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dYdXa decentralized trading platform, is planned will begin offering services to users in the United States by the end of 2025.
According to a report by Reutersthe exchange aims to includes spot cryptocurrency trading as part of its US rollout.
Eddie Zhang, the company’s president, emphasized the importance of building a presence in the United States. He said that being available to US users aligns with the direction dYdX hopes to take.
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While the platform is known for allowing people to trade crypto derivatives called perpetual futures, the US launch will be focus on crypto base tradeslike buying and selling cryptocurrencies like Solana
SOL
$188.03
, without the use of leverage.
Perpetual futures are a type of financial contract that allows people to bet on the price of a cryptocurrency without owning it. dYdX has become well known for offering these contracts, but US regulations currently do not allow them on decentralized platforms for local users.
Zhang noted that recent changes in the The US regulatory environment under President Donald Trump has played a role in the decision to enter the market.
He said that the company is hoping that the United States agencies will soon offer clearer rules on how platforms like dYdX can legally provide perpetual futures.
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