maker and taker table on the fee page loads by script and wasn't read, nor were futures fees. Public market data and the spot testnet need no account; the testnet needs a GitHub login.", "priceSummary": "0.1% fee", "where": "hosted", "x402": { "level": "no", "evidence": "No x402, MPP or L402 on the exchange API or the MCP server in the docs read (checked 2026-11-03). A separate Binance x402 product is named in press coverage of Agent OS, which wasn't read first-hand.", "endpoints": [] }, "toolCount": null, "popularity": { "githubStars": 4903, "npmWeekly": null, "pypiWeekly": null, "asOf": "2026-11-03" }, "docsUrl": "https://developers.binance.com/docs/binance-spot-api-docs/README", "llmsTxt": "https://developers.binance.com/en/docs/llms.txt", "capabilities": [ "exchange.spot-trading", "exchange.market-data", "exchange.derivatives", "exchange.balances", "exchange.transfers", "exchange.staking", "market.crypto" ], "tags": [ "hosted", "official", "closed-source", "api-key", "oauth", "mcp", "remote-mcp", "llms-txt", "sandbox", "python", "typescript", "java", "go", "cli", "usage-priced", "no-card" ], "lastRelease": "2026-10-30", "graded": true, "anchor": { "graded": true, "score": 63.2, "grade": "B", "agentReady": false, "rank": 473, "ranked": true, "rankOf": 1349, "categoryRank": 6, "methodology": "0.7", "run": "2026-10-01", "scores": { "ergonomics": 76, "maintenance": 81, "payments": 35, "reliability": 45, "schema": 86, "security": 72, "transparency": 43 }, "pending": [ "performance", "tasks" ], "assessment": { "confidence": "medium", "date": "2026-11-03" }, "negative": 0, "verdict": "Binance publishes numeric rate limits, a free testnet with FIX, connectors in eight languages and, since late October 2026, a remote MCP server that trades only in a dedicated sub-account with no withdrawal scope. There is no status page, the terms and privacy notice could not be read, and the MCP tool list is not published.", "bestFor": "An agent trading a funded Binance account outside the prohibited countries, with the deepest set of markets in this group and a free testnet.", "strengths": [ "Rate limits published as per-endpoint weights with 6,000 a minute, 50 orders per 10 seconds and Retry-After on 429 and 418", "Spot testnet with REST, WebSocket and FIX endpoints, virtual balances and production limits, free with a GitHub login", "Official remote MCP server with OAuth scopes, an isolated Agentic sub-account, no withdrawal scope and confirmation before writes", "Keys with reading, trading, futures and withdrawal permissions; unrestricted-IP HMAC keys can only read and withdrawals need an IP restriction", "Dated changelog since 2018 with retirement dates announced months ahead, llms.txt and llms-full.txt" ], "weaknesses": [ "No status page or incident history found on binance.com or in the API docs", "The Terms of Use and privacy notice load by script and weren't read, so what they say about bots and API use is unknown", "The MCP server's tool list and schemas are not published; the docs describe four scopes", "The maker and taker fee table loads by script; only the 0.1 per cent standard rate in a FAQ was read", "binance-api-swagger was last pushed in October 2024, so the machine-readable spec lags the docs" ], "agentNotes": [ "Read the X-MBX-USED-WEIGHT and X-MBX-ORDER-COUNT headers and stop on 429 for the Retry-After seconds; a 418 ban runs 2 minutes to 3 days", "Treat a 5xx on an order as unknown, not failed, and query the order by origClientOrderId before retrying", "Use an Ed25519 key with an IP restriction and only the reading and trading permissions; never enable withdrawals for an agent key", "Develop on testnet.binance.vision with BINANCE_API_ENV=testnet; it resets about monthly without notice", "For the MCP route, the person must fund the Agentic sub-account from the web UI first; the agent cannot move funds in from the main account" ], "metrics": { "kind": "remote", "measured": false }, "reviewCount": 0, "avgRating": 0, "history": [ { "basis": "public evidence", "confidence": "medium", "grade": "B", "methodology": "0.7", "pending": [ "performance", "tasks" ], "run": "2026-10-01", "runLabel": "October 2026 research run", "score": 63.2 } ], "editorialScores": { "ergonomics": 76, "maintenance": 81, "payments": 35, "reliability": 45, "schema": 86, "security": 72, "transparency": 31 }, "provenanceScore": 54, "checked": { "categories": { "ergonomics": "2026-11-03", "maintenance": "2026-11-03", "payments": "2026-11-03", "reliability": "2026-11-03", "schema": "2026-11-03", "security": "2026-11-03", "transparency": "2026-11-03" }, "last": "2026-11-03", "oldest": "2026-11-03", "stale": false, "staleAfterDays": 90 } }, "connect": { "http": "curl https://api.binance.com/api/v3/ticker/price?symbol=BTCUSDT", "claudeCode": "claude mcp add binance-mcp-server --transport http https://agent.binance.com/mcp/agentic", "config": { "mcpServers": { "binance-mcp-server": { "url": "https://agent.binance.com/mcp/agentic" } } } }, "letme": { "capability": "https://letme.dev/exchange.spot-trading", "tool": "https://letme.dev/binance" }, "area": "payments", "unitPrices": [ { "item": "Spot trade, regular user", "unit": "pct", "usd": 0.1, "note": "standard fee per the fee FAQ; maker and taker table not read" } ], "provenance": { "legalEntity": "", "domain": "binance.com", "domainRegistered": "2017-04-01", "endpointOnVendorDomain": true, "terms": "https://www.binance.com/en/terms", "privacy": "https://www.binance.com/en-GB/about-legal/privacy-portal", "statusPage": "", "changelog": "https://developers.binance.com/docs/binance-spot-api-docs/CHANGELOG", "securityTxt": "unknown", "checked": "2026-11-03", "notes": [ "The Terms of Use and the privacy pages answered our reader with navigation and footer only, so no contracting entity, governing law or data-handling statement was read. The about page names three ADGM entities as regulated subsidiaries, not as the contracting party.", "RDAP gives binance.com a registration date of 1 April 2017.", "https://www.binance.com/.well-known/security.txt has a Contact line (security@binance.com) and no Expires or Policy line, so its validity is unknown under RFC 9116.", "No status page was found. www.binance.com/robots.txt allows the pages read and disallows */api/, */bapi/ and */my/; developers.binance.com and agent.binance.com have no robots.txt (404); api.binance.com and testnet.binance.vision disallow all crawlers, so no API call was made to either.", "The spot API changelog is dated, newest 30 October 2026." ], "score": 54 }, "pageJsonUrl": "https://www.anchorterminal.com/tools/binance.json", "live": { "slug": "binance", "probe": { "target": "https://agent.binance.com/mcp/agentic", "method": "get", "lastAt": "2026-11-04T21:27:41.116383471Z", "lastOk": true, "lastStatus": 404, "lastMs": 476, "authRequired": false, "uptime24h": 100, "uptime30d": 100, "p50ms24h": 476, "p95ms24h": 586, "samples24h": 62, "samples30d": 62, "days": [ { "date": "2026-11-04", "probes": 62, "ok": 62 } ] }, "githubStars": 4902, "securityTxt": { "url": "https://binance.com/.well-known/security.txt", "state": "valid", "checkedAt": "2026-11-04T15:53:46.658619838Z" }, "updatedAt": "2026-11-04T21:27:41.116383471Z" } }, "answer": "dYdX scores 69.5 (B) on agent readiness against Binance API's 63.2 (B), and leads in 5 of 7 scored categories. Binance API leads on schema \u0026 documentation and agent ergonomics.", "b": { "slug": "dydx", "name": "dYdX", "vendor": "dYdX Trading