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Buying dYdX (DYDX) is easy!

Buying DYDX, a top decentralised exchange, offers quick, affordable trading with leverage up to 20x.

Why buy dYdX?

You should buy dYdX crypto because it is one of the most popular decentralised exchanges in the industry. Thanks to the Layer 2 on which it was built, this platform allows its users to trade derivatives cheaply and quickly. The dYdX crypto protocol is in the top 30 of the most used dapps on the entire Web3, and has a total locked-in value (TVL) of around $350 million

DYDX is the platform’s native token. The token holder, in addition to the right to participate in protocol decisions, obtains several advantages, such as a discount on trading commissions and increased staking rewards.

The dYdX cryptocurrency was launched on August 3, 2021, for traders who had engaged with the platform in the preceding months. This airdrop was significant, with some users receiving up to $130,000 in tokens.

In 2024, dYdX transitioned to its Cosmos-based autonomous blockchain, the dYdX Chain. This move marked the transition to a fully decentralised protocol, with an off-chain order book and matching engine managed by the network’s validators. In addition, the integration of the Slinky oracle enabled real-time price updates for each block, significantly improving the trading experience.In 2025, the platform introduced support for isolated markets and margins, an integration that enables more precise risk management for traders. These features have expanded the number of available markets, offering users more flexibility and control.

What is dYdX?

The dYdX crypto platform is a decentralised exchange built on Layer 2 of Ethereum. For this reason, it can be used quickly and cheaply. Perpetual futures can be traded on dYdX, with features including up to 20x leverage and cross or isolated margins. Furthermore, through lending and borrowing mechanisms, decentralised loans of cryptocurrencies can be requested or offered.

dYdX extrapolates price data off the blockchain and then records transactions on Ethereum’s network through its Layer 2. This could change soon. If the development team sticks to the roadmap, this will become a fully decentralised protocol thanks to the blockchain it is building on the Cosmos ecosystem.

The development team consistently works to provide users the ability to execute advanced trades quickly and cost-effectively. Suppose you are a trader or are interested in entering this exciting field. In that case, you may consider purchasing dYdX tokens to add to your portfolio, as owning them ensures a commission discount!With the adoption of the dYdX Chain, the protocol has achieved complete decentralisation, becoming entirely independent of centralised components. This new architecture enhances scalability, offering high throughput and more efficient transaction management. The DYDX token is also a staking and governance token on the latest blockchain. This allows holders to participate in protocol decisions and earn USDC rewards for securing the network.

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