DYdX planning US market entry by 2026: Report
Summary
Decentralized exchange dYdX is reportedly preparing to enter the US market by the end of 2025, according to its president, Eddie Zhang. This expansion will include offering spot trading for cryptocurrencies like Solana (SOL), moving beyond its current focus on perpetual futures trading. Zhang cited the increasingly favorable regulatory environment under US President Donald Trump as a key reason for the move, expressing hope for regulatory guidance on perpetual contracts. Separately, dYdX recently initiated a governance vote to compensate users with $462,000 from the insurance fund following an eight-hour operational pause during an early October market crash.
(Source:Cointelegraph)