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      Rank #91
      Fiat Support
      United States of America
      Margin trading
      24h Trading Volume
      3,177.12 BTC 62.11%
      Proof of reserves
      Alexa Rank
      Twitter Followers

      dYdX Trade Volume Charts (24h)

      What is dYdX?

      dYdX runs on smart contracts on the Ethereum blockchain, it's a decentralized exchange that supports perpetual, margin trading, and spot trading, as well as lending, and borrowing.

      What are the Main Features of dYdX?

      Perpetuals on Layer 2

      • Perpetuals trading with up to 25x leverage 
      • Pairs offered: BTC-USD, ETH-USD, LINK-USD, and more

      Spot / Margin Trading on Layer 1

      • Currently one of the highest volume and most liquid DEXs
      • Spot trading + Margin trading with up to 5x initial leverage (Pairs offered: ETH-DAI, ETH-USDC, and DAI-USDC)

      Borrowing on Layer 1

      • Currently support ETH, DAI, and USDC
      • Minimum starting account collateralization of 125%, which must be maintained above 115% to prevent liquidation
      • Borrow directly to your wallet

      Lending on Layer 1

      • Deposit funds into your Margin or Spot Account to start lending funds to the protocol
      • Currently support ETH, DAI, and USDC
      • No waiting period for matching
      • No minimum loan period
      • Interest starts accruing immediately and is paid out every block
      • Rates are dynamic and based on utilization

      How Can I Contact dYdX Customer Support?

      dYdX Help Center:

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