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![fictiondharme Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1684228143736061952.png) ✦ dharme(Ø,G).ink [@fictiondharme](/creator/twitter/fictiondharme) on x XXX followers
Created: 2025-07-20 01:55:38 UTC

3️⃣ So where does dYdX come in?

It didn’t just support perps.
It optimized them:
– Fully non-custodial perpetual trading
– On-chain orderbook (vs AMMs)
– Centralized exchange experience, decentralized backend
– Native leverage with transparent liquidation mechanics


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946750818042237097/c:line.svg)

**Related Topics**
[chapter 11](/topic/chapter-11)
[decentralized](/topic/decentralized)
[onchain](/topic/onchain)

[Post Link](https://x.com/fictiondharme/status/1946750818042237097)