August 13, 2024

dYdX Unlimited: Coming This Fall

dYdX
dYdX Unlimited: Coming This Fall

The biggest upgrade to dYdX Chain software since launch… meet dYdX Unlimited.

At dYdX we are reimagining what DeFi + leverage can be. Decentralization gives the power to you. Leverage empowers you to make big bets. Unlimited is the next step in our mission - giving you the power to make your big bets.

Trade anything with Instant Market Listings

No derivatives exchange allows instant token listing, until now. With Unlimited, you can instantly list any market with immediate liquidity.

Anyone can launch a new leveraged market. Trade cryptocurrency, prediction markets, and more with up to 20x leverage on dYdX.

Trade what you want, not what we say you can. The way it should be.

Liquidity brought to you by… MegaVault

Liquidity is essential. There’s no trading without it. It is challenging to build liquidity, especially for long tail derivatives markets. MegaVault solves this by serving as a global liquidity pool, automatically market making across all markets on dYdX.

MegaVault not only gives you the power to provide liquidity, it introduces a potential passive income strategy. Depositors will not only share in MegaVault's P&L, but may also receive a share of protocol revenue*.

Market making is hard, especially for derivatives, and previously only available to the pros. Now, it’s as easy as clicking a button.

Learn more about the nitty-gritty of MegaVault here.

Instant Market Listings + MegaVault = ✨

Together, MegaVault and Instant Market Listings let you trade anything, instantly, with liquidity.

Instantly launching a market requires depositing USDC into MegaVault. MegaVault automatically quotes that market, ensuring instant liquidity right at launch.

Supercharged by affiliates

Finally, an affiliate program for dYdX.

Unlock your exclusive affiliate link, then invite your community to use dYdX. You'll earn a share of their trading fees while they benefit from discounted rates—a win-win for everyone!

With the potential to earn up to $1,500 per month per referral, the rewards are substantial. For larger KOLs, if you think you'll exceed this amount, reach out to the dYdX Foundation to join the VIP program which will offer exclusive bonuses and perks.

About dYdX and Terms

Here at dYdX, our mission is to democratize access to financial opportunity. We believe that v4 software will represent notable progress in service of that mission. The events in the global economy that have transpired over the last year have only reinforced the need for open, transparent, and permissionless financial products. We’re excited for v4 software to better meet those needs.

If building the future of a decentralized exchange and open finance is something you’re interested in, check out what it’s like to work at dYdX and our open roles!

To ask additional questions, join the discussion on Discord, participate in the dYdX community, or follow us on Twitter. We’re excited to continue building the dYdX Chain and will continue to release updates over the coming months.

Terms and Conditions: This post is subject to the dYdX Terms of Use.  The dYdX interface and products are not available to persons or entities who reside in, are located in, are incorporated in, or have registered offices in the United States or Canada ("Blocked Persons"), or other Restricted Persons (as defined in the dYdX Terms of Use). dYdX products and services are not intended for, and should not be used by, Blocked Persons or Restricted Persons. Terms of Use specific to v4 software can be found here.

dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to U.S. persons as well as in other restricted jurisdictions. The dYdX Foundation does not operate or participate in the operation of any component of the dYdX Chain's infrastructure.

Nothing in this website should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act in any way by anyone. You should perform your own research and due diligence before engaging in any activity involving crypto-assets due to high volatility and risks of loss.

Depositing into the MegaVault carries risks. Do your own research and make sure to understand the risks before depositing funds. MegaVault returns are not guaranteed and may fluctuate over time depending on multiple factors. MegaVault returns may be negative and you may lose your entire investment.

The dYdX Foundation does not operate or has control over the MegaVault and has not been involved in the development, deployment and operation of  any component of the dYdX Unlimited software (including the MegaVault).

Crypto-assets can be highly volatile and trading crypto-assets involves risk of loss, particularly when using leverage. Investment into crypto-assets may not be regulated and may not be adequate for retail investors. Do your own research and due diligence before engaging in any activity involving crypto-assets.