Inc.", "vendorUrl": "https://www.dydx.xyz", "kind": "http-api", "category": "crypto-exchanges", "summary": "dYdX is a perpetuals exchange on its own Cosmos chain. Agents read markets and accounts from the indexer REST and WebSocket API at indexer.dydx.trade and place orders as signed chain transactions through the official TypeScript, Python and Rust clients.", "url": "https://www.anchorterminal.com/tools/dydx", "markdownUrl": "https://www.anchorterminal.com/tools/dydx.md", "slimMarkdownUrl": "https://www.anchorterminal.com/tools/dydx.min.md", "jsonUrl": "https://www.anchorterminal.com/api/v1/tools/dydx.json", "dns": "dydx.grade.anchorterminal.com", "repo": "https://github.com/dydxprotocol/v4-clients", "license": "The clients are AGPL-3.0 with a use condition tied to the v4 Terms of Use; the chain software (dydxprotocol/v4-chain) carries a custom licence GitHub cannot classify. The hosted indexer at indexer.dydx.trade and the front end are run by third parties, not dYdX Trading Inc.", "transports": [], "packages": [ { "registry": "npm", "name": "@dydxprotocol/v4-client-js" }, { "registry": "pypi", "name": "dydx-v4-client" } ], "auth": "mixed", "authNotes": "Indexer reads need no credential. Orders, cancels and transfers are chain messages signed with the account's key (a mnemonic or private key in the clients). Permissioned keys let an owner add an authenticator that lets another key act within limits, composed from SignatureVerification, MessageFilter (for example only /dydxprotocol.clob.MsgPlaceOrder), SubaccountFilter and ClobPairIdFilter under AllOf or AnyOf, and removed with remove_authenticator. The dydx.trade interface generates an API wallet with default permission to trade all cross-margin pairs and shows its private key once (https://docs.dydx.xyz/concepts/trading/authenticators, checked 2026-11-03).", "pricing": "usage", "pricingNotes": "The indexer and clients have no charge. Trading fees at the lowest tier (under $1 million of 30-day volume) are 5.0 bps taker and 1.0 bps maker, set by governance, uniform across markets, with gas on each transaction; fees flow to validators and stakers (https://docs.dydx.xyz/concepts/trading/rewards, checked 2026-11-03).", "priceSummary": "0.05% fee", "where": "local", "x402": { "level": "no", "evidence": "No x402, MPP or L402 in the docs or clients (checked 2026-11-03). Accounts are funded with USDC through Noble or an onboarding partner.", "endpoints": [] }, "toolCount": 0, "popularity": { "githubStars": 119, "npmWeekly": 86394, "pypiWeekly": null, "asOf": "2026-11-03" }, "docsUrl": "https://docs.dydx.xyz/", "llmsTxt": "https://docs.dydx.xyz/llms.txt", "capabilities": [ "exchange.derivatives", "exchange.market-data", "exchange.balances", "exchange.transfers", "exchange.staking", "market.crypto", "wallet.onchain" ], "tags": [ "official", "hosted", "open-source", "llms-txt", "typescript", "python", "rust", "sandbox", "usage-priced", "status-page", "bug-bounty", "no-key", "rest" ], "lastRelease": "2026-10-29", "graded": true, "anchor": { "graded": true, "score": 69.5, "grade": "B", "agentReady": false, "rank": 222, "ranked": true, "rankOf": 1349, "categoryRank": 3, "methodology": "0.7", "run": "2026-10-01", "scores": { "ergonomics": 66, "maintenance": 83, "payments": 60, "reliability": 83, "schema": 58, "security": 78, "transparency": 50 }, "pending": [ "performance", "tasks" ], "assessment": { "confidence": "medium", "date": "2026-11-03" }, "negative": 0, "verdict": "dYdX gives an agent keyless indexer reads, permissioned keys limited by message type, subaccount and market, a Statuspage with a clean 90 days, published fees and a testnet with a faucet. There is no official MCP server or OpenAPI file, orders are chain transactions signed by the clients, and no one entity operates the hosted endpoints.", "bestFor": "An agent trading perpetuals from its own Cosmos wallet or through a permissioned key on an owner's account, outside the US, Canada and UK.", "strengths": [ "Permissioned keys limit a delegated key to chosen message types, subaccounts and markets, exclude withdrawals and transfers, and are removed with `remove_authenticator`", "status.dydx.trade lists Indexer, Chain, Order Gateway and Client Libraries components, with only maintenance windows and one partner deposit delay in the last 90 days", "Fees public at 5.0 bps taker and 1.0 bps maker at the lowest tier, with rate limits and block limits stated with numbers", "Official TypeScript, Python and Rust clients with CI and trusted publishing, and a testnet with a faucet", "A Cantina bug bounty up to $1,000,000 sponsored by dYdX Trading Inc. covering the protocol, indexer, web client and client SDKs" ], "weaknesses": [ "No official MCP server; the one registry entry is a third party's analytics server", "No OpenAPI file for the indexer; error responses are described by HTTP status only, and chain rejections surface as transaction results", "No 429 handling or Retry-After documented for the indexer; permissioned keys cannot cap position or order size", "The hosted indexer and front end are run by unnamed third parties; dYdX Trading Inc. says it runs none of the components", "Restricted to persons outside the United States, Canada and the United Kingdom, with geo-blocking left to each integrator" ], "agentNotes": [ "Ask the account owner for an authenticator limited to `/dydxprotocol.clob.MsgPlaceOrder` and `MsgCancelOrder` on one subaccount, and keep its private key out of prompts", "Set a unique 32-bit `clientId` on every order and look it up on `/v4/orders` after a timeout; short-term orders expire with `goodTilBlock` (at most 20 blocks ahead)", "Stay under 2 stateful orders a block and 20 per 100 blocks; failed placements count, so use short-term orders for active trading", "Enable permessage-deflate on the indexer WebSocket; since 26 October 2026 connections without compression may be refused with 426", "Check `/v4/geo` and the compliance screen before trading for a person, since the terms exclude the United States, Canada and the United Kingdom" ], "metrics": { "kind": "remote", "measured": false }, "reviewCount": 0, "avgRating": 0, "history": [ { "basis": "public evidence", "confidence": "medium", "grade": "B", "methodology": "0.7", "pending": [ "performance", "tasks" ], "run": "2026-10-01", "runLabel": "October 2026 research run", "score": 69.5 } ], "editorialScores": { "ergonomics": 66, "maintenance": 83, "payments": 60, "reliability": 83, "schema": 58, "security": 78, "transparency": 50 }, "provenanceScore": 50, "checked": { "categories": { "ergonomics": "2026-11-03", "maintenance": "2026-11-03", "payments": "2026-11-03", "reliability": "2026-11-03", "schema": "2026-11-03", "security": "2026-11-03", "transparency": "2026-11-03" }, "last": "2026-11-03", "oldest": "2026-11-03", "stale": false, "staleAfterDays": 90 } }, "connect": { "install": "npm install @dydxprotocol/v4-client-js", "http": "curl https://indexer.dydx.trade/v4/orderbooks/perpetualMarket/ETH-USD" }, "letme": { "capability": "https://letme.dev/exchange.derivatives", "tool": "https://letme.dev/dydx" }, "area": "payments", "unitPrices": [ { "item": "Taker fee, tier 1", "unit": "pct", "usd": 0.05, "note": "5.0 bps of notional; maker 1.0 bps" } ], "provenance": { "legalEntity": "dYdX Trading Inc.", "domain": "dydx.xyz", "domainRegistered": "", "endpointOnVendorDomain": false, "terms": "https://dydx.exchange/v4-terms", "privacy": "https://www.dydx.xyz/legal/privacy-policy", "statusPage": "https://status.dydx.trade", "changelog": "", "securityTxt": "unknown", "checked": "2026-11-03", "notes": [ "dYdX Trading Inc. is the entity in the v4 Terms of Use (last updated 12 March 2026), the clients' licence and the Cantina bug bounty. dydx.xyz's terms and privacy policy (6 June 2025) name dYdX International Ltd, Cayman Islands, and its footer reads dYdX International Ltd.", "The indexer at indexer.dydx.trade is not on dydx.xyz and the docs say dYdX Trading Inc. runs none of the hosted components, so the endpoint is recorded as off the vendor's domain.", "RDAP for dydx.trade answered 404 at the Identity Digital and rdap.org services, so the domain age is unchecked; the vendor domain dydx.xyz was not queried.", "status.dydx.trade is an Atlassian Statuspage with five components and an RSS history; its robots.txt disallows /api/ and /embed/, so the history was read from /history.rss.", "https://dydx.trade/.well-known/security.txt answered the app's HTML page, so security.txt is unknown. No API changelog; protocol upgrades appear as status maintenance entries." ], "score": 50 }, "pageJsonUrl": "https://www.anchorterminal.com/tools/dydx.json", "live": { "slug": "dydx", "vendorStatus": { "page": "https://status.dydx.trade", "indicator": "none", "summary": "All Systems Operational", "checkedAt": "2026-11-04T21:25:45.353365472Z" }, "versions": [ { "registry": "github", "name": "dydxprotocol/v4-clients", "version": "v4-client-js@3.4.0", "released": "2025-12-17", "seenAt": "2026-11-04T20:13:31.787772276Z" }, { "registry": "npm", "name": "@dydxprotocol/v4-client-js", "version": "3.6.0", "seenAt": "2026-11-04T20:13:31.051904709Z" }, { "registry": "pypi", "name": "dydx-v4-client", "version": "1.1.6", "released": "2026-02-12", "seenAt": "2026-11-04T20:13:31.571685567Z" } ], "githubStars": 119, "npmWeekly": 75463, "pypiWeekly": 707, "securityTxt": { "url": "https://dydx.xyz/.well-known/security.txt", "state": "none", "checkedAt": "2026-11-04T15:54:03.349495473Z" }, "updatedAt": "2026-11-04T21:25:45.353365472Z" } }, "edges": [ { "by": 38, "category": "reliability", "leads": "dydx", "name": "Reliability", "reasons": { "a": "Read with the hosted lines on the spot REST API. No status page was found on binance.com or in the API docs (0), so no incident record (5). Rate limits are published as per-endpoint weights with numbers from exchangeInfo, 6,000 request weight a minute, 50 orders per 10 seconds, 160,000 a day and 61,000 raw requests per 5 minutes, and FIX limits per session (15). 429 and 418 carry Retry-After, a 5xx is documented as unknown status to be queried, and orders take a client order id (15). No SLA (0). Generally available (10). 0 + 5 + 15 + 15 + 0 + 10 = 45.", "b": "Read with the hosted lines on the indexer API and the chain endpoints the clients submit to. status.dydx.trade is an Atlassian Statuspage with Frontends, dYdX Chain, Indexer, Order Gateway and Client Libraries components and an RSS history (20). From 1 August to 3 November 2026 the feed has eight items, seven scheduled maintenance windows of 29 minutes to 2 hours (indexer on 9 September, 8 and 15 October, protocol v9.7 on 11 September and v9.8.0 on 12 October, WebSocket compression on 26 and 28 October) and one degraded instant-deposit path through an onboarding partner from 24 to 29 September, outside the trading API. Clean or trivial (30). Rate limits documented with numbers for the indexer, the block limits and the public nodes (15). No 429 shape or Retry-After for the indexer; short-term orders expire by `goodTilBlock` and client IDs let an agent find an order after a timeout (8 of 15). No SLA (0). Mainnet generally available; the Order Entry Gateway is marked testnet-only (10). 20 + 30 + 15 + 8 + 0 + 10 = 83." }, "scores": { "a": 45, "b": 83 } }, { "by": 28, "category": "schema", "leads": "binance", "name": "Schema \u0026 documentation", "reasons": { "a": "The docs are Markdown in a public repository with a Postman collection and a Swagger spec, but the spec was last pushed in October 2024 (20 of 25). llms.txt and llms-full.txt on developers.binance.com (10). Each endpoint states its weight, parameters and notes on behaviour, with less on when not to use one (15 of 20). Enums for order types, time in force and symbol filters, required columns in the parameter tables (12 of 15). Request and response examples throughout and an error code list with messages (14 of 15). A dated changelog since 2018 with retirements announced months ahead, such as the 2 September 2026 field removal notified on 2 December 2025 (15). 20 + 10 + 15 + 12 + 14 + 15 = 86.", "b": "No OpenAPI file found for the indexer; the docs publish a types reference of about 200 pages (OrderSide, TimeInForce, OrderStatus and the rest) and the chain's protobuf messages are in the clients (8 of 25). llms.txt and Markdown docs (10). Endpoint pages describe each call and the guides say when to use short-term against long-term orders and the indexer against the node, but descriptions are short (12 of 20). Enums and types on every field in the reference, with pagination and cursor parameters typed (11 of 15). Examples in Python, TypeScript and Rust for each step; errors are described by HTTP status (400 malformed, 404 not found) with no code list (9 of 15). A /v4 path, protocol releases dated on the status page, deprecated rate-limit fields marked, but no API changelog (8 of 15). Total 58." }, "scores": { "a": 86, "b": 58 } }, { "by": 25, "category": "payments", "leads": "dydx", "name": "Payments \u0026 pricing", "reasons": { "a": "No machine payment protocol (0). A 0.1 per cent standard spot fee is stated in the fee FAQ; the maker and taker table and futures fees load by script and weren't read (15 of 20). Public market data needs no key and the testnet is free with a GitHub login (20). A person signs up, passes Verified Plus verification, deposits and mints a key (0). 0 + 15 + 20 + 0 = 35.", "b": "No machine payment protocol (0). Fees public per tier without login (20). Testnet with a faucet and no card anywhere (20). No signup; an agent with a funded wallet trades, subject to the geographic terms (20). Total 60." }, "scores": { "a": 35, "b": 60 } }, { "by": 10, "category": "ergonomics", "leads": "binance", "name": "Agent ergonomics", "reasons": { "a": "limit on depth, trades and klines, a symbols filter on exchangeInfo and tickers, and SBE encoding, though fields cannot be selected (16 of 25). fromId, startTime, endTime and limit on history endpoints (16 of 20). Error codes with messages an agent can branch on, such as the rate limit and timestamp errors (17 of 20). newClientOrderId on orders, a cancel-replace endpoint and the 5xx unknown-status rule, but no idempotency key on other writes (12 of 20). Connectors in nine languages, a CLI with testnet and demo profiles, and a timestamped HMAC or Ed25519 signature on every private call (15). 16 + 16 + 17 + 12 + 15 = 76.", "b": "An API, read for response sizing. `limit` on list endpoints, candles by resolution, sparklines by period; the order book comes whole (16 of 25). `limit`, `page` on fills, transfers and funding, and height or time cursors (16 of 20). Indexer errors are a status and a sentence; order rejections come back from the chain as transaction results the clients surface (8 of 20). Unique 32-bit client IDs, `goodTilBlock` expiry on short-term orders, cancel by order ID; no MCP annotations apply (14 of 20). Few required fields with market parameters fetched for unit conversion, and official clients in TypeScript, Python and Rust (12 of 15). Total 66." }, "scores": { "a": 76, "b": 66 } }, { "by": 7, "category": "transparency", "leads": "dydx", "name": "Transparency \u0026 trust", "reasons": { "a": "The editorial half. A closed service whose Terms of Use couldn't be read; the docs, connectors, CLI and skills are MIT on GitHub (10 of 30). The privacy notice couldn't be read, so no retention or subprocessor statement was checked; the prohibited-countries list is public and dated (5 of 30). The changelog gives retirement dates for SBE schemas and FIX fields months ahead (16 of 20). No subprocessor or data-location statement read (0 of 20). 