dYdX is a decentralised exchange that runs on smart contracts on the Ethereum blockchain and allows users to trade with no intermediaries.
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DISCLAIMER: Cryptoulette's opinion and content should not be treated as suggested financial advice. Please never follow this content as specific strategy and seek advice from a qualified financial advisor. Cryptoulette is sharing experience using different DeFi apps which include technical risks (i.e. smart contract bugs), financial risks (i.e. liquidity crises) and admin/governance risk which may result in loss of some or all initial capital. The use of stablecoins also entails risk.