Head to head · Exchange market data · October 2026 research run

dYdX vs Upbit Open API

dYdX scores 69.5 (B) on agent readiness against Upbit Open API's 54.7 (C), and leads in 3 of 7 scored categories. Upbit Open API leads on schema & documentation. Both do exchange market data.

Best crypto exchange APIs and MCP servers for AI agents · All 210 exchanges comparisons

Which one, for what

dYdX B

Best 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.

Ahead on

  • Reliability, 83 against 42
  • Security & auth, 78 against 59
  • Payments & pricing, 60 against 15

Also in its favour

  • Open source

Watch for

No official MCP server; the one registry entry is a third party's analytics server

Upbit Open API C

Best for KRW-market trading for agents acting for a verified Korean account, with first-party SDKs, a CLI and skills but no MCP.

Ahead on

  • Schema & documentation, 66 against 58

Watch for

No MCP server; the agent route is the CLI through skills, which need a terminal

Why the edge

Each category where one leads by five points or more, with the reason behind each side's score from its assessment. The numbers are in the table below; this is what they stand for.

Payments & pricing dYdX +45

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.

Upbit Open API 15

No machine payment protocol (0). The fee schedule is on upbit.com, which disallows every crawler path, so no price is recorded (0 of 20, unchecked). Public quotation endpoints need no key, card or account; trading needs a verified Korean account. Judgement call (15 of 20). A person must sign up, pass identity checks and issue keys on the PC web site (0). 0 + 0 + 15 + 0 = 15.

Reliability dYdX +41

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.

Upbit Open API 42

Read with the hosted lines. No status page found on docs.upbit.com or in llms.txt; a wallet-status endpoint and an announcements stream stand in (0). No readable incident history (5). Rate limits documented with numbers per group, per IP and per pocket, updated 7 October 2026 (15). 429 then 418 with a stated block length and a Remaining-Req header, an order-test endpoint and a self-match-prevention default; an order identifier for safe retries was not checked (12 of 15). No SLA found (0). Generally available (10). 0 + 5 + 15 + 12 + 0 + 10 = 42.

Security & auth dYdX +19

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.

Upbit Open API 59

Keys limited to chosen functions, a mandatory public IPv4 allow-list, a JWT per request with a fresh nonce, keys listed with expiry through the API, and a withdrawal safe-lock on by default (27 of 30). Read-only keys, the default withdrawal lock lifted only in the app, and skills that require a typed CONFIRM before writes (17 of 20). The API returns exchange data and announcements, no third-party content (10 of 15). An API key list endpoint; no per-call log for the operator (5 of 15). No disclosure policy, bug bounty or certification found; security.txt on upbit.com could not be fetched under its robots.txt (0 of 20). 27 + 17 + 10 + 5 + 0 = 59.

Schema & documentation Upbit Open API +8

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.

Upbit Open API 66

No OpenAPI found; the reference is a readme.io site with a Markdown twin of every page (5 of 25). llms.txt on docs.upbit.com and a kr/llms.txt index (10). Each reference page states what the endpoint does, its group and its errors, with warnings such as market_offline after maintenance (14 of 20). Typed parameters with enums for order type, side and time in force and required flags (11 of 15). Recipes in Python, Java and Node.js and an error format of error.name and error.message with HTTP statuses (13 of 15). Feature versions in page histories (v1.6.1) and dated notices with effective dates, no single API version (13 of 15). 5 + 10 + 14 + 11 + 13 + 13 = 66.

Score by category

CategoryWeight this rundYdXUpbit Open APIEdge
Reliability16%208342dYdX +41
Performance10%pendingpendingpendingnot scored in this run
Schema & documentation13%16.25866Upbit Open API +8
Agent ergonomics13%16.26670Upbit Open API +4
Security & auth14%17.57859dYdX +19
Payments & pricing10%12.56015dYdX +45
Task success10%pendingpendingpendingnot scored in this run
Maintenance & community7%8.88383even
Transparency & trust7%8.85054Upbit Open API +4
Negative events≤1500
TotalB 69.5/100C 54.7/100

Facts side by side

FactdYdXUpbit Open API
KindHTTP APIHTTP API
VendordYdX Trading Inc.Dunamu Inc.
Hosted endpointno (local only)no (local only)
Transports
AuthOAuth or keyAPI key
PricingPay per usePay per use
x402nono
LicenceThe 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.none
Tools exposed00
Read-only variant documentednono
llms.txtyesyes
Last release2026-10-292026-10-20
Terms last updated2026-03-12no document linked
Privacy policy last updated2025-06-06no date given
Customer content may train modelsnot found in the textnot read yet
Terms restrict automated accessnot found in the textnot read yet
Terms restrict benchmarkingnot found in the textnot read yet
Terms or service can change without noticeyesnot read yet
Arbitration or class-action waiveryesnot read yet
Popularity119 stars, 86k npm/wk91 stars

Verdicts

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.

Upbit Open API

Upbit's Open API has a mandatory IP allow-list, scoped keys with a default withdrawal lock, per-group rate limits with 429 and 418 signalling, an order-test endpoint, official SDKs, a CLI and agent skills with a CONFIRM gate. There is no MCP server, sandbox or status page, and the fees and terms sit on a host our crawler may not read.

Before you call either

dYdX

  1. 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
  2. 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)
  3. Stay under 2 stateful orders a block and 20 per 100 blocks; failed placements count, so use short-term orders for active trading
  4. Enable permessage-deflate on the indexer WebSocket; since 26 October 2026 connections without compression may be refused with 426
  5. Check /v4/geo and the compliance screen before trading for a person, since the terms exclude the United States, Canada and the United Kingdom

Upbit Open API

  1. Ask the person for a key with only the functions the task needs and your server's public IPv4 address registered; a private or unregistered IP is refused
  2. Sign every request with a fresh JWT (HS512, new nonce, SHA512 query hash) and branch on error.name, not error.message
  3. Run POST /v1/orders/test before a live order; it costs nothing and shares the 8-a-second order-test group
  4. Read Remaining-Req and keep orders under 12 a second per pocket; on 429 wait for the next second and on 418 wait out the stated block
  5. Leave the withdrawal safe-lock on unless the person lifts it in the app, and send paths with single slashes and no trailing slash before 16 November 2026

Questions

Which is better for AI agents, dYdX or Upbit Open API?

dYdX scores 69.5 (B) on agent readiness against Upbit Open API's 54.7 (C), and leads in 3 of 7 scored categories. Upbit Open API leads on schema & documentation.

Do dYdX and Upbit Open API need an API key?

dYdX takes an API key or an OAuth sign-in. Upbit Open API needs an API key.

Can an agent call dYdX and Upbit Open API without installing anything?

No hosted endpoint is listed for dYdX. No hosted endpoint is listed for Upbit Open API.

Are dYdX and Upbit Open API open source?

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.). No open-source release is listed for Upbit Open API.

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