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dYdX foundation

dYdX is a non-custodial trading, advanced tools, and rewards with DYDX tokens.

Decentralised Exchange

United Statesdydx.exchangeFounded 2017

About

dYdX is a decentralized exchange focused on perpetual trading that offers users a non-custodial and very efficient trading experience. It was created on the Ethereum blockchain and then moved to its own blockchain, the dYdX Chain on Cosmos. dYdX gives traders access to advanced financial instruments without intermediaries. Key Features: • Users maintain complete control over their funds, reducing counterparty risks. • Utilizes blockchain technology to keep everything open and secure. • Enables users to earn rewards by staking DYDX tokens. • Advanced trading tools include limit orders, stop-loss orders, and take-profit orders. • Order book-based trading model with advanced execution capabilities.

Team (4)

Funding

  • Series CParadigm6,50,00,00006 Dec 2021
  • Series CWintermute6,50,00,00001 Jun 2021
  • Series BDeFiance Capital1,00,00,00026 Jan 2021
  • Series Aa16z crypto1,00,00,00019 Oct 2018
  • Series AFred Ehrsam019 Oct 2018
  • Seed Roundpolychain capital20,00,00019 Dec 2017
  • Seed RoundBrian Armstrong019 Dec 2017
  • Seed RoundFred Ehrsam019 Dec 2017

FAQs

  • dYdX is a decentralized exchange and protocol that allows for eternal futures trading via a self-custodial and community-governed system.