dYdX

San Francisco, United States Founded: 2017 • Age: 9 yrs
Decentralized platform for DeFi trading with deep liquidity and low fees.
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About dYdX

dYdX is a company based in San Francisco (United States) founded in 2017 by Antonio Juliano. It operates as a D2C, and B2C. dYdX has raised $87 million across 4 funding rounds from investors including StarkWare, Wintermute and Delphi Digital. dYdX offers products and services including Trading Platform, Mobile App, and MegaVault. dYdX operates in a competitive market with competitors including Uniswap, 1inch, Rarible, Bitfinex and ShapeShift, among others.

  • Headquarter San Francisco, United States
  • Founders Antonio Juliano
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Dydx Foundation
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $87 M (USD)

    in 4 rounds

  • Latest Funding Round
    $65 M (USD), Series C

    May 12, 2021

  • Investors
    StarkWare

    & 34 more

  • Employee Count
    Employee Count
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Products & Services of dYdX

dYdX offers a comprehensive portfolio of products and services, including Trading Platform, Mobile App, and MegaVault. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for decentralized perpetual trading with deep liquidity.

App for mobile-based DeFi trading with advanced tools.

Service for effortless USDC yield generation without lock-ups.

People of dYdX
Headcount 10-50
Employee Profiles 16
Employee Profiles
People
Adam Fraser
Senior Engineering Manager
People
Kathryn de Roma
People Operations | Senior Executive Assistant To Founder & President
People
Tomas Garchitorena
Business Development
People
Roselynn Chang
Chief of Staff to COO

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Funding Insights of dYdX

dYdX has successfully raised a total of $87M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $65 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series C — $65.0M
  • First Round

    (19 Dec 2017)

  • Investors Count 35
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2021 Amount Series C - dYdX Valuation Paradigm
Jan, 2021 Amount Series B - dYdX Valuation Three Arrows Capital , DeFiance Capital
Oct, 2018 Amount Series A - dYdX Valuation Polychain , a16z
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in dYdX

dYdX has secured backing from 35 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include StarkWare, Wintermute and Delphi Digital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments are directed toward crypto-assets and Web3 businesses.
Founded Year Domain Location
Early-stage blockchain technology companies are invested in by the firm.
Founded Year Domain Location
Digital asset investments are managed by HashKey Capital globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by dYdX

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - dYdX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dydx Comparisons

Employees
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Competitors of dYdX

dYdX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Uniswap, 1inch, Rarible, Bitfinex and ShapeShift, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Decentralized exchange platform for cryptocurrency trading is operated.
domain founded_year HQ Location
Decentralized financial solutions
domain founded_year HQ Location
Blockchain-based digital art is traded via an online marketplace.
domain founded_year HQ Location
Cryptocurrency trading is enabled via an online platform.
domain founded_year HQ Location
Cryptocurrency trading and management platform is operated online.
domain founded_year HQ Location
Blockchain-based market makers for cryptocurrencies are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dydx

Frequently Asked Questions about dYdX

When was dYdX founded?

dYdX was founded in 2017.

Where is dYdX located?

dYdX is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is dYdX a funded company?

dYdX is a funded company, having raised a total of $87M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Dec 19, 2017.

What does dYdX do?

dYdX operates as a decentralized finance platform that enables perpetual trading, offering deep liquidity, advanced tools, and low fees for users worldwide. It combines decentralization with features like instant market listings and a mobile app for seamless trading. The platform supports retail and professional traders through APIs and rewards programs, emphasizing security and transparency in DeFi operations. No specific location is mentioned in available details.

Who are the top competitors of dYdX?

dYdX's top competitors include Uniswap, 1inch and Bitfinex.

What products or services does dYdX offer?

dYdX offers Trading Platform, Mobile App, and MegaVault.

Who are dYdX's investors?

dYdX has 35 investors. Key investors include StarkWare, Wintermute, Delphi Digital, Polychain, and DRAGONFLY.

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