dYdX Chain
Open Interest
1.1K BTC
24h Volume
1.5K BTC
Perpetual Pairs
239
Futures Pairs
-
Type
Decentralized
Established
2023
About dYdX Chain
dYdX Chain is a fully decentralized, permissionless Layer 1 blockchain built on Cosmos SDK, purpose-built for perpetual futures trading, accessible at dydx.xyz (dydx.exchange now redirects to dydx.xyz). Governed by the DYDX token, the dYdX Chain supports 239 perpetual pairs with a fully on-chain order book and off-chain matching engine for high performance. The DYDX community has launched a buyback program to strengthen long-term token alignment. dYdX is one of the most established and trusted decentralized derivatives protocols in crypto.
Community & Socials
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