Introduction to DYDX


dYdX is a protocol that allows the issuance and trading of ERC20 tokens for any financial product. dYdX uses off-chain orders and on-chain matching to create efficient markets. All described protocols are fair and not governed by a central authority. The protocol can be extended by anyone without requiring special permissions for other smart contracts. DYDX is a governance token that allows the dYdX community to hold and govern the dYdX protocol. It is mainly used for dYdX protocol governance and fee discounts. Project Introduction: Dydx exchange is a decentralized perpetual contract exchange that operates on an L2 blockchain system and provides L1 spot/leverage/lending services. Dydx uses a hybrid infrastructure model, primarily non-custodial, on-chain settlement, and an off-chain low-latency matching engine with an order book. dYdX has undergone at least four rounds of financing.
$DYDX $DYDX $DYDX3L
DYDX2.46%
DYDX2.52%
DYDX3L8.36%
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YangzaiPanda
· 07-05 11:20
Very wonderful sharing thank you very much for your sharing thank you very much
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YangzaiPanda
· 07-04 07:47
Very wonderful sharing, thank you very much for your sharing, thank you very much.
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