dYdX is a leading decentralized derivatives exchange focused on a curated set of perpetual contracts with deep liquidity and an order-book model. SynFutures offers a platform for decentralized perpetuals on any asset, emphasizing permissionless listing and broader asset coverage. dYdX suits traders seeking high liquidity on major pairs, while SynFutures appeals to those wanting exposure to long-tail or niche assets.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $83.7MDefiLlama | $3.5MDefiLlama |
| MCap Rank | #1791 | #971 |
| Total Raised | $85.0M | $37.4M |
| Founded | 2017 | 2021 |
| Stage | — | — |
| X / Twitter | 39K | 328K |
| GitHub Stars | 329 | 3 |
| Chains | cosmosdydxethereum | arbitrumbaseblast |
| Tags | Derivatives, DeFi, Appchain | DeFi, Derivatives, Perp |
dYdX is a decentralized exchange (DEX) specializing in derivatives and perpetuals trading. Built on its own CosmosSDK-based blockchain, it offers non-custodial trading with community governance and validator security. The platform is a key player in the DeFi derivatives space, backed by the Paradigm portfolio.
SynFutures is a decentralized protocol for perpetual futures that allows users to trade any asset and create futures contracts. Its V3 oAMM integrates an AMM with an on-chain order book, democratizing derivatives trading.