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Blog

Read the latest news from our team.

dYdX Closes $65M Series C
dYdX Closes $65M Series C
New

We’re excited to announce that dYdX has raised a $65M Series C round led by Paradigm!

Product
Product
MATIC now live
MATIC now live

We are excited to share that MATIC-USD is now live as our 16th market.

Product
Product
Bitlink AMA Recap
Bitlink AMA Recap

On June 4th, we hosted a live AMA Spotlight with Yang Li, Cofounder at Bitlink Capital, where we discussed hedged vs. non-hedged market maker strategies, market color on dYdX, and more.

Product
Product
DOT now live
DOT now live

We are excited to share that DOT-USD is now live as our 15th market.

Product
Product
UMA now live
UMA now live

As we close in on $2B in cumulative volume on our Layer 2 Perpetuals, we are excited to share that UMA-USD is now live as our 14th market.

Product
Product
Deposit bonus promotion
Deposit bonus promotion

For a limited time, all users are eligible to receive a 50 USDC deposit bonus after a deposit of at least 1000 USDC to Layer 2.

Product
Product
CRV now live
CRV now live

As we close in on $1.8B in cumulative volume on our Layer 2 Perpetuals, we are excited to share that CRV-USD is now live as our 13th market.

Product
Product
Sixtant AMA Recap
Sixtant AMA Recap

In the latest addition to our AMA series focused on market making, Josu and Matt from Sixtant discuss market color on dYdX, market making strategies, the future of market making in DeFi, and more.

Product
Product
SNX now live
SNX now live

As we close in on $1.3B in cumulative volume on our Layer 2 Perpetuals, we are excited to share that SNX-USD is now live as our 12th market.

Product
Product
Wintermute AMA Recap
Wintermute AMA Recap

In April, we hosted an AMA with Evgeny Gaevoy, Founder & CEO and Yuriy Myronovych, Head of DeFi from Wintermute to discuss market making strategies.

Product
Product
DOGE now live
DOGE now live

As we approach the $1B mark in cumulative trading volume on Layer 2, we are excited to share that DOGE-USD is now live as our 11th market.

Product
Product
AVAX now live
AVAX now live

As we close in on $750M in cumulative volume on our Layer 2 Perpetuals, we are excited to share that AVAX-USD is now live as our 10th market.

Product
Product
StarkWare AMA Recap
StarkWare AMA Recap

In April, Ohad Barta and Brendan Chou discussed why dYdX chose StarkWare as their Layer 2 solution, how StarkEx works, the vision behind StarkNet, and more.

Product
Product
Deposit bonus now live
Deposit bonus now live

We are making it even easier to get started with dYdX. For a limited time, all new users are eligible to receive a 50 USDC deposit bonus after their first deposit to Layer 2.

Product
Product
YFI, 1INCH now live
YFI, 1INCH now live

As we approach $500m in total volume, and over 10,000 trades, we are adding YFI-USD and 1INCH-USD Perpetual Contracts, available with up to 10× leverage in eligible regions.

Product
Product
SOL, SUSHI now live
SOL, SUSHI now live

We have added SOL-USD and SUSHI-USD Perpetual Contracts with up to 10× leverage in eligible regions. We will continue to list new markets regularly.

Product
Product
UNI, AAVE now live
UNI, AAVE now live

Less than a week after our launch, we have added AAVE-USD and UNI-USD Perpetual Markets, available today to eligible traders, featuring up to 10× leverage.

Product
Product
Trade now on Layer 2
Trade now on Layer 2

After testing & improving our Layer 2 system with our community over the last few weeks, it is now live in production featuring zero gas costs, lower trading fees & small minimum trade sizes.

Product
Product
Join the Layer 2 Alpha
Join the Layer 2 Alpha

Sign up for the Alpha to start trading on Layer 2 with low fees, instant settlement, and up to 25× leverage. Our new cross-margined Perpetuals system is built in collaboration with StarkWare.

Product
Product
Meet the brand
Meet the brand

We took the last few months to revisit our visual identity. Introducing our new brand, homepage, and trading interface – all redesigned from the ground up to maximize the trading experience.

Achal
Achal
Announcing our Series B
Announcing our Series B

We’re excited to announce that dYdX has raised a $10M Series B round led by Three Arrows Capital and DeFiance Capital, with support from new and existing investors around the world.

Fundraising
Fundraising
2020 in Review
2020 in Review

It was a huge year for dYdX. We built and launched our first protocol for Perpetual Contracts, saw many thousands of new traders use dYdX, and increased our trade volume by 40x.

David
David