On July 14th, dYdX passed $1 trillion in total trading volume on our L2 platform!
As we reflect on the history of dYdX, we are very proud to have reached this milestone. Thank you to all the traders and community members that have supported our protocol during this journey. After several iterations of the product and bold pivots, the team at dYdX Trading is proud to have built a protocol that provides value to the crypto ecosystem. We look forward to an even brighter future as we approach the release of our open-source v4 software.
Full steam ahead!
dYdX is the developer of a leading decentralized exchange on a mission to democratize access to financial opportunity by building open, secure, and powerful financial products. dYdX currently runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange.