DYdX is a decentralized exchange for trading of crypto assets. DYdX was founded by Antonio Juliano who is an ex-Coinbase, ex-Uber engineer with a Princeton CS background. DYdX team has previous experience at Google, Bloomberg, Amazon, NerdWallet, Lyft, Facebook and other companies. dYdX offers up to 10x leverage and runs on smart contracts on the Ethereum blockchain.
It's a part of dYdX Foundation - an independent not-for-profit foundation headquartered in Zug, Switzerland. By fostering decentralized governance and empowering traders with powerful, transparent and open cryptofinancial products, the dydX Foundation will help push the dYdX Layer 2 protocol forwards towards community-led growth, development and self-sustainability.
DYdX has raised a total of 87 million USD in funding over 4 rounds from a16z, Polychain, Finlink Capital, Paradigm, Kronos Research and other venture founds.