DeFi Intel

dYdX Chain chain

Chain · PageRank 0.0015

Also known as: dYdX L1

Source: dydx.trade

Overview

dYdX Chain is a sovereign proof-of-stake blockchain built with the Cosmos SDK, designed as a dedicated Layer 1 for the dYdX derivatives trading protocol. It uses CometBFT consensus for security and finality, with an off-chain order book and on-chain settlement. The chain's native token DYDX is used for staking, governance, and fee distribution.

Within the DeFi Intel graph, dYdX Chain connects to 2 tracked entities, most strongly to DYDX, dYdX v4.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).

RelationConnected entityConfidence
issuesDYDX95%
runsdYdX v495%

More on dYdX Chain

Frequently asked questions

Is dYdX self-custodial?

Yes. The platform emphasises that users retain custody of their own funds rather than entrusting them to an exchange.

Can US residents use dYdX?

No. dYdX states it is not available in the United States or to other restricted persons.

What can you trade on dYdX?

Perpetual futures across more than 200 markets, with advanced order types and API access.

Sources

Facts on this page were verified against the following sources.