dYdX is a decentralised platform offering advanced financial tools such as derivatives and margin trading for crypto assets. Built on Ethereum, dYdX facilitates open and secure trading on a platform that supports complex trading operations traditionally available only on centralised exchanges. The platform utilises smart contracts for decentralised trade execution, margin calls, and funding, ensuring transparency and security for its users. dYdX’s native token is used for governance, fee discounts, and staking, further integrating its community into the platform’s operations.