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dYdX - About the company

dYdX is a series C company based in New York City (United States), founded in 2017 by Antonio Juliano. It operates as a Developer of a decentralised platform for perpetual contract trading. dYdX has raised $87M in funding from investors like Andreessen Horowitz, Three Arrows Capital and Polychain. The company has 81 active competitors, including 35 funded and 1 that has exited. Its top competitors include companies like Synthetix, Blofin and Drift.

Company Details

Developer of a decentralised platform for perpetual contract trading. It facilitates trading with advanced order types and instant market listings. The platform combines decentralisation with deep liquidity and a high-performance API. It empowers users to trade with confidence.
Social
X
Email ID
*****@intl.dydx.exchange
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Series C
Total Funding
$87M in 4 rounds
Latest Funding Round
Ranked
Employee Count
13 as on May 31, 2026
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dYdX's funding and investors

dYdX has raised a total funding of $87M over 4 rounds. Its first funding round was on Dec 19, 2017. Its latest funding round was a Series C round on May 12, 2021 for $*****. 17 investors participated in its latest round. dYdX has 42 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of dYdX:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 12, 2021
1511881
Series C
4649565
9096491
1232292
2289842
Jan 26, 2021
8847478
Series B
7278658
3432217
2308298
Oct 19, 2018
8630597
Series A
1244987
7932723
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dYdX's founders and board of directors

Founder? Claim Profile
The founders of dYdX is Antonio Juliano.
Here are the details of dYdX's key team members:

dYdX's employee count trend

dYdX has 13 employees as of May 26. Here is dYdX's employee count trend over the years:
Employee count trend for dYdX
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dYdX's Competitors and alternates

Top competitors of dYdX include Synthetix, Blofin and Drift. Here is the list of Top 10 competitors of dYdX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Synthetix
Synthetix
2017, Sydney (Australia), Series C
Operator of a platform for perpetual futures trading on Ethereum
$240M
66/100
2nd
Logo for Blofin
Blofin
2019, George Town (Cayman Islands), Series B
Cryptocurrency futures trading platform
$50M
63/100
3rd
Logo for Drift
Drift
2021, United States, Series B
Future & options focused trading solutions for cryptocurrency
$28.8M
56/100
4th
Logo for dYdX
dYdX
2017, New York City (United States), Series C
Developer of a decentralised platform for perpetual contract trading
$87M
56/100
5th
Logo for Ostium
Ostium
2022, Chicago (United States), Series A
Platform providing on-chain perpetual swaps for stocks, indices, commodities, and FX
$28M
54/100
6th
Logo for EdgeX
EdgeX
2023, Singapore (Singapore), Seed
Developer of decentralized exchange platform providing perpetual and spot trading
-
51/100
7th
Logo for Aark Digital
Aark Digital
2023, New York (United States), Seed
Decentralized derivatives exchange platform
$6M
50/100
8th
Logo for MYX Finance
MYX Finance
2023, Singapore (Singapore), Seed
Online platform for perpetual trading
$5M
49/100
9th
Logo for LogX
LogX
2021, George Town (Cayman Islands), Seed
Provider of a decentralized derivatives trading platform and DeFi superapp for on-chain perpetuals trading
$10.1M
48/100
10th
Logo for Flipster
Flipster
2021, Panama (Panama), Unfunded
Provider of a cryptocurrency derivatives trading exchange
-
-
46/100
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dYdX's Investments and acquisitions

dYdX has made no investments or acquisitions yet.

Reports related to dYdX

Here is the latest report on dYdX's sector:

News related to dYdX

Media has covered dYdX for a total of 8 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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FAQs about dYdX

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