Our mission is to create a more open, transparent, and secure financial system where everybody has access to high quality financial tools.
With the rise of decentralized technologies like blockchain, we think the time to build it is now.
What are we building?
We are building a decentralized exchange for margin trading and eventually derivatives. With dYdX users can trade, borrow, and lend any supported asset.
dYdX is powered by smart contracts on the Ethereum Blockchain, which eliminates the need to trust a central exchange while trading.
Why is this important?
Powerful financial products like margin and derivatives are essential. They empower traders to better manage risk, more efficiently allocate capital, and express more complex opinions on price and volatility.
However, access to these tools is very limited by location and status. Current markets are opaque and require heavy trust in counterparties and intermediaries. Security and transparency are especially important in the cryptocurrency space where high profile hacks and scams are common.
dYdX solves these problems by giving everyone, everywhere access to high quality financial tools directly from their wallet to the blockchain.
Previously Software Engineer at Coinbase and Uber. Princeton Computer Science '15
Previously Site Reliability Engineer at Google, Financial Software Engineer at Bloomberg. Princeton Computer Science '15
Head of Business Operations & Strategy
Previously Strategy / Ops at Nimble Pharmacy, Consultant at Bain & Company. UQ Economics ’12
Previously Smart Contract Security at ConsenSys. Vanderbilt Computer Science 18
Previously Software Engineer at NerdWallet. UIUC Computer Engineering '16
Previously Software Engineer at Bloomberg. University of Pennsylvania CS '16 & Masters CS '18
Previously Software Engineer at Uber. UCLA Masters CS '16'
Previously Software Engineer at Waymo, Blend, BetterWorks. Carleton College CS '15'
Co-Founder of Paradigm. Previously co-founder of Coinbase, trader at Goldman Sachs
Founder of Kindred Ventures. Advisor to many startups including Uber & Expa
Previously Product Counsel & Product Lead at Coinbase
Previously Director of Recruiting at Coinbase, Recruiter at Airbnb & Google
We believe in using decentralization to build a better financial system. We're working to redefine the core of the world's biggest market. Interested in building the future of finance?
Crypto Startup That Lets You 'Short' Ethereum Raises $10 Million
Fortune — Oct 19, 2018
Andreessen-funded dYdX plans ‘short Ethereum’ token for haters
TechCrunch — Aug 3, 2018
dYdX is a decentralized protocol for cryptocurrency derivatives
TechCrunch — Dec 19, 2017
Ethereum margin trading exchange, dYdX, launches limit orders and native ETH-DAI market
The Block — Sep 10, 2019
dYdX attracts significant liquidity after releasing native markets
The Block — Nov 1, 2019