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dYdX plans to enter the US market by the end of the year and significantly reduce trading fees
Summary: According to Reuters, dYdX CEO Eddie Zhang stated in an interview that dYdX is preparing to enter the US market by the end of the year, opening up the decentralized exchange (DEX) to US users who were previously unable to use it. Zhang mentioned that the platform plans to expand its trading products, launching spot ...
According to Reuters, dYdX CEO Eddie Zhang stated in an interview that dYdX is preparing to enter the US market by the end of the year, opening up the decentralized exchange (DEX) to US users who were previously unable to use it. Zhang mentioned that the platform plans to expand its trading products, launching spot trading for Solana and other related cryptocurrencies in the US by the end of the year. After entering the US market, dYdX plans to cut trading fees by as much as half, reducing them to between 50 and 65 basis points. Perpetual contracts will not be introduced in the US, but dYdX hopes that US regulatory agencies will eventually provide guidance for decentralized platforms to offer these products.
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Link: dYdX plans to enter the US market by the end of the year and significantly reduce trading fees [Copy]
