[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![ThePhantomTom Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1487824941097664515.png) The Phantom Tom [@ThePhantomTom](/creator/twitter/ThePhantomTom) on x 4872 followers
Created: 2025-07-13 17:29:41 UTC

CEXs give you numbers.

dYdX gives you verifiable truth.

→ Every trade, liquidation, and funding rate is on chain

→ Anyone can audit dYdX’s activity in real time

→ No hidden fees, no internal order flow, no gatekeeping

Transparency isn’t a buzzword.
On dYdX, it’s a default.

![](https://pbs.twimg.com/media/GvwSNd7WIAANyzW.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944449165590724767/c:line.svg)

**Related Topics**
[chapter 11](/topic/chapter-11)
[exchanges cexs](/topic/exchanges-cexs)
[phantom](/topic/phantom)

[Post Link](https://x.com/ThePhantomTom/status/1944449165590724767)