A token that allows the dYdX community to operate the dYdX Layer 2 protocol.
It allows you to lend, borrow, and bid on the price of cryptoassets through a decentralized exchange.
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| Cryptocurrency | |
|---|---|
| Short title | DYDX |
| Official website | |
| Social network | |
| Date of foundation | 1970 |
| Types of support | Help CenterForumTwitterReddit |
| Communities | |
| Languages | English, Russian, Chinese, Korean |
| Founder | Antonio Giuliano |
| Company owner | dYdX Trading Inc. |
| Features of cryptocurrency | A token that allows the dYdX community to manage the dYdX Layer 2 protocol |
| How many coins | 1000000000 |
| How to get | Buy on the exchange |
| Number of exchange destinations | 112 |
| Crypto exchanges | |
| Purses | |
| Transaction Control | Expenditures from the common pool within the platform are approved by the developers after a vote |
| Growth factors | Collaborative protocol management |
| Age restrictions | From 18 years |
| Additional features | Remuneration system for liquidity providers |
| Advantages | Advanced margin trading tools and protocols Storage and management of user assets by smart contract applications Ability to make peer-to-peer short sales No need to go through registration and KYC procedure Low commissions and minimum transaction sizes |
| Adjustable | No |
| API | No |
| Source code | |
| White Paper | |
| Company requisites | Legal name: dYdX Trading Inc. Legal address: No information |
| Overall assessment | 4.2/10 |
| Date of update | May 14, 2023 |
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