10 + 5 + 16 + 0 = 31.", "b": "The editorial half. Clients AGPL-3.0 with a terms-bound use condition, the chain under a custom licence, two terms documents (dYdX Trading Inc.'s v4 terms of 12 March 2026 and dYdX International Ltd's of 6 June 2025) that are clear about who runs nothing (22 of 30). The privacy policy of 6 June 2025 names dYdX International Ltd, keeps technical data until no longer necessary with no periods, and names no subprocessors; nothing covers the unnamed indexer operator (12 of 30). Protocol upgrades and the WebSocket compression change were posted as dated maintenance notices, deprecated rate-limit fields are marked, but no deprecation policy or notice period is stated (10 of 20). The policy says data may be processed in the EEA and elsewhere, with no subprocessor list (6 of 20). Total 50." }, "scores": { "a": 43, "b": 50 } }, { "by": 6, "category": "security", "leads": "dydx", "name": "Security \u0026 auth", "reasons": { "a": "API keys with HMAC, RSA or Ed25519 signatures, permissions for reading, trading, futures and withdrawals, an IP restriction, revocation in API Management, and OAuth with four scopes on the MCP server; no key expiry found (28 of 30). Read-only keys, sub-accounts, withdrawals only with an IP restriction, and the MCP server's isolated Agentic sub-account with no withdrawal scope and confirmation before writes (18 of 20). The API returns no untrusted content (10). Keys are listed in API Management and used weight is returned per call, but no per-call log for the operator was found (6 of 15). security.txt with a contact and no expiry, a Bugcrowd programme named in the proof-of-solvency repository, no certification read (10 of 20). 28 + 18 + 10 + 6 + 10 = 72.", "b": "Orders are signed by the account key or by a permissioned key the owner adds as an authenticator, limited by message type, subaccount and market with AllOf or AnyOf, and revoked by `remove_authenticator`; no shared secret and nothing in a URL (28 of 30). A key can be confined to placing and cancelling orders on one subaccount with withdrawals and transfers excluded, though not to a position or order size, and the interface's default API wallet trades all cross-margin pairs (16 of 20). The API returns no untrusted content (10). Every action is a chain transaction and the indexer lists fills, orders and transfers per subaccount, and authenticators can be listed; no per-key log (10 of 15). A Cantina bug bounty up to $1,000,000 sponsored by dYdX Trading Inc. over the protocol, indexer, web client and SDKs, an Informal Systems audit; no security.txt and no certification (14 of 20). Total 78." }, "scores": { "a": 72, "b": 78 } } ], "facts": [ { "a": "HTTP API", "b": "HTTP API", "name": "Kind" }, { "a": "Binance", "b": "dYdX Trading Inc.", "name": "Vendor" }, { "a": "https://agent.binance.com/mcp/agentic", "b": "no (local only)", "name": "Hosted endpoint" }, { "a": "Streamable HTTP", "b": "", "name": "Transports" }, { "a": "OAuth or key", "b": "OAuth or key", "name": "Auth" }, { "a": "Pay per use", "b": "Pay per use", "name": "Pricing" }, { "a": "no", "b": "no", "name": "x402" }, { "a": "Proprietary hosted service under Binance's Terms of Use, which load by script and weren't read. The API docs, connectors, CLI and Skills Hub are open on GitHub under MIT", "b": "The clients are AGPL-3.0 with a use condition tied to the v4 Terms of Use; the chain software (dydxprotocol/v4-chain) carries a custom licence GitHub cannot classify. The hosted indexer at indexer.dydx.trade and the front end are run by third parties, not dYdX Trading Inc.", "name": "Licence" }, { "a": "none", "b": "0", "name": "Tools exposed" }, { "a": "no", "b": "no", "name": "Read-only variant documented" }, { "a": "yes", "b": "yes", "name": "llms.txt" }, { "a": "2026-10-30", "b": "2026-10-29", "name": "Last release" }, { "a": "couldn't be read", "b": "2026-03-12", "name": "Terms last updated" }, { "a": "couldn't be read", "b": "2025-06-06", "name": "Privacy policy last updated" }, { "a": "couldn't be read", "b": "not found in the text", "name": "Customer content may train models" }, { "a": "couldn't be read", "b": "not found in the text", "name": "Terms restrict automated access" }, { "a": "couldn't be read", "b": "not found in the text", "name": "Terms restrict benchmarking" }, { "a": "couldn't be read", "b": "yes", "name": "Terms or service can change without notice" }, { "a": "couldn't be read", "b": "yes", "name": "Arbitration or class-action waiver" }, { "a": "4.9k stars", "b": "119 stars, 86k npm/wk", "name": "Popularity" } ], "faq": [ { "answer": "dYdX scores 69.5 (B) on agent readiness against Binance API's 63.2 (B), and leads in 5 of 7 scored categories. Binance API leads on schema \u0026 documentation and agent ergonomics.", "question": "Which is better for AI agents, Binance API or dYdX?" }, { "answer": "Both take an API key or an OAuth sign-in.", "question": "Do Binance API and dYdX need an API key?" }, { "answer": "Binance API has a hosted endpoint at https://agent.binance.com/mcp/agentic. No hosted endpoint is listed for dYdX.", "question": "Can an agent call Binance API and dYdX without installing anything?" }, { "answer": "No open-source release is listed for Binance API. dYdX is open source (The clients are AGPL-3.0 with a use condition tied to the v4 Terms of Use; the chain software (dydxprotocol/v4-chain) carries a custom licence GitHub cannot classify. The hosted indexer at indexer.dydx.trade and the front end are run by third parties, not dYdX Trading Inc.).", "question": "Are Binance API and dYdX open source?" } ], "goodFor": [ { "aheadOn": [ "Schema \u0026 documentation, 86 against 58", "Agent ergonomics, 76 against 66" ], "also": [ "A hosted endpoint, with nothing to install", "Free to start without a card" ], "goodFor": "An agent trading a funded Binance account outside the prohibited countries, with the deepest set of markets in this group and a free testnet.", "slug": "binance", "watchFor": "No status page or incident history found on binance.com or in the API docs" }, { "aheadOn": [ "Reliability, 83 against 45", "Security \u0026 auth, 78 against 72", "Payments \u0026 pricing, 60 against 35", "Transparency \u0026 trust, 50 against 43" ], "also": [ "Open source" ], "goodFor": "An agent trading perpetuals from its own Cosmos wallet or through a permissioned key on an owner's account, outside the US, Canada and UK.", "slug": "dydx", "watchFor": "No official MCP server; the one registry entry is a third party's analytics server" } ], "history": null, "job": { "capability": "exchange.derivatives", "name": "Exchange derivatives" }, "others": [ { "json": "https://www.anchorterminal.com/compare/bitfinex-vs-dydx.json", "title": "Bitfinex API vs dYdX", "url": "https://www.anchorterminal.com/compare/bitfinex-vs-dydx" }, { "json": "https://www.anchorterminal.com/compare/bitget-vs-dydx.json", "title": "Bitget vs