What is dYdX?
dYdX is a decentralized derivatives exchange designed for trading perpetual futures with leverage. Built with professional-grade tools and an on-chain orderbook, dYdX ensures traders get fast, reliable, and permissionless access to global markets without giving up custody of their assets.
Key Features
- Perpetual Contracts: Trade top crypto assets like BTC and ETH with leverage up to 20×.
- Non-Custodial: Funds stay in your wallet, giving you complete control over your assets.
- Layer 2 Scaling: Built on StarkWare's L2 for low gas fees and fast transactions.
- Advanced Orders: Includes stop-loss, take-profit, trailing stop, and more.
dYdX Ecosystem & Token Utility
The native $DYDX token powers governance, staking, and trading rewards. Users can vote on proposals, earn yield through staking, and unlock fee discounts with token holdings. The platform also runs trading incentive programs to reward active users.
Professional Experience
dYdX combines the speed and tools of centralized exchanges with the self-custody and transparency of DeFi. Its interface supports real-time TradingView charts, portfolio tracking, and developer APIs for trading bots.
Getting Started
Connect your wallet (MetaMask, Coinbase Wallet, or Ledger), deposit USDC, and begin trading. No sign-ups or KYC required. Note: Some geographical regions may be restricted from trading perpetuals.
Why Choose dYdX?
dYdX stands out for its performance, security, and focus on decentralized perpetual futures. Ideal for advanced traders and developers, it offers deep liquidity, fair pricing, and high capital efficiency on-chain.