Trading, for everyone. dYdX's mission is to democratize access to financial opportunity. Learn more on our About page. About dYdX dYdX is the developer of a leading decentralized exchange on a mission to build open, secure, and powerful financial products. dYdX runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange. Introducing Swap Mode Trade perpetuals with a familiar yet powerful UI through our iOS App We’re excited to launch a new way to trade with dYdX: Swap Mode 💱 Today, Swap Mode is available through the dYdX iOS App to 50% of users. All users will have access soon. Swap Mode allows you to trade perpetuals with leverage through a familiar, swap-style UI. You can swap any supported asset for. dYdX Chain (or v4 ) is composed of full nodes and each maintains an in-memory order book. Anyone can use the open source software to run a full node. Traders can submit order placements and cancellations to full nodes, which gossip the transactions amongst themselves. Full nodes with enough delegated layer 1 governance tokens participate in block building as validators. Validators on dYdX. Get your questions answered on dYdX's Frequently Asked Questions (FAQs) page. From Layer 2 to cross-margining we got you covered. User Submitted Questions and Answers Since the inception of dYdX Chain, we have been compiling a list of questions and answers from users related to technical support. We turned this list into a live v4 Telegram Questions document, which should be able to answer many of your more nuanced questions. It's a large document, so we recommend CTRL+F to find key words. You can anonymously access the. Update With new updates to dYdX on the horizon, we’re working hard to make sure that traders have a clearer understanding of protocol fees. Previously, holders of DYDX or stkDYDX were eligible to receive a trading fee discount based on the size of their current holdings. We will be winding down fee discounts and reverting back to normal fees for all dYdX traders on September 29th at 1pm ET. About dYdX dYdX is the developer of a leading decentralized exchange on a mission to build open, secure, and powerful financial products. dYdX runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange. dYdX is excited to offer gasless deposits and seamless 0x swaps for a greatly improved onboarding experience. The dYdX Chain mainnet code has been released! dYdX Chain code supports a decentralized exchange protocol on Cosmos, enabling scalable, non-custodial trading. Learn more about the dYdX Chain code here. Learn about third party deployments here.