dYdX Plans US Foray, Hopes Regulatory Thaw Will Eventually Include Perpetuals
The decentralized exchange dYdX is preparing to enter the US market by the end of 2025, navigating a regulatory landscape that currently bars its main product. While the platform will launch with spot crypto trading and reduced fees, its signature perpetual futures will be unavailable.
dYdX President Eddie Zhang remains optimistic, telling Reuters he hopes to see regulatory guidance on perpetuals in the future. This hope is bolstered by recent comments from the SEC and CFTC, which are considering permitting “novel and innovative” products like perpetual contracts.
This evolving regulatory environment, driven by the Trump administration’s push for US leadership in crypto, is creating new opportunities for global exchanges like dYdX to establish a foothold in the world’s largest economy.