dYdX", "url": "https://www.anchorterminal.com/compare/bitget-vs-dydx" }, { "json": "https://www.anchorterminal.com/compare/bithumb-vs-dydx.json", "title": "Bithumb Open API vs dYdX", "url": "https://www.anchorterminal.com/compare/bithumb-vs-dydx" }, { "json": "https://www.anchorterminal.com/compare/bitstamp-vs-dydx.json", "title": "Bitstamp API vs dYdX", "url": "https://www.anchorterminal.com/compare/bitstamp-vs-dydx" }, { "json": "https://www.anchorterminal.com/compare/bybit-vs-dydx.json", "title": "Bybit vs dYdX", "url": "https://www.anchorterminal.com/compare/bybit-vs-dydx" }, { "json": "https://www.anchorterminal.com/compare/crypto-com-exchange-vs-dydx.json", "title": "Crypto.com Exchange API vs dYdX", "url": "https://www.anchorterminal.com/compare/crypto-com-exchange-vs-dydx" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-uniswap.json", "title": "dYdX vs Uniswap Trading API", "url": "https://www.anchorterminal.com/compare/dydx-vs-uniswap" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-upbit.json", "title": "dYdX vs Upbit Open API", "url": "https://www.anchorterminal.com/compare/dydx-vs-upbit" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-bitfinex.json", "title": "Binance API vs Bitfinex API", "url": "https://www.anchorterminal.com/compare/binance-vs-bitfinex" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-bitget.json", "title": "Binance API vs Bitget", "url": "https://www.anchorterminal.com/compare/binance-vs-bitget" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-bithumb.json", "title": "Binance API vs Bithumb Open API", "url": "https://www.anchorterminal.com/compare/binance-vs-bithumb" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-bitstamp.json", "title": "Binance API vs Bitstamp API", "url": "https://www.anchorterminal.com/compare/binance-vs-bitstamp" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-bybit.json", "title": "Binance API vs Bybit", "url": "https://www.anchorterminal.com/compare/binance-vs-bybit" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-coinbase-advanced-trade.json", "title": "Binance API vs Coinbase Advanced Trade API", "url": "https://www.anchorterminal.com/compare/binance-vs-coinbase-advanced-trade" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-coinbase-mcp.json", "title": "Binance API vs Coinbase MCP server (Coinbase for Agents)", "url": "https://www.anchorterminal.com/compare/binance-vs-coinbase-mcp" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-crypto-com-exchange.json", "title": "Binance API vs Crypto.com Exchange API", "url": "https://www.anchorterminal.com/compare/binance-vs-crypto-com-exchange" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-deribit.json", "title": "Binance API vs Deribit", "url": "https://www.anchorterminal.com/compare/binance-vs-deribit" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-gate-io.json", "title": "Binance API vs Gate", "url": "https://www.anchorterminal.com/compare/binance-vs-gate-io" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-gemini-exchange.json", "title": "Binance API vs Gemini Exchange API", "url": "https://www.anchorterminal.com/compare/binance-vs-gemini-exchange" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-htx.json", "title": "Binance API vs HTX trading API", "url": "https://www.anchorterminal.com/compare/binance-vs-htx" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-hyperliquid.json", "title": "Binance API vs Hyperliquid", "url": "https://www.anchorterminal.com/compare/binance-vs-hyperliquid" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-kraken.json", "title": "Binance API vs Kraken API", "url": "https://www.anchorterminal.com/compare/binance-vs-kraken" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-kucoin.json", "title": "Binance API vs KuCoin", "url": "https://www.anchorterminal.com/compare/binance-vs-kucoin" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-mexc.json", "title": "Binance API vs MEXC API", "url": "https://www.anchorterminal.com/compare/binance-vs-mexc" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-okx.json", "title": "Binance API vs OKX API", "url": "https://www.anchorterminal.com/compare/binance-vs-okx" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-uniswap.json", "title": "Binance API vs Uniswap Trading API", "url": "https://www.anchorterminal.com/compare/binance-vs-uniswap" }, { "json": "https://www.anchorterminal.com/compare/binance-vs-upbit.json", "title": "Binance API vs Upbit Open API", "url": "https://www.anchorterminal.com/compare/binance-vs-upbit" }, { "json": "https://www.anchorterminal.com/compare/coinbase-advanced-trade-vs-dydx.json", "title": "Coinbase Advanced Trade API vs dYdX", "url": "https://www.anchorterminal.com/compare/coinbase-advanced-trade-vs-dydx" }, { "json": "https://www.anchorterminal.com/compare/deribit-vs-dydx.json", "title": "Deribit vs dYdX", "url": "https://www.anchorterminal.com/compare/deribit-vs-dydx" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-gate-io.json", "title": "dYdX vs Gate", "url": "https://www.anchorterminal.com/compare/dydx-vs-gate-io" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-gemini-exchange.json", "title": "dYdX vs Gemini Exchange API", "url": "https://www.anchorterminal.com/compare/dydx-vs-gemini-exchange" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-htx.json", "title": "dYdX vs HTX trading API", "url": "https://www.anchorterminal.com/compare/dydx-vs-htx" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-hyperliquid.json", "title": "dYdX vs Hyperliquid", "url": "https://www.anchorterminal.com/compare/dydx-vs-hyperliquid" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-kraken.json", "title": "dYdX vs Kraken API", "url": "https://www.anchorterminal.com/compare/dydx-vs-kraken" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-kucoin.json", "title": "dYdX vs KuCoin", "url": "https://www.anchorterminal.com/compare/dydx-vs-kucoin" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-mexc.json", "title": "dYdX vs MEXC API", "url": "https://www.anchorterminal.com/compare/dydx-vs-mexc" }, { "json": "https://www.anchorterminal.com/compare/dydx-vs-okx.json", "title": "dYdX vs OKX API", "url": "https://www.anchorterminal.com/compare/dydx-vs-okx" }, { "json": "https://www.anchorterminal.com/compare/coinbase-mcp-vs-dydx.json", "title": "Coinbase MCP server (Coinbase for Agents) vs dYdX", "url": "https://www.anchorterminal.com/compare/coinbase-mcp-vs-dydx" } ], "panel": null, "scores": [ { "binance": 45, "by": 38, "dydx": 83, "edge": "dydx", "key": "reliability", "name": "Reliability", "weight": 16 }, { "key": "performance", "name": "Performance", "pending": true, "weight": 10 }, { "binance": 86, "by": 28, "dydx": 58, "edge": "binance", "key": "schema", "name": "Schema \u0026 documentation", "weight": 13 }, { "binance": 76, "by": 10, "dydx": 66, "edge": "binance", "key": "ergonomics", "name": "Agent ergonomics", "weight": 13 }, { "binance": 72, "by": 6, "dydx": 78, "edge": "dydx", "key": "security", "name": "Security \u0026 auth", "weight": 14 }, { "binance": 35, "by": 25, "dydx": 60, "edge": "dydx", "key": "payments", "name": "Payments \u0026 pricing", "weight": 10 }, { "key": "tasks", "name": "Task success", "pending": true, "weight": 10 }, { "binance": 81, "by": 2, "dydx": 83, "edge": "dydx", "key": "maintenance", "name": "Maintenance \u0026 community", "weight": 7 }, { "binance": 43, "by": 7, "dydx": 50, "edge": "dydx", "key": "transparency", "name": "Transparency \u0026 trust", "weight": 7 } ], "summary": "dYdX