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#dYdXprotocol is the largest (perpetual futures) derivative DEX in the crypto ecosystem that allows users to trade without KYC, non-custodial, with leverage.
Currently, dYdX is fully operational on the dYdX Chain (Cosmos SDK), no longer on Ethereum L2.
$DYDX (-Biarish) #DYDX 📰 Potential Catalyst
Increased volume on the dYdX Chain
New ecosystem updates / incentives
Bullish market (altseason)
User migration from CEX to DEX