dYdX

DeFi's pro trading platform

San Francisco, United States · Founded 2017 · $87.0M raised

Employees
11–50
Founded
2017
Business Model
Marketplace
Website
dydx.xyz
Total Funding
$87.0M
Last Round
$65.0M Series CJun 2021
Rounds
4

About

dYdX is the world's leading decentralized exchange (DEX) for crypto perpetual contracts, founded in 2017 and headquartered in San Francisco, California. The platform has processed over $1.5 trillion in lifetime trading volume and supports 220+ markets with deep liquidity and advanced order types. dYdX v4 operates as a sovereign blockchain built on the Cosmos SDK, enabling fully decentralized, on-chain order book trading. The protocol is governed by the DYDX token and designed for professional traders seeking non-custodial access to perpetuals trading without geographic restrictions (except the US).

Summary

dYdX is a Crypto & Web3 company based in San Francisco, United States, founded in 2017. It has raised $87.0M in total across 4 rounds, most recently a $65.0M Series C round in Jun 2021. Investors include Andreessen Horowitz, Polychain Capital and Paradigm.

Tech & App Stack

8 technologies & apps tracked

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Funding History

Series CSeries CJun 2021
$65.0M

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Seed through Series C — per-round amounts, valuations, and who invested in each round.

Investors

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