What is dYdX? Decentralized Finance: dYdX DEX Perpetual Protocol Review

Published: 28 September 2022
on channel: Exodus

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What is dYdX? dYdX is an increasingly popular on-chain derivatives platform that launched in 2017. “Perpetuals” are a popular way to bet on the future price of a coin or a token, either by going leveraged long or leveraged short on cryptocurrencies such as Ethereum and Bitcoin. dYdX is growing in the decentralized finance or DeFi ecosystem because it has zero trading fees – you heard that right – as well as other trading features that make trading perpetuals on the dYdX exchange attractive. Jump in and watch this vid to find out all about dYdX explained. Are you bullish on dYdX?

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What is dYdX? Decentralized Finance: dYdX DEX perpetual protocol review

#decentralizedfinance #defi #dYdX

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