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Annual Report
Discover the latest trends, insights, and advancements that the dYdX Foundation has championed in 2023.
Empower Community-Led Sustainability
Trade to earn rewards. Vote on the future of your exchange. Take control of the most powerful decentralized derivatives protocol.
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FAQs
Explore our FAQ section for clear, concise answers to your most common questions about dYdX Foundation and our mission.
dYdX Foundation is a an independent not-for-profit foundation headquartered in Zug, Switzerland. The foundation was founded in June 2021.
Democratize access to financial opportunity.
To support and grow the dYdX protocol ecosystem by enabling communities, developers and decentralized governance.
You can engage by participating in community discussions, contributing to the open-source code, trading on the platform, or participating in governance decisions.
dYdX ensures security through rigorous auditing of its smart contracts, and by continuously monitoring its systems for any unusual activity.
On August 3, 2021, dYdX Foundation introduced DYDX, a governance token that allows the dYdX Protocol’s community to govern certain aspects of the dYdX protocol. DYDX aligns incentives between traders, liquidity providers, and other users of the dYdX protocol. DYDX enables a robust ecosystem around governance and rewards – each designed to drive the future growth and decentralization of the dYdX protocol.
The dYdX Foundation is just one player in the expansive dYdX Ecosystem. It’s important to highlight other key contributors that significantly impact the ecosystem’s growth and functionality. These include dYdX Trading, the core development team behind the dYdX Protocol; dYdX Grants, , the grant-making trust entity responsible for administration of grants to dYdX contributors, and the dYdX Operations Trust, an operational trust established to build operational capabilities for the dYdX DAO at large. Beyond these formal entities, the dYdX Ecosystem encompasses a diverse range of participants such as developers, infrastructure providers, validators, community members, grantees, token holders, investors, market makers, and traders, among others.
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