#DYDX

dYdX is a decentralized exchange (DEX) that specializes in perpetual contracts, options, and margin trading for cryptocurrencies. It's built on the Ethereum blockchain and utilizes smart contracts to facilitate trades ¹.

The platform offers advanced trading features, including:

- *Instant Market Listings*: Users can list and trade any market instantly, without needing governance approval.

- *MegaVault*: A liquidity pool that ensures continuous liquidity across dYdX's markets, allowing users to earn passive yield.

- *Affiliate Program*: Users can earn lifetime commissions on referred users, paid instantly in USDC.

- *Trading Rewards Program*: Users can earn DYDX tokens based on their trading volume and engagement on the platform.

dYdX has processed over $240 billion in total trading volume and supports over 140 markets. The platform is governed by community proposals, with over 170 submitted to date ¹.

You can trade dYdX on Binance, where it's one of the most popular trading pairs, DYDX/USDT, with a trading volume of over $17 million in the last 24 hours ².