scores 69.5 (B) on agent readiness against Binance API's 63.2 (B), and leads in 5 of 7 scored categories. Binance API leads on schema \u0026 documentation and agent ergonomics. Both do exchange derivatives.", "tasks": null, "tutorials": [], "verdicts": { "binance": "Binance publishes numeric rate limits, a free testnet with FIX, connectors in eight languages and, since late October 2026, a remote MCP server that trades only in a dedicated sub-account with no withdrawal scope. There is no status page, the terms and privacy notice could not be read, and the MCP tool list is not published.", "dydx": "dYdX gives an agent keyless indexer reads, permissioned keys limited by message type, subaccount and market, a Statuspage with a clean 90 days, published fees and a testnet with a faucet. There is no official MCP server or OpenAPI file, orders are chain transactions signed by the clients, and no one entity operates the hosted endpoints." } }, "kind": "anchor.page", "links": { "api": "https://www.anchorterminal.com/api/v1/index.json", "html": "https://www.anchorterminal.com/compare/binance-vs-dydx", "json": "https://www.anchorterminal.com/compare/binance-vs-dydx.json", "llms": "https://www.anchorterminal.com/llms.txt", "markdown": "https://www.anchorterminal.com/compare/binance-vs-dydx.md", "mcp": "https://www.anchorterminal.com/mcp", "slim": "https://www.anchorterminal.com/compare/binance-vs-dydx.min.md" }, "markdown": "dYdX scores 69.5 (B) on agent readiness against Binance API's 63.2 (B), and leads in 5 of 7 scored categories. Binance API leads on schema \u0026 documentation and agent ergonomics. Both do exchange derivatives.\n\n- Binance API: grade B, 63.2/100, rank #473 of 1349. Markdown https://www.anchorterminal.com/tools/binance.md · JSON https://www.anchorterminal.com/api/v1/tools/binance.json\n- dYdX: grade B, 69.5/100, rank #222 of 1349. Markdown https://www.anchorterminal.com/tools/dydx.md · JSON https://www.anchorterminal.com/api/v1/tools/dydx.json\n- Best crypto exchange APIs and MCP servers for AI agents: https://www.anchorterminal.com/best/crypto-exchanges/index.md\n- All 210 exchanges comparisons: https://www.anchorterminal.com/compare/crypto-exchanges/index.md\n\n## Which one, for what\n\n### Binance API (B)\n\nGood for: An agent trading a funded Binance account outside the prohibited countries, with the deepest set of markets in this group and a free testnet.\n\nAhead on:\n- Schema \u0026 documentation, 86 against 58\n- Agent ergonomics, 76 against 66\n\nAlso in its favour:\n- A hosted endpoint, with nothing to install\n- Free to start without a card\n\nWatch for: No status page or incident history found on binance.com or in the API docs\n\n### dYdX (B)\n\nGood for: An agent trading perpetuals from its own Cosmos wallet or through a permissioned key on an owner's account, outside the US, Canada and UK.\n\nAhead on:\n- Reliability, 83 against 45\n- Security \u0026 auth, 78 against 72\n- Payments \u0026 pricing, 60 against 35\n- Transparency \u0026 trust, 50 against 43\n\nAlso in its favour:\n- Open source\n\nWatch for: No official MCP server; the one registry entry is a third party's analytics server\n\n\n## Why the edge\n\n### Reliability: dYdX +38\n\n- Binance API (45): Read with the hosted lines on the spot REST API. No status page was found on binance.com or in the API docs (0), so no incident record (5). Rate limits are published as per-endpoint weights with numbers from exchangeInfo, 6,000 request weight a minute, 50 orders per 10 seconds, 160,000 a day and 61,000 raw requests per 5 minutes, and FIX limits per session (15). 429 and 418 carry Retry-After, a 5xx is documented as unknown status to be queried, and orders take a client order id (15). No SLA (0). Generally available (10). 0 + 5 + 15 + 15 + 0 + 10 = 45.\n- dYdX (83): Read with the hosted lines on the indexer API and the chain endpoints the clients submit to. status.dydx.trade is an Atlassian Statuspage with Frontends, dYdX Chain, Indexer, Order Gateway and Client Libraries components and an RSS history (20). From 1 August to 3 November 2026 the feed has eight items, seven scheduled maintenance windows of 29 minutes to 2 hours (indexer on 9 September, 8 and 15 October, protocol v9.7 on 11 September and v9.8.0 on 12 October, WebSocket compression on 26 and 28 October) and one degraded instant-deposit path through an onboarding partner from 24 to 29 September, outside the trading API. Clean or trivial (30). Rate limits documented with numbers for the indexer, the block limits and the public nodes (15). No 429 shape or Retry-After for the indexer; short-term orders expire by `goodTilBlock` and client IDs let an agent find an order after a timeout (8 of 15). No SLA (0). Mainnet generally available; the Order Entry Gateway is marked testnet-only (10). 20 + 30 + 15 + 8 + 0 + 10 = 83.\n\n### Schema \u0026 documentation: Binance API +28\n\n- Binance API (86): The docs are Markdown in a public repository with a Postman collection and a Swagger spec, but the spec was last pushed in October 2024 (20 of 25). llms.txt and llms-full.txt on developers.binance.com (10). Each endpoint states its weight, parameters and notes on behaviour, with less on when not to use one (15 of 20). Enums for order types, time in force and symbol filters, required columns in the parameter tables (12 of 15). Request and response examples throughout and an error code list with messages (14 of 15). A dated changelog since 2018 with retirements announced months ahead, such as the 2 September 2026 field removal notified on 2 December 2025 (15). 20 + 10 + 15 + 12 + 14 + 15 = 86.\n- dYdX (58): No OpenAPI file found for the indexer; the docs publish a types reference of about 200 pages (OrderSide, TimeInForce, OrderStatus and the rest) and the chain's protobuf messages are in the clients (8 of 25). llms.txt and Markdown docs (10). Endpoint pages describe each call and the guides say when to use short-term against long-term orders and the indexer against the node, but descriptions are short (12 of 20). Enums and types on every field in the reference, with pagination and cursor parameters typed (11 of 15). Examples in Python, TypeScript and Rust for each step; errors are described by HTTP status (400 malformed, 404 not found) with no code list (9 of 15). A /v4 path, protocol releases dated on the status page, deprecated rate-limit fields marked, but no API changelog (8 of 15). Total 58.\n\n### Payments \u0026 pricing: dYdX +25\n\n- Binance API (35): No machine payment protocol (0). A 0.1 per cent standard spot fee is stated in the fee FAQ; the maker and taker table and futures fees load by script and weren't read (15 of 20). Public market data needs no key and the testnet is free with a GitHub login (20). A person signs up, passes Verified Plus verification, deposits and mints a key (0). 0 + 15 + 20 + 0 = 35.\n- dYdX (60): No machine payment protocol (0). Fees public per tier without login (20). Testnet with a faucet and no card anywhere (20). No signup; an agent with a funded wallet trades, subject to the geographic terms (20). Total 60.\n\n### Agent ergonomics: Binance API +10\n\n- Binance API (76): limit on depth, trades and klines, a symbols filter on exchangeInfo and tickers, and SBE encoding, though fields cannot be selected (16 of 25). fromId, startTime, endTime and limit on history endpoints (16 of 20). Error codes with messages an agent can branch on, such as the rate limit and timestamp errors (17 of 20). newClientOrderId on orders, a cancel-replace endpoint and the 5xx unknown-status rule, but no idempotency key on other writes (12 of 20). Connectors in nine languages, a CLI with testnet and demo profiles, and a timestamped HMAC or Ed25519 signature on every private call (15). 