dYdX is a decentralized exchange (DEX) focused on derivatives trading, particularly perpetual contracts. Unlike traditional exchanges that require user custody and centralized control, dYdX allows traders to maintain full control of their assets while gaining access to sophisticated trading tools and perpetual markets. Built on the Ethereum blockchain (and now leveraging its own dYdX Chain), it provides a seamless and trustless environment for advanced traders.
For seasoned traders looking for a decentralized, secure, and high-performance platform, dYdX offers the perfect mix. It removes intermediaries, ensures better privacy, and leverages cutting-edge Layer 2 scaling solutions. With growing institutional adoption and self-custody, dYdX presents an ideal platform for crypto-native and professional traders alike.
No, dYdX is a decentralized exchange. It allows users to trade directly from their wallets without depositing funds into a centralized account.
dYdX primarily supports perpetual contracts for assets like BTC, ETH, SOL, AVAX, and other top crypto tokens.
Yes, but it has restrictions in a few regions, including the U.S., due to regulatory limitations.
The DYDX token is used for governance, staking, and rewards within the dYdX ecosystem.
Yes. dYdX allows up to 20x leverage for select markets, enabling high-risk, high-reward trading strategies.
dYdX offers high security by allowing non-custodial wallet connections and Layer 2 solutions for safe and fast trades.