dYdX is a decentralized perpetuals exchange and DeFi trading protocol, operating as a decentralized, disintermediated and permissionless protocol that is not available in the U.S. or to other Restricted Persons. Based in the United States, it was founded by Antonio Juliano as Founder and CEO of dYdX Trading Inc. The protocol is developed by dYdX Trading Inc. dba dYdX Labs as the open source software developer behind the dYdX protocol, alongside the dYdX Foundation, which was founded in June 2021 to support the dYdX protocol and advance the dYdX Chain and on-chain governance. dYdX's TwitterScore is 359 out of 1000, ranking #792 among 364,268 tracked accounts, with 287,288 followers and 7,607 posts.
dYdX raised a $65M Series C round led by Paradigm, with participation from a16z, Polychain Capital, Three Arrows Capital, and Wintermute, and earlier raised a $10M Series B round led by Three Arrows Capital and DeFiance Capital. In February 2021, it partnered with StarkWare to launch a Layer 2 protocol for cross-margined perpetuals based on StarkWare's StarkEx scalability engine. dYdX announced in June 2022 that it was building its fourth version using Tendermint and joining the Cosmos ecosystem, and in September 2023 the community voted to adopt DYDX as the Layer 1 token for the dYdX Chain.
dYdX Trading Inc. acquired key business teams from the dYdX Foundation, including Marketing, Business Development, and Solutions, on June 2, 2025, and acquired Pocket Protector on July 18, 2025, with Eddie Zhang joining as President and Kaiser Kinbote as Head of Growth. On October 10, 2025, the dYdX Chain experienced temporary instability and downtime due to market volatility, with funds remaining secure and normal operation resuming on October 11, 2025. dYdX announced on December 11, 2025, that Solana spot trading was live on dYdX, marking the first phase of a broader Solana rollout. Three Arrows Capital, a former dYdX backer, was ordered into liquidation by a British Virgin Islands court in June 2022.
dYdX is mentioned by 1,065 accounts, with 3,787 total mentions.
Smart Followers
The accounts that follow dYdX include 1,207 founders, 274 angel investors, 793 influencers and 117 VCs, among them Toly, Solana, Laura Shin, Erik Voorhees, Stani and Fred Ehrsam.