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![0xData_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1935726296623185920.png) 0xData [@0xData_](/creator/twitter/0xData_) on x XXX followers
Created: 2025-07-20 14:35:59 UTC

ZK AppChain Powerhouse - @dydxfoundation $DYDX

Narrative: ZK, AppChains, Layer 2, Crypto Trading Infrastructure
Total Raised: $85M
Backers: Paradigm, A16Z, Wintermute, Polychain capital, CMS holding, Delphi Ventures,...

Core Product: dYdX Chain: 

- A decentralized exchange (DEX) purpose-built for perpetuals, margin, and spot trading

- Uses a traditional order book and matching engine, but executes trades via smart contracts

- Combines CEX-like experience with DeFi-level trust and transparency

- Non-custodial, fully community-governed

- Supports leverage up to 25x for both retail and institutional traders

Why it stands out

- Recently migrated to its own custom-built AppChain no longer reliant on third-party L2s

- Aims to become the most efficient trading infrastructure for crypto-native assets

- More than a DEX it's a crypto organization redefining how financial dApps are built and governed

In a space where most L2s are chasing shared sequencers and rollup-as-a-service models, dYdX is going the other way building its own infra, its own architecture, and its own pace.

The ZK + AppChain narrative won’t just survive the cycle projects like $DYDX are here to prove that DeFi is not dead. It’s evolving.

#DYDX #ZK #DeFi #CryptoInfra #Narratives #Trading

![](https://pbs.twimg.com/media/GwTtkkRW4AAlk6R.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946942165403480072/c:line.svg)

**Related Topics**
[decentralized exchange](/topic/decentralized-exchange)
[dydx chain](/topic/dydx-chain)
[money](/topic/money)
[fintech](/topic/fintech)
[$22m](/topic/$22m)
[onchain](/topic/onchain)
[rwa](/topic/rwa)
[decentralized](/topic/decentralized)

[Post Link](https://x.com/0xData_/status/1946942165403480072)