What types of assets can be traded on dYdX?
dYdX is a decentralized finance (DeFi) platform that enables users to trade a variety of digital assets.
The platform supports trading of cryptocurrencies, stablecoins, and tokenized assets such as stocks, commodities, and indices. Cryptocurrencies: dYdX supports trading of Bitcoin (BTC), Ethereum (ETH), USDC, DAI, and other ERC-20 tokens. Stablecoins: dYdX supports trading of USD Coin (USDC), Dai (DAI), TrueUSD (TUSD), Paxos Standard Token (PAX), Gemini Dollar (GUSD) and other ERC-20 stablecoins.
Tokenized Assets: dYdX also supports trading of tokenized assets such as stocks, commodities, and indices. These include tokenized versions of Apple Inc., Amazon Inc.
, Microsoft Corporation, S&P 500 Index, Gold Futures Contract and more.
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