Arcus

261 reviews, 91% of them positive; 285 WHUF vouched for them by 1 person.91% positive · 261 reviews· 285 WHUF vouched· Influence factor 146, above 29% of accounts

The record

From 5 activities · Aug 2026

dYdX operates a decentralized perpetual contracts platform built on its own Cosmos SDK chain, offering non-custodial and permissionless trading infrastructure designed for low fees and high performance. Users appreciate the platform's functionality and accessibility, with positive feedback on the trading experience and community engagement.

What people say

Received · 261 Given · 0

Vouched · 1 person · 285 WHUF at stakeAll vouches ›

1243deepu🎴39d ago 285 WHUF“best app on robinhood”

“vadeli ustaları iyi bilir”zamanında vadeli için çokça kullanılırdı şuanda da ekip sessizce pişirmeye devam ediyor sanırım

Stoic Bedo · 1223· 1y ago15

“awesome”dYdX has become a go to spot for crypto traders looking to dive into decentralized finance without the usual headaches. It's basically a DEX focused on perpetual contracts, letting you bet on price moves with up to 20x leverage, all while keeping things non custodial your funds stay locked in smart contracts, not some company's vault. Launched back in 2017, it exploded in popularity and now ranks second in trading volume behind Uniswap, pulling in serious liquidity and low fees that make trading feel smooth and affordable. By mid 2025, dYdX is still growing strong, with over 1,200 active markets or whatever the latest buzz is it's evolving fast in the DeFi scene. What I love about it is the advanced tools for pros, like order books and charts that rival centralized exchanges, but with that blockchain transparency. If you're tired of KYC nonsense and want real control over your trades, dYdX delivers without compromising on speed or security. It's DeFi done right, empowering everyday traders to play the markets on their terms.

EGGWARD · 1282· 1y ago15

“Early Movers”DYDX is one of the early trading platform on here that gives tons of users good products to use. A fully decentralized protocol and community governed. Their airdrop changes the lives of a lot of people yet they never stop shipping out interesting features to keep there products afloat. they remain one of those that provided good UI and UX alternative to Uniswap and they were so professional

Lejupiter · 1273· 1y ago15

“dYdX made me question what “Decentralized Trading” truly means”dYdX is likely the most advanced decentralized derivatives platform, but it’s not a no-risk utopia. It pushes the DeFi envelope with self-custody, no KYC, governance-aligned incentives, and fast L2 scaling. But bridging delays, limited assets, and centralization quirks mean you need to be informed, not just onboarded. If you're an advanced trader, investor in rollups, or DYDX token holder, this platform offers real utilities. But if you're newer to trading or reliant on fiat rails, proceed carefully. DYDX is powerful, but only if you understand what you’re using and why

Nic · 1316· 1y ago15

“OG”One of the first PERP DEXs in the Ethereum ecosystem, an excellent product that later changed networks, and today it has lost some space with the emergence of other PERPs.

Xavier594 · 1308· 1y ago15

“Pro Trading DEX”dtdx offers a decentrilized trading platform designed for perpetual contracts, combining deep iquidity advance trading tool and low fees i personally trading on it and tbh i love it

Alpha Cat 🐂🀄️ · 1260· 1y ago15

“Great Defi Pro Trading Platform”One of the first decentralized exchange,made Defi and perpetual trading easier and safer on chain. It has deep liquidity and freedom of decentralization with advance order types, a high-performance API and an instant market listings.

kay_O_kay (❖,❖) · 1347· 1y ago15

“Sleek”dYdX is one of the notable DEX with an advanced tools of Centralized Exchanges, it has a really sleek interface and has an active governance voting via their native token

Eleven · 1274· 1y ago15

“Solid presence in onchain derivatives with real usage and steady protocol evolution.”The protocol has maintained a strong foothold in decentralized perpetuals. While the ecosystem continues evolving, its infrastructure and usage stats reflect sustained relevance in a competitive vertical.

UgurS (❖,❖) · 1203· 1y ago15

“One of the first Coins I ever traded in crypto. They do a good job of bringing benefits to users and satisfaction”

Aziz · 1214· 1y ago15

“Dydx platform”dYdX is a leading decentralized exchange (DEX) that embodies the core principles of DeFi—transparency, user sovereignty, and decentralization—while delivering a trading experience that rivals centralized platforms. Founded in 2017 by Antonio Juliano, a former Coinbase engineer, dYdX has evolved from an Ethereum-based Layer-2 protocol to its own standalone blockchain within the Cosmos ecosystem (dYdX Chain, launched October 2023), showcasing its commitment to innovation and the DeFi ethos of permissionless, trustless finance. Here’s a review of dYdX with a focus on how it aligns with the decentralized ethos.Strengths: Embodying the DeFi EthosNon-Custodial and Trustless Design: dYdX’s non-custodial model ensures users retain full control of their funds, aligning with the DeFi mantra of “don’t trust, verify.” Assets are managed via smart contracts, and private keys remain with users, eliminating risks associated with centralized exchanges like bank runs or hacks. The platform’s open-source code, available on GitHub, allows anyone to audit and verify its operations, reinforcing transparency. Community-Driven Governance: The dYdX Chain is governed by the dYdX DAO, empowering token holders to vote on critical decisions, such as new market listings or protocol upgrades. For example, in September 2023, the community voted with 91% approval to adopt DYDX as the Layer-1 token, demonstrating a commitment to decentralized decision-making. This governance model ensures the platform evolves in line with user needs, not top-down directives. Permissionless Innovation: dYdX’s permissionless framework allows users to list new markets instantly, fostering financial autonomy and enabling traders to access assets before they appear on centralized exchanges (CEXs). This aligns with DeFi’s ethos of democratizing access to financial opportunities without gatekeepers. High Performance with Decentralized Integrity: By leveraging StarkWare’s zero-knowledge rollups (ZK-rollups) and later transitioning to the Cosmos-based dYdX Chain, dYdX achieves lightning-fast trades (over 2,000 transactions per second) and low or zero gas fees for users with monthly trading volumes under $100,000. This scalability doesn’t compromise decentralization, as the order book and matching engine remain fully decentralized, a feat praised by users for blending CEX-like efficiency with DeFi principles.

Hardeyk · 1240· 1y ago15

“OG perp dex, made a lot of people decent monies during their early stage, currently have a yapping campaign on kaito”pretty much a decent dex, nothing negative about them from my experience so far

$Elcertified (❖,❖) · 1364· 1y ago15

‹ Back60 of 261 · most upvoted firstMore ›