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![dydxfoundation Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1413217545545568261.png) dYdX Foundation 🦔 [@dydxfoundation](/creator/twitter/dydxfoundation) on x 39.8K followers
Created: 2025-07-21 14:00:32 UTC

For some background context, the DYDX token began as an Ethereum-based governance token for dYdX v3.

Following a 2023 governance vote, the protocol migrated to a sovereign Layer X - the dYdX Chain - built using the Cosmos SDK and secured by a decentralised validator set.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947295633007579370/c:line.svg)

**Related Topics**
[cosmos](/topic/cosmos)
[coins layer 1](/topic/coins-layer-1)
[protocol](/topic/protocol)
[token](/topic/token)

[Post Link](https://x.com/dydxfoundation/status/1947295633007579370)