dYdX President Confirms US Market Entry With Expanded Trading - DeFi Giant Makes Major Move

DeFi's perpetual trading powerhouse just opened its gates to the world's largest market.

The American Invasion Begins

dYdX President confirms what crypto insiders have been whispering for months - the decentralized exchange is officially entering US markets with dramatically expanded trading capabilities. No more geographical gymnastics for American traders seeking sophisticated derivatives exposure.

Trading Arsenal Unleashed

The platform's signature perpetual contracts and leveraged positions now available to US users. Traditional finance's regulatory moat just got a whole lot shallower as DeFi protocols bypass legacy gatekeepers. Wall Street's compliance departments are probably having collective migraines right about now.

Market Impact Immediate

Liquidity flows shift as institutional and retail capital gains direct access to decentralized derivatives. The timing couldn't be more perfect - just when traditional finance thought they had crypto contained within their regulated boxes.

Another brick falls from the walled garden of traditional finance. The revolution isn't just coming - it's already setting up shop next door.

Lower Fees, Higher Regulatory Barriers

DYdX will reduce its trading fees to between 50 and 65 basis points upon entering the US market.

The San Francisco-based platform, which has recently surpassed $1.5 trillion in total trading volume since its inception, specializes in perpetual contracts. These derivatives allow traders to speculate on asset prices without ownership or expiration dates.

While perpetual contracts won’t be available to US users initially, dYdX hopes regulators will eventually provide guidance for decentralized platforms to offer these products.

The Securities and Exchange Commission and the Commodity Futures Trading Commission indicated last month that they WOULD consider allowing crypto perpetual contracts across regulated U.S. platforms.

Zhang 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 networks.

Strategic 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 year.

Zhang joined as President through the deal, while co-founder Kaiser Kinbote became Head of Growth.

Founder Antonio Juliano credited Zhang’s experience leading early Messenger development at Meta and launching consumer products as key factors in the acquisition.

As platforms like dYdX adapt to social-first tools, competition could shift toward interface design and mobile accessibility.#dydx #defihttps://t.co/8FDwk2Wf4L

“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 deal.

Pocket 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 efforts.

Platform Enhancements and Tokenomics Evolution

Beyond the acquisition, dYdX has implemented major infrastructure improvements throughout 2025.

The platform resolved critical stability issues during market volatility by assigning dedicated engineers to eliminate downtime and throughput constraints affecting its Indexer system.

Deposit and withdrawal times were reduced from 18 minutes to under one minute through the Skip integration.

Enhanced 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 #DeFihttps://t.co/XutecDRNS9

These upgrades supported $270 billion in trading volume and $46 million in net protocol fees across 150 markets during 2024 alone.

The platform’s cumulative trading volume has surpassed $1.46 trillion since 2021, demonstrating sustained growth despite market fluctuations.

In March, dYdX also launched its DYDX Buyback Program, allocating 25% of net protocol fees to systematically purchase and stake DYDX tokens from the open market.

The community-governed initiative aims to strengthen network security and align platform growth with token value as 85% of DYDX tokens have now been unlocked.

Token emissions are set to drop 50% in June 2025, with all unlocks completing by June 2026. The 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.