dYdX
Main Network
5.0
3 Ratings
What is dYdX? dYdX is the world's leading decentralized trading platform for Ethereum based assets. Our exchange supports lending, borrowing, and margin trading with custom leverage. On dYdX you can enter into custom short and long positions with leverage up to 4x. While margin trading on dYdX, funds are automatically borrowed from lenders on the platform. dYdX integrates with the most liquid decentralized exchanges so you can trade without ever having to leave the platform. Collateral used to secure margin trades continuously earns interest, making sure you get the maximum yield on your capital. ] Any funds deposited to dYdX will continuously earn interest. Funds can be deposited and withdrawn at any time. Interest rates are automatic and dynamic, so you will always earn market rate without ever having to worry about setting specific interest rates. You can use dYdX to borrow funds directly to their Ethereum wallet. Any supported asset can be borrowed so long as you maintain a 1.25x initial / 1.15x minimum collateral ratio. Borrowed funds can be used for anything, including as working capital, or trading on third party exchanges.
24Hr Users
66
Total Unique Users
9,451

Dapp Details

dYdX
5.0
Main Network
Web
EN
What is dYdX?
dYdX is the world's leading decentralized trading platform for Ethereum based assets. Our exchange supports lending, borrowing, and margin trading with custom leverage. On dYdX you can enter into custom short and long positions with leverage up to 4x. While margin trading on dYdX, funds are automatically borrowed from lenders on the platform. dYdX integrates with the most liquid decentralized exchanges so you can trade without ever having to leave the platform. Collateral used to secure margin trades continuously earns interest, making sure you get the maximum yield on your capital. ] Any funds deposited to dYdX will continuously earn interest. Funds can be deposited and withdrawn at any time. Interest rates are automatic and dynamic, so you will always earn market rate without ever having to worry about setting specific interest rates. You can use dYdX to borrow funds directly to their Ethereum wallet. Any supported asset can be borrowed so long as you maintain a 1.25x initial / 1.15x minimum collateral ratio. Borrowed funds can be used for anything, including as working capital, or trading on third party exchanges.
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