Post
Topic
Board Altcoin Discussion
Re: Will dYdX Lead The Breakthrough of DeFi Derivatives?
by
bixiiMaphi321
on 05/10/2021, 16:23:02 UTC
dYdX has long been known and popular among overseas DeFi circles. dYdX firmly believes that decentralized perpetual contracts are an important step forward for institutions and market makers to enter the market, and of course suitable for DeFi. Currently, the trading volume of crypto perpetual contracts is twice as high as that of the spot market and it is still growing rapidly. It is expected that this trend will also apply to the DeFi sector, and the trading volume of decentralized perpetual contracts will quickly surpass all DeFi spot transactions. dYdX is committed to the development of decentralized finance and its goal is to introduce the security, transparency, and inclusivity of open source software into the world of finance. At the same time, In a Distrusted Way Lending and Leveraged Transactions are fundamental breakthroughs in financial markets. DYdX offers the full range of technologies to make this a reality.