dYdX Expands to US Market with Spot Trading, Perpetual Contracts Remain Limited

Decentralized crypto exchange dYdX is set to enter the American market by year-end, offering spot trading for popular digital assets like Solana. This marks the company’s first foray into the U.S., following years of operating globally from its San Francisco headquarters. The platform has processed over $1.5 trillion in trading volume and will slash fees up to 50% upon entering the American market, dropping rates to 50-65 basis points. However, perpetual contracts – dYdX’s core product line – will remain unavailable while regulatory clarity is awaited.