Leading decentralised derivatives exchange
dYdX is the largest decentralised protocol for trading crypto derivatives. It runs on its own blockchain based on Cosmos. No KYC and no centralised custody.
Why we recommend dYdX
Decentralisation
No KYC and no centralised custody — just your wallet.
High liquidity
One of the largest DEXs by derivatives trading volume.
Native chain
dYdX Chain — its own blockchain with fast transactions.
No gas fees
No gas fees when making trades.
Governance
DYDX token for voting on protocol changes.
Security
Funds stay with the user — no risk of exchange hacks.
Step-by-step guide
Follow these steps to open an account and make your first trade.
Visit dYdX via our link
Connect your Web3 wallet (MetaMask, WalletConnect)
Bridge USDC to the dYdX Chain
Select a trading pair
Open a position
Set Stop-Loss and Take-Profit
Monitor your open position
Close the trade and withdraw your funds
Frequently asked questions about dYdX
Is KYC required for dYdX?
No — it's a decentralised platform with no identity verification.
How do I fund my account?
Bridge USDC to the dYdX Chain.
What is the DYDX token?
The protocol's native token for staking and voting on changes.
Where are my assets stored?
In your self-custody wallet — dYdX does not hold user funds.