dYdX is an open-source platform with smart contract functionality designed for users to lend, borrow and trade crypto assets. The main focus of dYdX is on derivatives and margin trading. However, it also supports spot trading. dYdX is built on Starkw...Moreire's StarkEx scalability engine that provides increased transaction speed, removed gas fees, reduced trading fees, and decreased minimum trade sizes on the protocol. dYdX token holders can participate in the platform's governance, gain profit by staking their tokens, and enjoy trading fee discounts.
A quick snapshot of dYdX ROI (return on investment) over different time periods.
A successful project is based on a foundation of a well experienced team. Take a closer look into dYdX's team.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
We have not found any community for this project on social media platforms. Projects with no community will have a difficult time to become successful. If you think this is wrong please report to email@example.com.
Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
A project backed by well-known investors is a strong signal for success. Take a closer look into dYdX's investors.
Project announcements and news have a significant impact on the price. Below are live updates from dYdX's Twitter and Reddit accounts.
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