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dYdX introduces perpetual contracts for XRP and other tokens

Cryptocurrency traders have gained new opportunities for leveraged trading as the decentralized exchange (DEX) dYdX has rolled out perpetual contracts for Ripple's XRP, alongside markets for other tokens such as UNI, TRX, OP, and ADA. This expansion brings the total number of cryptocurrencies offered on the platform to thirteen, all paired against the U.S. dollar for advanced trading services. Traders looking to leverage their positions can now do so with up to 10x leverage on XRP trades through the platform's website. One of the key features of dYdX is that users maintain custody of their cryptocurrencies while trading.


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