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dYdX

About dYdX

dYdX is a platform for leverage trading, allowing users to trade perpetual contracts. It focuses on providing a decentralized trading experience with advanced features for cryptocurrency traders.

Business Information
Target Customers
retail traders institutional investors crypto enthusiasts
Industry Categories
Blockchain/Web3 Accounting/Finance
Business Model
Revenue Model Transaction fees
Pricing Strategy Variable based on trading volume
Sales Channels direct, partnerships with crypto exchanges
Funding Timeline
Round Date Amount Investors
Series A Oct 01, 2018 $10.0M Unknown
Founders

No founder information available.

Investors

No investor information available.

Recent Mentions
Telcier
Telcier @Telcier
May 13, 2025

Since the start, dYdX didn’t back down. In October 2018 they raised another $10M in a Series A funding round. This money was needed for development and expansion. In May ‘20, its time to launch their first perpetual contract. (BTC) This was the start of leverage trading. 3/6 https://t.co/OKNWFNXLgQ