Project basic information
DYDX is a decentralized cryptocurrency exchange created on the Starkwale layer 2 networks of the Ethereum blockchain, which differs from the classic Uniswap and Sushiswap DEX platforms by a specific architecture of orders. The dYdX user has opened spot, futures, and margin trading in several dozen trading pairs.
DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol.
DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users.