dYdX

Exchange record

Decentralized derivatives exchange protocol whose first perpetual market launched on Ethereum on 2020-04-20. The protocol later moved from the StarkEx-based v3 deployment to the independent Cosmos-SDK-based dYdX Chain, whose mainnet launched on 2023-10-26 and reached full-production trading in November 2023.

DEXActive

Also known as: dYdX Exchange, dYdX Protocol, dYdX v3, dYdX v4, dYdX Chain

Registry sequence

← DX25

DyorSwap →

Key facts

Launch date

2020-04-20

Death date

—

Years

2020–—

Origin

Ethereum / Cosmos ecosystem

Confidence

high

Last verified

2026-06-14

URL handling

Preferred action

Use current URL handling based on status below.

URL status

Live verified

Original URL

https://dydx.trade/

Archived URL

View archived site

Summary

Timeline

dYdX launched its first decentralized perpetual market

2020-04-20launchedmedium

dYdX launched a BTC-USDC perpetual contract market on Ethereum on 2020-04-20, marking the protocol's first production decentralized perpetual exchange product and the operational start used by HEI for the exchange entity.

dYdX Chain mainnet launched and protocol migration began

2023-10-26token_migrationhigh

The community-launched dYdX Chain mainnet went live on 2023-10-26 using the Cosmos SDK and CometBFT. Markets initially operated in post-only mode, and governance enabled full-production trading in November 2023 as the ecosystem migrated away from the Ethereum/StarkEx v3 deployment.

Evidence

dYdX Launches BTC Perpetual Contract Market

dYdX2020-04-20official_bloghigh reliabilitylaunch_datearchive

dYdX - 2020 Review

dYdX—official_bloghigh reliabilityeventarchive

New Trading Pairs Considerations

dYdX Foundation—official_statementhigh reliabilityeventarchive

Expanded Utility of DYDX on the dYdX Chain

dYdX Foundation—official_statementhigh reliabilityeventarchive

dYdX Chain Documentation

dYdX—official_statementhigh reliabilitystatusarchive

Related records

DEX

DEX

DEX

DEX

Notes and record state

Record note

Entity-level umbrella record. HEI uses the first decentralized perpetual-market launch as the operational exchange start marker. v3 and dYdX Chain are modeled as lifecycle deployments of the same protocol identity rather than separate entities.

Revision state

Records may be incomplete, approximate, contested, or revised as better evidence becomes available.

This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections

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