💡 What is $DYDX and why does it matter?
DYDX is the governance token for the dYdX decentralized derivatives exchange — a platform focused on perpetual futures trading.
In simple terms:
Spot exchanges = buy & hold
Derivatives platforms = leveraged trading
When traders become active and volatility increases, derivatives volume tends to surge. That’s why tokens linked to trading infrastructure can benefit during high-activity cycles.
It’s not about hype. It’s about participation.
If more people trade, platforms grow. If platforms grow, ecosystem tokens often gain attention.
Do you think decentralized derivatives will rival centralized exchanges long term? 👇
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