dYdX.xyz – Cloudflare customer – (United States)
Developers use .xyz domains to launch decentralized finance (DeFi) platforms and cryptocurrency solutions. Non-custodial Cardano wallet VESPR.xyz supports self custody and onchain interactions. Stablecoin platform Ubyx.xyz aims to standardize redemption and expand adoption across traditional finance. Liquidity hub Blackhole.xyz introduces tools for teams and community members to contribute to project growth. In this week’s #BlockchainThursday, we’ll introduce you to a decentralized trading platform designed for non-custodial derivatives and spot markets: dYdX.xyz.
dYdX.xyz is the online home of dYdX, a decentralized trading platform focused on crypto derivatives, which are financial contracts that track the price of digital assets rather than the assets themselves. According to the website, the platform supports perpetual contracts, a type of derivative that does not have an expiration date, through a non-custodial interface that helps users retain control of their assets while interacting with onchain markets. dYdX.xyz serves as the primary access point for traders engaging with the protocol’s markets and related trading features. In a December 2025 product update, the platform introduced native Solana spot trading, which helps users buy and sell assets directly at current market prices, adding spot markets alongside its existing perpetual products.
dYdX operates within a broader ecosystem of developers, validators, and governance participants contributing to protocol development and coordination. As shared on dYdX.xyz, the protocol is designed to support decentralized trading activity across blockchain networks. In this structure, dYdX.xyz functions as the user-facing trading interface, while development and governance responsibilities are distributed across multiple ecosystem entities rather than centralized within a single operating company.
Development and governance within the dYdX ecosystem are handled through a distributed model. According to the 2025 dYdX Annual Ecosystem Report, software development related to trading functionality and integrations is supported by dYdX Labs, which contributes to product updates and technical tooling used by the protocol. Governance coordination, funding initiatives, and ecosystem programs are managed separately by the dYdX Foundation, an independent not-for-profit organization headquartered in Zug, Switzerland. This separation reflects a structure where product development and ecosystem oversight operate independently, with community participation playing a central role in protocol direction.
dYdX uses the .xyz domain, which is widely adopted across blockchain and fintech projects. .XYZ offers flexibility without predefined meaning, which can suit organizations and protocols operating across multiple networks and technical environments. In this case, dYdX.xyz provides a concise and direct address for users accessing the trading interface, while remaining consistent with broader naming patterns across decentralized infrastructure projects. You can learn more by following the platform on X/Twitter.
XYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
