dYdX Trading has officially updated its charter to become a Public Benefit Corporation. In addition to all of our work on the v4 open source code, this further establishes our commitment to aligning with the builders, traders, and stakeholders in the web3 community.
This marks a historic moment for DeFi as this is the first time that a major DeFi corporation has moved to become a Public Benefit Corporation. We aim to be innovative not just through products and technology, but through legal and organizational structure as well. Below is a quote directly from our new charter, showing our effort to better align the Company’s corporate form with our goal of democratizing access to financial opportunity:
“The specific public benefit to be promoted by this corporation is building and supporting protocols that, and industry members who, promote and facilitate economic or technological advancement of the global community, including but not limited to the democratization of access to financial opportunity through open source and decentralized crypto asset exchanges and other technologies.”
With this change, it is now baked into our company charter that the company can balance the interests of many interested parties beyond shareholders alone, including stakeholders affected by dYdX Trading’s products/services and the Web3 community. As open source software developers, dYdX Trading will not own or control the operations, infrastructure, fees, growth, or development of any protocol using the v4 open source code.
We hope that you are as excited for the dYdX Chain as we are! Full steam ahead to the open source release!
Legitimacy and Disclaimer
© 2025 dYdX International Ltd. All rights reserved.
dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to U.S. persons as well as for Restricted Persons as set out in the dYdX Software Terms of Use, accessible: https://dydx.exchange/v4-terms. dYdX International Ltd (“DI”) does not develop, control or participate in the operation of any component of the dYdX Protocol (including the MegaVault).
The information provided in this website is for general informational purposes only and DI reserves the right to update, modify, or amend any contents herein, at its sole discretion and without prior notice. Nothing herein should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act in any way by anyone.
Engaging in any activity involving crypto-assets (including trading crypto assets and depositing into the MegaVault) is risky due to high volatility. Returns are not guaranteed and may fluctuate over time depending on multiple factors, and you may lose your entire investment, particularly when using leverage. Investment into crypto-assets may not be regulated and may not be suitable for retail investors. You should perform your own research and due diligence before engaging in any activity involving crypto-assets.
In no event will DI be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, arising from or in connection with the use of this website. By continuing to access this website, you agree to the above and accept the possibility of changes in the information provided.
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