# DyDX

635.26K
#dYdXprotocol is the largest (perpetual futures) derivative DEX in the crypto ecosystem that allows users to trade without KYC, non-custodial, with leverage.
Currently, dYdX is fully operational on the dYdX Chain (Cosmos SDK), no longer on Ethereum L2.
$DYDX (-Biarish) #DYDX ‌📰 Potential Catalyst
Increased volume on the dYdX Chain
New ecosystem updates / incentives
Bullish market (altseason)
User migration from CEX to DEX
DYDX8,28%
View Original
post-image
  • Reward
  • Comment
  • Repost
  • Share
$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
DYDX8,28%
View Original
post-image
  • Reward
  • Comment
  • Repost
  • Share
#DYDX You are working on on-chain contracts, so why are you so terrible?
DYDX8,28%
View Original
  • Reward
  • 1
  • Repost
  • Share
MacaoCongvip:
Closing the door for good
Any idea why we see #DyDX lower lows?
WHY3,06%
DYDX8,28%
  • Reward
  • Comment
  • Repost
  • Share
Load More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)