dYdX launches Solana spot trading with zero fees for US users

dYdX Labs has introduced its first spot trading product, beginning with Solana asset trading, and has made it accessible to U.S. users for the first time. To incentivize adoption, dYdX is waiving all trading fees for this new service throughout December. This launch signifies a strategic expansion for the platform, known primarily for perpetual contracts, as it aims to become a full-service decentralized trading platform while upholding DeFi principles like self-custody. Eddie Zhang, President of dYdX Labs, stated that this move delivers necessary professional tools while expanding regulated access. Although perpetual contracts remain unavailable to US users, dYdX will monitor regulatory changes regarding their future availability.

(Source：Crypto Briefing)