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Commerce · May 1, 2019

dYdX

The most powerful open trading platform for crypto assets

dYdX launched on May 1, 2019 with 6 votes, #1,154 of 3,072 launches that month and more than 50% of that year's launches. The site was still online in September 2026, 7 years on.

What it does

On dYdX users can: - Margin trade with leverage up to 4x - Earn interest on crypto - Borrow crypto peer-to-peer dYdX is completely decentralized and runs on smart contracts on the Ethereum blockchain. dYdX is available to everyone, everywhere

dYdX offers a decentralized trading platform designed for perpetual contracts, combining deep liquidity, advanced trading tools, and low fees. The mobile and web experience provides flexible trading options, including up to 50x buying power, with a focus on transparency and self-custody.

dYdX is reimagining what DeFi and perpetual trading can be. Combining the freedom of decentralization with deep liquidity, advanced order types, a high-performance API, and instant market listings, dYdX empowers you to trade boldly andfrom dydx.xyz

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