Head to head

dYdX vs Raydium: which is halal?

Side-by-side Shariah screening of dYdX (DYDX) and Raydium (RAY) under the same 27-point methodology. dYdX is rated MASHBOOH while Raydium is rated HALAL.

dYdX DYDX
Mashbooh · Doubtful · Risky
61.4

Is dYdX (DYDX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is dYdX halal? dYdX is classified as doubtful (mashbooh) with a Shariah compliance score of 61.4/100 based…

Full dYdX report →
Raydium RAY
Halal · Recommended with Purification
75.5

Is Raydium (RAY) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Raydium halal? Yes, Raydium is considered halal for Muslim traders and investors with a Shariah…

Full Raydium report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
DYDXRAY
Legitimacy
56.8
69.5
Project
50.3
74.8
Financial
48.5
73
Tokenomics
62
71.4
Staking
70.4
78.2

DYDX RAY — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
56.283.6
Riba
60.168.1
Gharar
7073.3
Maysir

DYDX RAY

Quick answer
dYdX

dYdX is classified as doubtful (mashbooh) with a Shariah compliance score of 61.4/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

You must follow the stance of your own trusted scholar or shaykh in matters where legitimate scholarly differences exist.

Shaykh Dr. Sajid Umar, Personal blog/guidance piece
Raydium

Yes, Raydium is considered halal for Muslim traders and investors with a Shariah compliance score of 75.5/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.

Islamic Economic Forum