16 + 16 + 17 + 12 + 15 = 76.\n- dYdX (66): An API, read for response sizing. `limit` on list endpoints, candles by resolution, sparklines by period; the order book comes whole (16 of 25). `limit`, `page` on fills, transfers and funding, and height or time cursors (16 of 20). Indexer errors are a status and a sentence; order rejections come back from the chain as transaction results the clients surface (8 of 20). Unique 32-bit client IDs, `goodTilBlock` expiry on short-term orders, cancel by order ID; no MCP annotations apply (14 of 20). Few required fields with market parameters fetched for unit conversion, and official clients in TypeScript, Python and Rust (12 of 15). Total 66.\n\n### Transparency \u0026 trust: dYdX +7\n\n- Binance API (43): The editorial half. A closed service whose Terms of Use couldn't be read; the docs, connectors, CLI and skills are MIT on GitHub (10 of 30). The privacy notice couldn't be read, so no retention or subprocessor statement was checked; the prohibited-countries list is public and dated (5 of 30). The changelog gives retirement dates for SBE schemas and FIX fields months ahead (16 of 20). No subprocessor or data-location statement read (0 of 20). 10 + 5 + 16 + 0 = 31.\n- dYdX (50): The editorial half. Clients AGPL-3.0 with a terms-bound use condition, the chain under a custom licence, two terms documents (dYdX Trading Inc.'s v4 terms of 12 March 2026 and dYdX International Ltd's of 6 June 2025) that are clear about who runs nothing (22 of 30). The privacy policy of 6 June 2025 names dYdX International Ltd, keeps technical data until no longer necessary with no periods, and names no subprocessors; nothing covers the unnamed indexer operator (12 of 30). Protocol upgrades and the WebSocket compression change were posted as dated maintenance notices, deprecated rate-limit fields are marked, but no deprecation policy or notice period is stated (10 of 20). The policy says data may be processed in the EEA and elsewhere, with no subprocessor list (6 of 20). Total 50.\n\n### Security \u0026 auth: dYdX +6\n\n- Binance API (72): API keys with HMAC, RSA or Ed25519 signatures, permissions for reading, trading, futures and withdrawals, an IP restriction, revocation in API Management, and OAuth with four scopes on the MCP server; no key expiry found (28 of 30). Read-only keys, sub-accounts, withdrawals only with an IP restriction, and the MCP server's isolated Agentic sub-account with no withdrawal scope and confirmation before writes (18 of 20). The API returns no untrusted content (10). Keys are listed in API Management and used weight is returned per call, but no per-call log for the operator was found (6 of 15). security.txt with a contact and no expiry, a Bugcrowd programme named in the proof-of-solvency repository, no certification read (10 of 20). 28 + 18 + 10 + 6 + 10 = 72.\n- dYdX (78): Orders are signed by the account key or by a permissioned key the owner adds as an authenticator, limited by message type, subaccount and market with AllOf or AnyOf, and revoked by `remove_authenticator`; no shared secret and nothing in a URL (28 of 30). A key can be confined to placing and cancelling orders on one subaccount with withdrawals and transfers excluded, though not to a position or order size, and the interface's default API wallet trades all cross-margin pairs (16 of 20). The API returns no untrusted content (10). Every action is a chain transaction and the indexer lists fills, orders and transfers per subaccount, and authenticators can be listed; no per-key log (10 of 15). A Cantina bug bounty up to $1,000,000 sponsored by dYdX Trading Inc. over the protocol, indexer, web client and SDKs, an Informal Systems audit; no security.txt and no certification (14 of 20). Total 78.\n\n## Score by category\n\n| Category | Weight | Binance API | dYdX | Edge |\n| --- | --- | --- | --- | --- |\n| Reliability | 16% (20 this run) | 45 | 83 | dYdX +38 |\n| Performance | 10%, pending | pending | pending | not scored in this run |\n| Schema \u0026 documentation | 13% (16.2 this run) | 86 | 58 | Binance API +28 |\n| Agent ergonomics | 13% (16.2 this run) | 76 | 66 | Binance API +10 |\n| Security \u0026 auth | 14% (17.5 this run) | 72 | 78 | dYdX +6 |\n| Payments \u0026 pricing | 10% (12.5 this run) | 35 | 60 | dYdX +25 |\n| Task success | 10%, pending | pending | pending | not scored in this run |\n| Maintenance \u0026 community | 7% (8.8 this run) | 81 | 83 | dYdX +2 |\n| Transparency \u0026 trust | 7% (8.8 this run) | 43 | 50 | dYdX +7 |\n| Negative events | ≤15 | 0 | 0 | |\n| **Total** | | **63.2 · B** | **69.5 · B** | |\n\n## Facts side by side\n\n| Fact | Binance API | dYdX |\n| --- | --- | --- |\n| Kind | HTTP API | HTTP API |\n| Vendor | Binance | dYdX Trading Inc. |\n| Hosted endpoint | `https://agent.binance.com/mcp/agentic` | no (local only) |\n| Transports | Streamable HTTP | |\n| Auth | OAuth or key | OAuth or key |\n| Pricing | Pay per use | Pay per use |\n| x402 | no | no |\n| Licence | Proprietary hosted service under Binance's Terms of Use, which load by script and weren't read. The API docs, connectors, CLI and Skills Hub are open on GitHub under MIT | The clients are AGPL-3.0 with a use condition tied to the v4 Terms of Use; the chain software (dydxprotocol/v4-chain) carries a custom licence GitHub cannot classify. The hosted indexer at indexer.dydx.trade and the front end are run by third parties, not dYdX Trading Inc. |\n| Tools exposed | none | 0 |\n| Read-only variant documented | no | no |\n| llms.txt | yes | yes |\n| Last release | 2026-10-30 | 2026-10-29 |\n| Terms last updated | couldn't be read | 2026-03-12 |\n| Privacy policy last updated | couldn't be read | 2025-06-06 |\n| Customer content may train models | couldn't be read | not found in the text |\n| Terms restrict automated access | couldn't be read | not found in the text |\n| Terms restrict benchmarking | couldn't be read | not found in the text |\n| Terms or service can change without notice | couldn't be read | yes |\n| Arbitration or class-action waiver | couldn't be read | yes |\n| Popularity | 4.9k stars | 119 stars, 86k npm/wk |\n\n## Verdicts\n\n**Binance API.** Binance publishes numeric rate limits, a free testnet with FIX, connectors in eight languages and, since late October 2026, a remote MCP server that trades only in a dedicated sub-account with no withdrawal scope. There is no status page, the terms and privacy notice could not be read, and the MCP tool list is not published.\n\n**dYdX.** dYdX gives an agent keyless indexer reads, permissioned keys limited by message type, subaccount and market, a Statuspage with a clean 90 days, published fees and a testnet with a faucet. There is no official MCP server or OpenAPI file, orders are chain transactions signed by the clients, and no one entity operates the hosted endpoints.