In the field of decentralized finance, dYdX is a popular new project (DeFi). dYdX is the name of a cryptocurrency margin trading and perpetual futures trading platform run by a decentralized exchange (DEX).
Second, the dYdX platform also has its own native cryptocurrency using the ticker DYDX, also known as the dYdX coin. This is a governance token used to exchange cryptocurrencies (Bitcoin (BTC), Ethereum (ETH), etc.) on the dYdX network and earn rewards by providing liquidity to traders.
But what distinguishes the dYdX crypto coin from others? Is this the ideal moment to invest in dYdX coin? This tutorial will teach you all you need to know about dYdX currency and show you how to purchase it.
