dYdX is a management token that allows the community to manage dYdX Layer 2. The token was deployed in Ethereum, its features are two strategies proposed by DeFi: short deals that allow you to profit from price cuts and loans with full collateral.

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There are now several entities all building on dYdX, each with its own TLD:

.exchange: dYdX Trading Inc., core devs & hosting v3

.foundation: @dydxfoundation , governance and created $DYDX.trade: @dydx_ops_subdao , hosting key infra & frontends for deployment of the dYdX Chain

There are now several entities all building on dYdX, each with its own TLD:. exchange: dYdX Trading Inc.