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DYdX

dYdX offers decentralized perpetual trading with deep liquidity, high leverage, and non-custodial security on its dedicated blockchain.
Cayman Islands

DYdX


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Description

dYdX is a decentralized perpetual trading platform built on its own blockchain. It offers self-custody, deep liquidity, low fees, and up to 100x leverage on various markets. Users can log in with their crypto wallet, earn $DYDX rewards for trading, and participate in platform governance.


DYdX Chain


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Description

dYdX Chain operates as an independent Layer 1 blockchain built with Cosmos SDK and Tendermint Proof-of-Stake consensus. The blockchain facilitates perpetual contract and spot trading through a fully decentralized order book and matching engine, processing transactions with validators securing the network through DYDX token staking.

Category: L1

DYdX V3


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Description

dYdX v3 operates as an Ethereum Layer 2 trading protocol using StarkWare scaling technology. The system enables perpetual contract trading through smart contracts deployed on Ethereum mainnet with off-chain order matching and on-chain settlement for trade execution and position management.

Category: Decentralised Exchange
TVL: $90M

Chains:
dYdXEthereum