Crypto.com, one of the main players in the cryptocurrency sector, has announced a strategic collaboration with dYdX, a leading platform in decentralized derivatives trading.
This partnership marks a significant step in the evolution of the Crypto.com Onchain Wallet, the non-custodial solution that allows users to access sophisticated trading tools directly from their mobile device.
The integration of dYdX within the Crypto.com app offers users the possibility to trade on perpetual derivatives with leverage up to 50X, opening the doors to a professional trading experience, yet accessible to the retail public.
dYdX: a giant in decentralized derivatives trading and the union with Crypto.com
Founded with the goal of making derivatives trading simple and accessible, dYdX has quickly established itself as one of the most reliable and innovative platforms in the landscape of decentralized exchanges.
With over 1.49 trillion dollars in volume processed to date, dYdX positions itself among the leading global players in the perpetuals market, offering a robust and proven trading infrastructure.
Antonio Juliano, founder of dYdX, emphasized how this integration represents a fundamental step for the spread of perpetuals to an even wider audience:
“The goal has always been to make trading of perpetuals simple and accessible. Seeing dYdX now integrated with Crypto.com helps precisely in this direction. This partnership brings dYdX perpetuals to a global audience of traders.”
The collaboration between Crypto.com and dYdX comes at a time when the digital derivatives market is experiencing exponential growth.
Today, over 70% of the trading volume of digital assets comes from the bull and bear markets of perpetuals and futures, financial instruments increasingly in demand by both retail and institutional investors.
Thanks to this integration, users of the Crypto.com Onchain Wallet will be able to access the most popular derivative products in the sector, leveraging the strength and reputation of dYdX, the longest-standing and most reliable derivatives platform in the field.
Esther Wong, SVP, Cards and Onchain Product Lead at Crypto.com, commented:
“We are excited to combine Crypto.com’s Onchain platform, recognized for its reliability, with dYdX’s cutting-edge trading technology. Our users can now access advanced trading tools that, until recently, were exclusively reserved for institutional operators, all within an intuitive and secure interface.”
New opportunities for retail and institutional traders
The integration between Crypto.com and dYdX not only expands the range of products available on the platform, but also responds to a growing demand for sophisticated trading tools.
The interest of retail investors in digital derivatives is increasing significantly, fueled also by institutional adoption that is helping to legitimize and consolidate the sector.
This synergy allows Crypto.com to strengthen its position as a hub of innovation and security in the trading of digital assets, offering its users an unprecedented range of professional tools directly from their non-custodial wallet.
The implementation of dYdX functionalities within the Crypto.com Onchain Wallet is already available for all eligible users.
This means that anyone using the app can immediately access advanced trading tools, leveraging up to 50X and operating in the most liquid and dynamic derivatives markets in the sector.
The user interface has been designed to ensure a smooth and secure experience, breaking down the barriers that traditionally separated retail trading from institutional trading.
Now, even less experienced traders can approach the world of derivatives with the peace of mind of using a reliable and globally recognized platform.
Conclusions: a new standard for onchain trading
The partnership between Crypto.com and dYdX represents a turning point for the entire cryptocurrency ecosystem.
The integration of perpetual derivatives within a non-custodial wallet like that of Crypto.com offers users an unprecedented level of accessibility and security, democratizing access to advanced financial instruments.
With this move, Crypto.com consolidates its role as a pioneer in technological innovation applied to the trading of digital assets, while dYdX further expands its global presence, bringing its trading infrastructure to millions of new users.
The new offer is already available and promises to redefine the standards of onchain trading, offering everyone – from the beginner to the professional – the opportunity to operate in a simple, secure, and highly performant way.