Get the DYDX Token and Safely Secure it on Numio

Download Numio today for free and get DYDX tokens.

Layer 2 Ethereum Wallet
Arrow Down
dYdX Logo

Sometimes, spot trading just isn’t enough. Although retail traders are often encouraged to just buy and hold cryptocurrencies, more sophisticated traders know that the real action – and the real money – is found in leveraged trading through perpetuals and margin trading.

Crypto, being so new, has allowed spot traders to make extreme gains, but as the market continues to mature over the years, and institutions move in, expect those committed to being day traders to continue to choose options contracts over traditional spot trading.

The Importance of Leverage Trading in Healthy Markets

In traditional markets, futures, options, and derivatives, make up the bulk of the activity that affects price-action. $60 billion dollars a day already flows through the largest leverage trading provider, Binance, a number that is expected only to increase.

Leverage trading in crypto though is almost entirely facilitated by centralized exchanges. To trade futures, the majority of users use services like Binance, Hotbit or FTX. Of course, to many crypto-purists (and anyone who understands the core goals of cryptocurrency as a whole), this is far from an ideal situation, as to participate in leverage trading requires surrendering custody of your funds. dYdX is an L2 protocol built on Ethereum that allows leverage trading to occur on-chain and in a decentralized, non-custodial fashion.

The DYDX token and its Utility

With over 65,000 unique traders and $11 billion in volume on its perpetual contracts, dYdX is the largest on-chain perpetuals trading solution. Although its feature-set is currently fairly anaemic, compared to a traditional provider, the fact that users can bet against one another directly through smart contracts, rather than an intermediary, is a price worth paying. dYdX has relentlessly added new markets since it was founded in 2017, although the DYDX token itself was only launched in 2021.

The DYDX token is a governance token for the community. It has a three-fold use. Holders can gain mining rewards, participate in staking pools, and receive trading discounts on the fees paid to use its services. The mining rewards are distributed among dYdX users and holders to actively participate in trading, with the reward determined by their level of involvement in the protocol. There are also trading rewards, which encourage users to trade on the platform, and liquidity provider rewards to those who make markets on the protocol. In the future, DYDX token holders will be able to stake their token and earn rewards from the revenue that the protocol generates.

Keep Your Options Open

A key component of any mature financial system is a healthy options, futures and derivatives market. What is changing is that these financial systems are now moving on-chain, led by the likes of dYdX.

dYdX’s smart contracts offer an on-chain perpetuals trading service that seeks to, over time, out muscle the centralized providers in the space and keep crypto’s decentralized, non-custodial goal in focus, creating complex trading systems open to all, from retail user to institutions.

Download Numio to get dYdX

How can I get DYDX?

Getting DYDX is easy on Numio. You can use your credit or debit card to purchase ETH or USDC, which can then be exchanged for DYDX*, you can swap or trade it for other ERC-20 tokens (up to 100x cheaper than other wallets), and you can send or receive it as a payment. Whatever way you choose you can be sure that you are always in full control of your DYDX.

*direct DYDX purchases coming soon.

Share on Facebook
Share on Twitter
Share on LinkedIn

dYdX Listed On



View dYdX listed on



View dYdX listed on

24hr dYdX Chart

Latest From dYdX

Signup to our Newsletter

Signup and stay up to date with our products and upcoming releases.

Other Crypto on Numio

Over 300 Layer 1 and 100+ Layer 2 tokens available on Numio




Celsius Network CEL Logo

Celsius Network


Curve DAO CRV Logo



PowerPool CVP Logo



XYO Logo



Download Numio

Numio is fast, cheap, and secure. Download for free and start saving money today.

Ethereum wallet NFTs and more

Get the Latest News

Sign up to our newsletter and stay up to date with our products and upcoming promotions.

Backed By

Copyright © 2023 Numio. All Rights Reserved.