Phillip Adam

dYdX - The most powerful open trading platform for crypto assets

by
On dYdX users can:
- Margin trade with leverage up to 4x
- Earn interest on crypto
- Borrow crypto peer-to-peer
dYdX is completely decentralized and runs on smart contracts on the Ethereum blockchain. dYdX is available to everyone, everywhere

Add a comment

Replies

Best
Phillip Adam
Hello hunters! My team and I @ dYdX have worked extraordinarily hard on evolving the way traders can use Ethereum smart contracts to build financial primitives in a secure and scalable way, and we are very excited to bring you this all new platform! Backstory: Before building this product, we had another product called Expo. Expo was an implementation of our first version of our protocol, where we tokenized margin positions. Through extensive feedback, insightful intercom chats, and discussions about the product internally, we highlighted several limitations on expo and wanted to enable the diversity of features in derivatives trading as tools to empower our users. Now: With the new platform now fully operational we are: - adding account history!! (that's on me lol) - researching the addition of new markets - implementing more ways to source liquidity