dYdX is a leading decentralized derivatives exchange focused on major crypto perpetuals with high liquidity and an order-book model. MYX Finance positions itself as the first perpetual market for any token, enabling trading of long-tail assets via a different mechanism. dYdX suits experienced traders seeking deep liquidity and established markets, while MYX Finance is better for those wanting exposure to less common tokens not available on other platforms.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $82.4MDefiLlama | $98.7KDefiLlama |
| MCap Rank | #1774 | #964 |
| Total Raised | $85.0M | $5.0M |
| Founded | 2017 | 2023 |
| Stage | — | — |
| X / Twitter | 39K | 123K |
| GitHub Stars | 329 | — |
| Chains | cosmosdydxethereum | arbitrumbnb-chainlinea |
| Tags | Derivatives, DeFi, Appchain | Perp, Derivatives, DeFi |
dYdX is a decentralized exchange (DEX) specializing in perpetual futures and derivatives trading. Built on its own CosmosSDK-based blockchain, it offers non-custodial, high-throughput trading with community governance and validator security.
MYX is a decentralized derivatives protocol that uses a unique Matching Pool Mechanism to offer permissionless perpetual trading across multiple blockchains. It provides leverage up to 15x on listed tokens with fast execution and low fees, catering to both mainstream and emerging memecoin markets.