dYdX

Traders need a way to trade derivatives and spot crypto without relying on centralized exchanges that require trust and custody of funds.

dYdX provides a decentralized exchange on Ethereum using audited smart contracts for perpetual, margin, spot trading, and borrow/lend pools with centralized-exchange-like speed and usability.

Crypto traders and DeFi users who want non-custodial trading and lending/borrowing.