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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dYdX

The most powerful open trading platform for crypto assets and derivatives

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We are extremely excited to share that our L2 cross-margined perpetuals are now fully live in production for all eligible users! Users can now deposit USDC and start trading perpetuals gas-free, with increased leverage, cross margining, and fast-withdrawals. 

Announcement: https://dydx.exchange/blog/public
Start Trading: https://trade.dydx.exchange/

We are extremely excited to share that our L2 cross-margined perpetuals are now fully live in production for all eligible users.