Building Open-Source Protocols for Decentralized Margin Trading and Derivatives. dYdX allows the creation of entirely new asset classes which derive their value from underlying blockchain-based assets.
Short assets to profit on price decreases. Trade with leverage to multiply gains. Earn interest on long positions through trustless loans. Take complex financial positions to increase leverage or reduce risk. Governed by code, there's no need to trust your funds to an exchange or anyone else. Trade peer-to-peer worldwide. Taking a position is as easy as buying a token. Off-chain order books enable efficient markets.
Token will be used for payments, transactions and for utility purposes.
Public Sale Starts At
Hardcap is unknown
Token type: ERC-20
Status: Whitepaper is ready.