dYdX

What is dYdX?

dYdX runs on smart contracts on the Ethereum blockchain, it's a decentralized exchange that supports perpetual, margin trading, and spot trading, as well as lending, and borrowing.

What are the Main Features of dYdX?

Perpetuals on Layer 2

• Perpetuals trading with up to 25x leverage 
• Pairs offered: BTC-USD, ETH-USD, LINK-USD, and more

Spot / Margin Trading on Layer 1

• Currently one of the highest volume and most liquid DEXs
• Spot trading + Margin trading with up to 5x initial leverage (Pairs offered: ETH-DAI, ETH-USDC, and DAI-USDC)

Borrowing on Layer 1

• Currently support ETH, DAI, and USDC
• Minimum starting account collateralization of 125%, which must be maintained above 115% to prevent liquidation
• Borrow directly to your wallet

Lending on Layer 1

• Deposit funds into your Margin or Spot Account to start lending funds to the protocol
• Currently support ETH, DAI, and USDC
• No waiting period for matching
• No minimum loan period
• Interest starts accruing immediately and is paid out every block
• Rates are dynamic and based on utilization

How Can I Contact dYdX Customer Support?

dYdX Help Center: https://help.dydx.exchange/en/

Or try these social media to get dYdX customer service:

• Blog - https://dydx.exchange/blog/alpha
• Discord - http://discord.gg/Tuze6tY
• Twitter - https://twitter.com/dydxprotocol
• WeChat - dYdX Protocol
• Youtube - https://www.youtube.com/c/dYdXprotocol
• LinkedIn - https://www.linkedin.com/company/dydx
• Telegram - https://t.me/joinchat/GBnMlBb9mQblQck2pThTgw
• Reddit - https://www.reddit.com/r/dydxprotocol
• Medium - https://medium.com/dydxderivatives