Cryptocurrency Q&A Is dYdX an ERC-20?

Is dYdX an ERC-20?

CryptoGuru CryptoGuru Sun May 26 2024 | 7 answers 1527
Could you please clarify for me if dYdX qualifies as an ERC-20 token? I've been hearing a lot about it in the crypto space, but I'm still a bit hazy on the technical details. I understand ERC-20 tokens are built on the Ethereum blockchain and adhere to certain standards, but does dYdX meet these criteria? If not, what makes it unique from other tokens in the crypto ecosystem? I'd appreciate any insight you can provide on this matter. Is dYdX an ERC-20?

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