\n\n## Before you call either\n\n### Binance API\n\n1. Read the X-MBX-USED-WEIGHT and X-MBX-ORDER-COUNT headers and stop on 429 for the Retry-After seconds; a 418 ban runs 2 minutes to 3 days\n2. Treat a 5xx on an order as unknown, not failed, and query the order by origClientOrderId before retrying\n3. Use an Ed25519 key with an IP restriction and only the reading and trading permissions; never enable withdrawals for an agent key\n4. Develop on testnet.binance.vision with BINANCE_API_ENV=testnet; it resets about monthly without notice\n5. For the MCP route, the person must fund the Agentic sub-account from the web UI first; the agent cannot move funds in from the main account\n\n### dYdX\n\n1. Ask the account owner for an authenticator limited to `/dydxprotocol.clob.MsgPlaceOrder` and `MsgCancelOrder` on one subaccount, and keep its private key out of prompts\n2. Set a unique 32-bit `clientId` on every order and look it up on `/v4/orders` after a timeout; short-term orders expire with `goodTilBlock` (at most 20 blocks ahead)\n3. Stay under 2 stateful orders a block and 20 per 100 blocks; failed placements count, so use short-term orders for active trading\n4. Enable permessage-deflate on the indexer WebSocket; since 26 October 2026 connections without compression may be refused with 426\n5. Check `/v4/geo` and the compliance screen before trading for a person, since the terms exclude the United States, Canada and the United Kingdom\n\n## Questions\n\n### Which is better for AI agents, Binance API or dYdX?\n\ndYdX scores 69.5 (B) on agent readiness against Binance API's 63.2 (B), and leads in 5 of 7 scored categories. Binance API leads on schema \u0026 documentation and agent ergonomics.\n\n### Do Binance API and dYdX need an API key?\n\nBoth take an API key or an OAuth sign-in.\n\n### Can an agent call Binance API and dYdX without installing anything?\n\nBinance API has a hosted endpoint at https://agent.binance.com/mcp/agentic. No hosted endpoint is listed for dYdX.\n\n### Are Binance API and dYdX open source?\n\nNo open-source release is listed for Binance API. dYdX is open source (The clients are AGPL-3.0 with a use condition tied to the v4 Terms of Use; the chain software (dydxprotocol/v4-chain) carries a custom licence GitHub cannot classify. The hosted indexer at indexer.dydx.trade and the front end are run by third parties, not dYdX Trading Inc.).\n\n\n## For agents\n\n- This comparison as JSON: https://www.anchorterminal.com/compare/binance-vs-dydx.json, and with the fewest tokens: https://www.anchorterminal.com/compare/binance-vs-dydx.min.md\n- Over MCP at https://www.anchorterminal.com/mcp (no key): `compare_tools {\"a\": \"binance\", \"b\": \"dydx\"}`. From a terminal: `anchor compare binance dydx`\n- Each listing in full: https://www.anchorterminal.com/api/v1/tools/binance.json and https://www.anchorterminal.com/api/v1/tools/dydx.json\n\n## Other comparisons with Binance API or dYdX\n\n- [Bitfinex API vs dYdX](https://www.anchorterminal.com/compare/bitfinex-vs-dydx.md)\n- [Bitget vs dYdX](https://www.anchorterminal.com/compare/bitget-vs-dydx.md)\n- [Bithumb Open API vs dYdX](https://www.anchorterminal.com/compare/bithumb-vs-dydx.md)\n- [Bitstamp API vs dYdX](https://www.anchorterminal.com/compare/bitstamp-vs-dydx.md)\n- [Bybit vs dYdX](https://www.anchorterminal.com/compare/bybit-vs-dydx.md)\n- [Crypto.com Exchange API vs dYdX](https://www.anchorterminal.com/compare/crypto-com-exchange-vs-dydx.md)\n- [dYdX vs Uniswap Trading API](https://www.anchorterminal.com/compare/dydx-vs-uniswap.md)\n- [dYdX vs Upbit Open API](https://www.anchorterminal.com/compare/dydx-vs-upbit.md)\n- [Binance API vs Bitfinex API](https://www.anchorterminal.com/compare/binance-vs-bitfinex.md)\n- [Binance API vs Bitget](https://www.anchorterminal.com/compare/binance-vs-bitget.md)\n- [Binance API vs Bithumb Open API](https://www.anchorterminal.com/compare/binance-vs-bithumb.md)\n- [Binance API vs Bitstamp API](https://www.anchorterminal.com/compare/binance-vs-bitstamp.md)\n- [Binance API vs Bybit](https://www.anchorterminal.com/compare/binance-vs-bybit.md)\n- [Binance API vs Coinbase Advanced Trade API](https://www.anchorterminal.com/compare/binance-vs-coinbase-advanced-trade.md)\n- [Binance API vs Coinbase MCP server (Coinbase for Agents)](https://www.anchorterminal.com/compare/binance-vs-coinbase-mcp.md)\n- [Binance API vs Crypto.com Exchange API](https://www.anchorterminal.com/compare/binance-vs-crypto-com-exchange.md)\n- [Binance API vs Deribit](https://www.anchorterminal.com/compare/binance-vs-deribit.md)\n- [Binance API vs Gate](https://www.anchorterminal.com/compare/binance-vs-gate-io.md)\n- [Binance API vs Gemini Exchange API](https://www.anchorterminal.com/compare/binance-vs-gemini-exchange.md)\n- [Binance API vs HTX trading API](https://www.anchorterminal.com/compare/binance-vs-htx.md)\n- [Binance API vs Hyperliquid](https://www.anchorterminal.com/compare/binance-vs-hyperliquid.md)\n- [Binance API vs Kraken API](https://www.anchorterminal.com/compare/binance-vs-kraken.md)\n- [Binance API vs KuCoin](https://www.anchorterminal.com/compare/binance-vs-kucoin.md)\n- [Binance API vs MEXC API](https://www.anchorterminal.com/compare/binance-vs-mexc.md)\n- [Binance API vs OKX API](https://www.anchorterminal.com/compare/binance-vs-okx.md)\n- [Binance API vs Uniswap Trading API](https://www.anchorterminal.com/compare/binance-vs-uniswap.md)\n- [Binance API vs Upbit Open API](https://www.anchorterminal.com/compare/binance-vs-upbit.md)\n- [Coinbase Advanced Trade API vs dYdX](https://www.anchorterminal.com/compare/coinbase-advanced-trade-vs-dydx.md)\n- [Deribit vs dYdX](https://www.anchorterminal.com/compare/deribit-vs-dydx.md)\n- [dYdX vs Gate](https://www.anchorterminal.com/compare/dydx-vs-gate-io.md)\n- [dYdX vs Gemini Exchange API](https://www.anchorterminal.com/compare/dydx-vs-gemini-exchange.md)\n- [dYdX vs HTX trading API](https://www.anchorterminal.com/compare/dydx-vs-htx.md)\n- [dYdX vs Hyperliquid](https://www.anchorterminal.com/compare/dydx-vs-hyperliquid.md)\n- [dYdX vs Kraken API](https://www.anchorterminal.com/compare/dydx-vs-kraken.md)\n- [dYdX vs KuCoin](https://www.anchorterminal.com/compare/dydx-vs-kucoin.md)\n- [dYdX vs MEXC API](https://www.anchorterminal.com/compare/dydx-vs-mexc.md)\n- [dYdX vs OKX API](https://www.anchorterminal.com/compare/dydx-vs-okx.md)\n- [Coinbase MCP server (Coinbase for Agents) vs dYdX](https://www.anchorterminal.com/compare/coinbase-mcp-vs-dydx.md)\n", "meta": { "attribution": "Anchor Terminal (https://www.anchorterminal.com)", "attributionRequired": true, "credit": "CC BY 4.0, credit Anchor Terminal and link the page or API address you took it from (https://www.anchorterminal.com/terms/#data)", "docs": "https://www.anchorterminal.com/docs/", "generatedAt": "2026-11-04", "license": "CC-BY-4.0", "method": "https://www.anchorterminal.com/benchmark/", "methodology": "0.7", "openapi": "https://www.anchorterminal.com/openapi.json", "preview": false, "run": "2026-10-01", "runLabel": "October 2026 research run", "terms": "https://www.anchorterminal.com/terms/#data" }, "page": { "breadcrumbs": [ { "name": "Home", "url": "https://www.anchorterminal.com/" }, { "name": "Compare", "url": "https://www.anchorterminal.com/compare/" }, { "name": "Binance API vs dYdX", "url": "" } ], "description": "dYdX scores 69.5 (B) to Binance's 63.2 (B) for exchange derivatives. Prices, MCP, x402, uptime and agent notes side by side.", "facts": [ "Binance API B 63.2", "dYdX B 69.5", "scores" ], "h1": "Binance API vs dYdX", "image": "https://www.anchorterminal.com/assets/og/default.png", "path": "/compare/binance-vs-dydx", "published": "2026-10-01", "section": "tools", "title": "Binance vs dYdX for AI agents in 2026: scores and prices", "toc": null, "updated": "2026-11-04", "url": "https://www.anchorterminal.com/compare/binance-vs-dydx" }, "tokens": { "markdown": 5050, "slim": 2880 }, "version": 1 }