Timeline of Events

A timeline outlining key moments, and milestones for this wiki

Date Founded

2017-08-01

dYdX was founded by Antonio Juliano, a California-based entrepreneur, in August 2017.

$2 Million Seed Round

2017-12-01

In December 2017, dYdX raised $2 million in its seed round phase

$10M Series A

2018-10-01

in October 2018, it raised $10M in its Series A round

Perpetual Contracts

2020-05-01

In May 2020, dYdX launched Bitcoin (BTC) Perpetual Contracts Market

$65M Series C

2021-06-01

In June 2021, it raised $65 million in a Series C round led by Paradigm

DYDX Token Launch

2021-08-01

In August 2021, the exchange launched DYDX, the governance token for the dYdX protocol

Hedgies NFT

2022-01-01

The Hedgies NFT launched in January 26, 2022

$1 Trillion Total Trading Volume

2023-07-01

On July 14, 2023, dYdX passed $1 trillion in total trading volume on its L2 platform.