dY/dX
201 Folsom St apt. 14d, San Francisco, CA, 94105, United States
Overview
dYdX is a leading decentralized exchange built by developers on a mission to build open, secure, and powerful financial products. dYdX runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange. Founded back in 2017 from ex-Coinbase and Uber engineer, Antonio Juliano, dYdX is a leading decentralized exchange offering Perpetual, Margin, & Spot trading, as well as borrow / lend pools on Ethereum. Users can earn interest or take loans for a nominal fee as well as trade on margin with custom leverage. Trade your crypto, the safe and secure way, with dYdX
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Blockchain
- Cryptocurrency
- Decentralized Finance (DeFi)
- Finance
- Financial Services
- Internet
Investment portfolio
- MyCointainer
Participated · Seed · Jan 2022
MyCointainer is a platform that enables customers to stake cryptocurrencies and tokens starting with as little as 1 EUR and earn daily rewards. The product supports more than 100 digital assets, including Polkadot, Cardano and Elrond, and allows staking via purchases, transfers and delegations from users' wallets. The company has generated over $3 million in rewards for its more than 110,000 users and employs over 42 people. MyCointainer holds a financial institution license in Estonia and cites key markets including the UK, the USA, France and Italy. It has partnerships with projects such as Elrond/Maiar, Avalanche Labs, Waves and Cosmos, and has notable asset activity like nearly 8,000 active Polygon participants. The company plans to use funding to develop its yield-earning platform, improve its B2B products, expand across Europe, Asia and the Middle East and grow its team.