DYDX xarid qiling.

dYdX is a decentralized trading platform focused on derivatives, particularly perpetual contracts, which offer users the ability to trade crypto assets with leverage. It combines the transparency and control of decentralized finance (DeFi) with the performance and user experience typically found in centralized exchanges.

Built originally on Ethereum and later migrating to its own Cosmos-based appchain, dYdX enables fast, low-cost trading while maintaining full custody of user funds. The protocol has become one of the most widely used decentralized derivatives platforms, with deep liquidity, advanced trading tools, and a seamless interface for retail and professional traders alike.

The DYDX token governs the platform. It allows holders to propose and vote on upgrades, risk parameters, and reward distributions, ensuring that the protocol evolves in a decentralized and community-driven manner. Token holders also benefit from staking opportunities and potential fee discounts, enhancing long-term engagement with the platform.

DYDX is priced at $0.15, with a market capitalization of $6,254,814.75. Its all-time high reached on . There are DYDX tokens in circulation, out of a total supply of , with the maximum supply capped at .

You can buy dYdX using your credit or debit card directly on Nexo, or explore additional payment options for access. Proceed to the Nexo Exchange to buy DYDX.