Timeline of Events

A timeline outlining key moments, and milestones for this wiki

Date Founded

1st August 2017

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

$2 Million Seed Round

1st December 2017

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

$10M Series A

1st October 2018

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

Perpetual Contracts

1st May 2020

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

$65M Series C

1st June 2021

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

DYDX Token Launch

1st August 2021

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

Hedgies NFT

1st January 2022

The Hedgies NFT launched in January 26, 2022

$1 Trillion Total Trading Volume

1st July 2023

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

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