dYdX foundation

dYdX is a decentralized exchange specializing in perpetual trading that provides users with a non-custodial and highly efficient trading experience. It was built on the Ethereum blockchain and later expanded to its own blockchain dYdX Chain on Cosmos. dYdX gives traders access to advanced financial instruments without intermediaries.

 

Founder	Antonio Juliano
Founded	July 2017
Headquarters	San Francisco, California, United States

 

Key Features:

• Users maintain complete control over their funds, reducing counterparty risks.
• DYDX native token is used for governance, trading fee discounts, and staking.
• Utilizes blockchain technology to keep everything open and secure.
• Allows users to stake DYDX tokens and earn rewards.
• Offers advanced trading tools like limit orders, stop-loss orders, and take-profit orders.