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October 31, 2025cryptonews logocryptonews

dYdX President Confirms US Market Entry With Expanded Trading

Decentralized crypto exchange dYdX will enter the US market by year-end, offering spot trading on Solana and related cryptocurrencies, marking a strategic expansion for the derivatives-focused platform, which was previously unavailable to American ￰2￱ Eddie Zhang confirmed the move in an interview with Reuters, adding that dYdX plans to slash trading fees by up to half across the board upon US ￰3￱ expansion follows President Donald Trump’s embrace of crypto this year, which triggered dismissals of lawsuits against major crypto platforms and prompted financial regulators to develop specialized digital asset ￰4￱ emphasized the importance of US availability for the platform’s strategic direction going ￰5￱ TO LAUNCH CRYPTO SPOT TRADING IN THE US BY 2026 ￰6￱ — 0xMarioNawfal (@RoundtableSpace) October 31, 2025 Lower Fees, Higher Regulatory Barriers DYdX will reduce its trading fees to between 50 and 65 basis points upon entering the US ￰7￱ San Francisco-based platform, which has recently surpassed $1.5 trillion in total trading volume since its inception, specializes in perpetual ￰8￱ derivatives allow traders to speculate on asset prices without ownership or expiration ￰9￱ perpetual contracts won’t be available to US users initially, dYdX hopes regulators will eventually provide guidance for decentralized platforms to offer these ￰10￱ Securities and Exchange Commission and the Commodity Futures Trading Commission indicated last month that they would consider allowing crypto perpetual contracts across regulated ￰11￱ explained that, unlike centralized exchanges such as Coinbase and Kraken that act as intermediaries, decentralized platforms like dYdX eliminate middlemen by allowing users to transact directly on blockchain ￰12￱ Growth Through Acquisition and Infrastructure The US expansion follows dYdX’s July acquisition of Pocket Protector , a Telegram-native trading app that attracted 50,000 users and reached $1 billion in annualized volume in under a ￰13￱ joined as President through the deal, while co-founder Kaiser Kinbote became Head of ￰14￱ Antonio Juliano credited Zhang’s experience leading early Messenger development at Meta and launching consumer products as key factors in the ￰15￱ platforms like dYdX adapt to social-first tools, competition could shift toward interface design and mobile accessibility. #dydx #defi ￰0￱ — ￰16￱ (@cryptonews) July 18, 2025 “ He has strong product instincts, a track record of execution, and a rare ability to zoom between strategy and details, ” Juliano wrote in a statement announcing the ￰17￱ Protector’s core features, including Telegram-based perpetual and spot trading, are being integrated into dYdX’s leading platform.

A four-person engineering team from Pocket Protector joined dYdX’s product and engineering divisions to support the integration and broader expansion ￰18￱ Enhancements and Tokenomics Evolution Beyond the acquisition, dYdX has implemented major infrastructure improvements throughout ￰19￱ platform resolved critical stability issues during market volatility by assigning dedicated engineers to eliminate downtime and throughput constraints affecting its Indexer ￰20￱ and withdrawal times were reduced from 18 minutes to under one minute through the Skip ￰21￱ mobile interfaces rolled out to retail investors, while the web platform added new order types, including reduce-only limit orders, scale orders, and TWAP orders alongside funding rate payment history. @dYdX updates roadmap for faster trading, enhanced UX, & expanded asset offerings. #dYdX #DeFi ￰1￱ — ￰22￱ (@cryptonews) March 12, 2025 These upgrades supported $270 billion in trading volume and $46 million in net protocol fees across 150 markets during 2024 ￰23￱ platform’s cumulative trading volume has surpassed $1.46 trillion since 2021, demonstrating sustained growth despite market ￰24￱ March, dYdX also launched its DYDX Buyback Program , allocating 25% of net protocol fees to systematically purchase and stake DYDX tokens from the open ￰25￱ community-governed initiative aims to strengthen network security and align platform growth with token value as 85% of DYDX tokens have now been ￰26￱ emissions are set to drop 50% in June 2025, with all unlocks completing by June ￰27￱ dYdX Community Treasury holds approximately 190 million DYDX tokens, representing 19% of the total supply, which are reserved for future initiatives to ensure long-term ecosystem sustainability.

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