$DYDX

🧠 Fundamental

Advantages of 🎯

✅ One of the largest derivative DEXs.

✅ No KYC ( favored by global traders ).

✅ High daily volume.

✅ Token used for:

Governance
Staking
Ecosystem rewards

✅ Has migrated to dYdX Chain ( Cosmos SDK ) → more scalable.

Disadvantages
#DYDX
❌ Intense competition ( GMX, Hyperliquid, etc. )

❌ Price movements are often slow without catalysts.

❌ Highly dependent on derivative market conditions