DeFi Intel

dYdX v4 protocol

perp-dex · PageRank 0.0022

Source: docs.dydx.exchange

Overview

dYdX v4 is a decentralized perpetual futures exchange operating as a sovereign Cosmos application chain. It uses an off-chain order book with on-chain settlement and is fully governed by the DYDX token community. The protocol is designed to be completely decentralized, with no admin keys or centralized components.

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

Relations

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

RelationConnected entityConfidence
supports_tokenDYDX95%
deployed_ondYdX Chain95%

Frequently asked questions

What is dYdX v4?

dYdX v4 is a decentralized perpetual futures exchange operating as a sovereign Cosmos application chain.

How does dYdX v4 handle order execution?

dYdX v4 uses an off-chain order book with on-chain settlement.

What token is used for governance of dYdX v4?

dYdX v4 is fully governed by the DYDX token community.