Overview
- dYdX plans a U.S. launch before year-end focused on spot markets, starting with Solana and other tokens, according to its president.
- U.S. trading fees will be cut by roughly half to about 50–65 basis points to compete with centralized exchanges.
- Perpetual contracts will not be offered to U.S. users at launch as the platform awaits clearer guidance for decentralized derivatives.
- Regulatory agencies recently signaled they may consider allowing crypto perpetuals on regulated U.S. platforms, which dYdX views as a path for future offerings.
- dYdX is addressing an October eight-hour outage with a proposed $462,000 user reimbursement from its insurance fund that is pending a governance vote.