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dYdX is a decentralized trading platform and protocol that allows users to trade a variety of digital assets with ease. Built on the Ethereum blockchain, dYdX enables users to access advanced trading features such as margin trading, spot trading, and perpetual contracts, all without the need for intermediaries or centralized control.
This will be shown if an incident or maintenance is posted on your status page. Experience the future of decentralized finance with dYdX Chain, the premier platform for secure, transparent, and efficient perpetual trading in the DeFi Space.
If the oracle price of ETH drops below the liquidation price, your position will be liquidated. Upon liquidation, your position will be automatically closed and a liquidation fee of at least 1% will be assessed (may be higher depending on liquidity at the time of liquidation).
Find answers to frequently asked questions. What is Layer 2? Overview. To significantly scale trading, dYdX and StarkWare have built a Layer 2 protocol for cross-margined perpetuals, based on StarkWare’s StarkEx scalability engine and dYdX’s Perpetual smart contracts. Traders can expect significantly lower gas costs, and in turn, much lower ...
Dec 9, 2022 · The dYdX chain is set to feature a decentralized, off-chain order book capable of scaling alongside the platform’s continued growth. While dYdX offers a DEX similar to Uniswap or SushiSwap, dYdX ...
The price of dYdX (ETHDYDX) is $1.25 today with a 24-hour trading volume of $34,160,089. This represents a -7.17% price decline in the last 24 hours and a -9.23% price decline in the past 7 days. With a circulating supply of 230 Million ETHDYDX, dYdX is valued at a market cap of $287,597,555 . Track the latest dYdX price, market cap, trading ...
About dYdX. dYdX chain is an open-source application specific blockchain software that can power a decentralized perpetuals exchange. This standalone blockchain software is open-sourced by dYdX Trading Inc. (“dYdX”) and is based on the Cosmos SDK and CometBFT proof-of-stake consensus protocol. dYdX Chain is fully decentralized end-to-end ...
