Latest News From The Team

Strategic acquisition of Marketing, BD, and Solutions teams strengthens alignment between product and growth at dYdX.

2.26M DYDX (~$1.43M) was rewarded to 2,800+ traders. Top traders took home over $50K. Season 2 is now live with improved mechanics and more ways to participate.

Powered by Kaito, this real-time leaderboard tracks meaningful engagement, with $50,000 in monthly rewards for the top 100 contributors.

A $1,500 prize pool is up for grabs from Apr 30–May 13 for the top 10 SOL-USD traders by realized PnL..

Discover the Top 10 traders in the dYdX SUI-USD trading competition and see who earned a share of the $5,000 prize pool. Congrats to the winners—and stay tuned for more competitions coming soon!

dYdX and Chaos Labs have launched the nine-month dYdX Surge Program, a trading competition with up to $20M in DYDX rewards on the line.

The dYdX Community launches its first $DYDX Buyback Program, allocating 25% of net protocol fees to monthly buybacks, strengthening tokenomics and network security.

dYdX is enhancing stability, speed, and accessibility with faster deposits, a new mobile UI, and key upgrades—building the future of decentralized trading.

The new dYdX mobile app delivers a powerful trading experience, perfectly positioned to onboard the next million perp traders to DeFi.

We want to provide a peek into what the dYdX team is building. This post presents a high-level overview of the architecture of V4.

Prediction Markets with leverage are now available on dYdX Chain!

Antonio Juliano will return to dYdX Trading as CEO. Learn more about the decision.

We're sunsetting our v3 product to focus on building dYdX Chain software. Learn more.

dYdX Unlimited is coming this Fall! With a whole new range of features that make trading on dYdX Chain Software world class.

The Market Map from Skip Protocol is expected to come to dYdX Chain later this month. Learn about the next upgrade here.

Introducing MegaVault: A liquidity solution for dYdX Chain that enables users to deposit USDC and receive yield. Coming soon!

Head of Policy, Rashan, talks about the upcoming US election and the candidates view on crypto.

Today dYdX Trading is excited to announce and open source v5.0 of the dYdX Chain software. Check out the blogs for details of the release.

Newly appointed CEO of dYdX Trading, Ivo Crnkovic-Rubsamen, talks about the vision for dYdX.

dYdX Operations SubDAO has released dYdX Chain on Android. The app will initially release in Beta as user feedback is collected.

Take a deep dive into the details of our upcoming release of Isolated Markets and Isolated Margin.

dYdX Trading is excited to share that v4.0 of our v4 open source software (”dYdX Chain”) has been released! The release includes various feature, risk, governance, and performance upgrades to the protocol.

LP Vaults will be available for any cross or isolated market available on protocols using dYdX software, but is especially useful for newer markets that likely have limited liquidity.

Your first reaction may be “Regulation?!?! Impossible, DeFi is just code!!”. To some extent, this is absolutely true. But common sense standards around things like self custody, disclosures, and security will make DeFi safer and more accessible to all.

Chaos Labs’ governance proposal for season 1 has passed governance vote and will result in the distribution of $5M in rewards to traders!

We are excited to share an updated product roadmap for 2024 that will continue to drive innovation in DeFi! This year we will focus on building software to support Permissionless Markets, improve Core Trading, and upgrade UX/onboarding.

dYdX Chain is now available for iOS in certain regions!

You can easily propose new market listings on dYdX Chain! We maintain an open sourced list of markets and parameters likely to be compatible with optimal technical performance of the dYdX v4 software (the “dYdX Chain”).

We’re excited to share that Kado has enabled support for direct fiat onboarding to dYdX Chain. Traders can now buy USDC using Kado when onboarding in less than 5 minutes via debit/credit card or bank transfer.

As another year comes to a close, let’s reflect on where we have come from and look forward to 2024.

Summarizing key updates on dYdX Chain from the last two weeks

Introducing dYdX open-source design system! Try it out.

Dive into our new architecture created to mitigate MEV.

Circle’s Cross-Chain Transfer Protocol (CCTP) on Noble enables users to send their USDC from other chains directly to dYdX Chain in an easy, simple and secure manner

We’re happy to share that today marks the official v1.0 production open source release of the dYdX Chain code!

Always do your own due diligence before connecting your wallet to a dYdX Chain interface

dYdX Trading has officially updated its charter to become a Public Benefit Corporation. In addition to all of our work on v4, this further establishes our commitment to aligning with the builders, traders, and stakeholders in the web3 community.

The upcoming dYdX Chain has been fully audited by Informal Systems. Take a look at the audit details in this blog.

The dYdX Research team has worked with Skip Protocol to update Skip's MEV dashboard to better account for latency and regular network noise.

