dYdX is a set of protocols that allows any financial product to issue and trade ERC20 tokens. dYdX takes off-chain orders and on-chain matching to create an efficient market. All the described protocols are fair and free of the jurisdiction of central authorities. These protocols can be extended by anyone without special permissions and other smart contracts.
DYDX is a governance token that allows dYdX communities to hold and govern the dYdX protocol. It is mainly used for dYdX protocol governance and transaction fee discounts.
Full name: dYdY
Token symbol: DYDX
Issue date: August 3, 2021
Total supply: 1,000,000,000
Circulating supply: /
Official website: https://dydx.exchange/
White paper: https://dydx.exchange/
Blockchain explorer: https://cn.etherscan.com/token/0x92d6c1e31e14520e676a687f0a93788b716beff5
Disclaimer: this introduction derives from the white paper and other official information released by the official project team so that investors can better understand the token and the corresponding project. The content of this paper is obtained through legal channels to ensure the reliability, accuracy and completeness of the information as far as possible, but the accuracy and completeness of the information mentioned in the report are not completely guaranteed. The content of this paper cannot be used as the basis for investment research decisions, moral, responsibility and legal basis or evidence, whether explicitly or implicitly.