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"dYdX Unveils 'Trade Anything' Vision: $270B in 2024, Unlimited Markets Await"

Coin WorldTuesday, Jan 28, 2025 10:03 am ET

1min read

The Trade Anything Vision: Unlocking Instant Liquidity and Infinite Markets on dYdX in 2025

The dYdX Foundation, dedicated to supporting and growing the dYdX protocol ecosystem, has released its 2024 dYdX Ecosystem Report and highlighted the 2025 roadmap for dYdX Trading, centered around the ecosystem's "Trade Anything" vision. The report showcases a remarkable year of growth for dYdX, with $270 billion in trading volume, pushing the total cumulative volume to $1.46 trillion since 2021. The Unlimited upgrade, launched in November 2024, introduced MegaVault, a liquidity tool that surpassed $79 million in USDC TVL to support the over 175 markets available on dYdX.

The traction behind decentralized trading, particularly within perpetual markets, continues to project favorably in 2025 and beyond. Up 132% to $1.5 trillion in 2024, the total perp DEX volumes skyrocketed, with dYdX's 2024 trading volume alone amounting to over one-third of the entire industry's volume in 2023. This momentum is reflected in the dYdX community, with the number of DYDX holders increasing by 290% to 53,000 in 2024.

To remain at the cutting edge of the market, dYdX is committed to its "Trade Anything" vision, empowering users to trade thousands of markets with instant liquidity through the growth and evolution of MegaVault. The launch of dYdX Unlimited in November 2024 introduced innovative features like Instant Market Listings and MegaVault, unlocking hundreds of new markets. Over 150 have already been launched permissionlessly by the dYdX community, including the pioneering Trump prediction market perpetual ahead of the U.S. election, as well as perps on FX markets like the Turkish Lira and the Euro. In just six weeks, MegaVault reached a TVL of over $70 million with an APR exceeding 40%, showcasing a strong product-market fit.

Looking ahead, the community can anticipate instant deposits, an enhanced

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