Take a look back in time and into the feature at the evolution of the dYdX trading interface.

We've partnered with Axelar and Squid to make user onboarding as easy as possible on v4. Users can deposit or withdraw to and from a dYdX Chain address in one single click. Learn more in this blog post!

The dYdX Chain bug bounty program is now live! Help us make the dYdX Chain even more secure and participate in our bug bounty program.

As part of our commitment to decentralization and transparency all dYdX Chain core repositories are now public on GitHub.

dYdX will be winding down Testnet 2 on September 11th at 15:00 UTC to prepare for the launch of Testnet 3.

On July 14th, dYdX reached $1 trillion in total trading volume! Thank you to all the traders and community members that have supported our protocol. We look forward to an even brighter future as we approach the release of our v4 open-source software.

We will be sunsetting the current version of our testnet on August 7th at 17:00 UTC to reset and relaunch the public testnet on August 10th 17:00 UTC. The testnet will be unavailable while these upgrades are being made.

This post discusses characteristics of the open-source software and the related governance token. Please note that each of the topics discussed below is subject to change by the applicable governance community (the “Governance Community”).

In order to discourage MEV extraction, Skip Protocol developed a dashboard that highlights the amount of MEV each validator potentially has extracted. We are dedicated to building open-source mechanisms and protocol level designs to deter MEV extraction.

The dYdX Chain public testnet is set to launch on 7/05/2023 at 17:00 UTC! Read this blog post for further details and timelines. Happy testing!

This post presents a deep dive into v4 Governance. The dYdX Chain open source software will include certain required parameters of the governance module. However, dYdX Trading will not suggest or lead on-chain nor off-chain governance processes!

This post dives into how the dYdX v4 chain’s front end will work. dYdX will open source all front end codebases and associated deployment scripts. This will allow for anyone to easily deploy the dYdX front end via their own domain/hosting solution.

This post presents a deep dive into the Indexer. The Indexer is a read only layer that exists between the chain itself and end users. The Indexer’s purpose is to translate and serve data in an easier to use format.

dYdX is proud to have been named to Inc. magazine’s annual Best Workplaces list for 2023!

Understanding the benefits and trade-offs of decentralized systems is essential to crafting policies that will adequately protect consumers while allowing innovation to progress in a positive manner. Read more about why decentralization matters here.

Rebuilding dYdX as a standalone Cosmos based blockchain featuring a fully decentralized, off-chain, orderbook and matching engine.

The dYdX Private Testnet is set to begin on 3/28/2023 and will last 2-3 weeks. Read this post for further details and timelines!

As President Biden prepares to address the nation and the members of the 118th Congress with his State of the Union speech, this article reviews the last year in crypto and highlights the big ideas and events that will drive the conversation in 2023.

The purpose of Milestone 2 was to complete all of the basic functionality needed to run the core product of the V4 exchange.

Antonio touches on v4 product features, company plans, Android app, governance, and much more!

Rebuilding dYdX as a standalone Cosmos based blockchain featuring a fully decentralized, off-chain, orderbook and matching engine.

Think 10x bigger. A players only. Act like a founder. Ruthlessly prioritize impact. Decentralize through transparency. Move fast.

On April 19th, the dYdX fee holiday will be coming to an end.

dYdX is excited to unveil Hedgies, a collection of 4,200 unique collectible avatars that will be distributed to our community.

Announcing dYdX V4 - the next version of our protocol, fully decentralized. Coming 2022.

The dYdX Foundation is focused on fostering decentralized governance & empowering traders with powerful, transparent, and open products.

We’re excited to announce that dYdX has raised a $65M Series C round led by Paradigm!

After testing & improving our Layer 2 system with our community over the last few weeks, it is now live in production featuring zero gas costs, lower trading fees & small minimum trade sizes.

We took the last few months to revisit our visual identity. Introducing our new brand, homepage, and trading interface – all redesigned from the ground up to maximize the trading experience.

Sign up for the Alpha to start trading on Layer 2 with low fees, instant settlement, and up to 25× leverage. Our new cross-margined Perpetuals system is built in collaboration with StarkWare.

We’re excited to announce that dYdX has raised a $10M Series B round led by Three Arrows Capital and DeFiance Capital, with support from new and existing investors around the world.

It was a huge year for dYdX. We built and launched our first protocol for Perpetual Contracts, saw many thousands of new traders use dYdX, and increased our trade volume by 40x.

The dYdX Foundation has rebalanced its ~6.2M DYDX stake delegations to support a more decentralized and high-performing validator set. Delegations follow updated criteria, with final allocations at the Foundation’s discretion.

We now provide dYdX users a tool to purchase USDC using a variety of payment methods including credit card, bank transfer, and other convenient local payment methods.