DYDX

dYdX is a leading decentralized exchange (DEX) that empowers traders with a robust suite of financial tools. Built on Ethereum, dYdX offers perpetual, margin, and spot trading, as well as lending and borrowing capabilities. Its innovative platform allows users to leverage advanced trading strategies while maintaining control over their assets. To enhance scalability and user experience, dYdX has transitioned to a layer-2 solution powered by StarkWare's zero-knowledge rollups. This upgrade significantly improves transaction speeds and reduces costs. The platform is also developing its own independent blockchain based on the Cosmos SDK to further expand its capabilities and reach.