ZUG, Switzerland, Sept. 18, 2025 /PRNewswire/ — The dYdX Foundation today hosted its inaugural analyst call together with 21Shares, highlighting protocol performance, expanding institutional adoption, and a forward-looking roadmap.
The Foundation outlined several upcoming initiatives aimed at expanding adoption through 2026, including the launch of spot trading, the introduction of Telegram-based trading, the rollout of RWA perpetuals starting with synthetic equity exposures such as Tesla, simplified onboarding through social logins, and one-click buy-and-stake functionality.
The analyst call also emphasized the recent launch of the 21Shares DYDX ETP, the first listed product to provide regulated exposure to DYDX. As a 100% physically backed product, it requires custody of underlying tokens, reducing circulating supply while enabling institutional allocators to gain exposure through familiar, regulated structures. The ETP highlights the maturity of DeFi assets as investable products, following a trajectory similar to Bitcoin and Ethereum ETPs.
The call also went into dYdX’s distinctive design, which combines a validator-hosted orderbook with low-latency execution and decentralized resilience, rewards distributed entirely in USDC rather than inflationary emissions, and a systematic buyback program that reinforces token value. In addition, protocol improvements such as designated proposers and the order-entry gateway are expected to deliver a CEX-like trading experience, strengthening performance and ensuring long-term competitiveness.
Strategic initiatives highlighted include the $20 million dYdX Surge Incentive Program and an integration with Crypto.com’s on-chain wallet, extending the protocol’s potential reach to over one million users.Ā
The analyst call concluded with a clear outlook: dYdX is consolidating leadership in decentralized derivatives while building institutional bridges. With sustainable tokenomics, institutional-grade integrations, and a robust retail expansion roadmap, dYdX enters 2026 as one of the best-positioned protocols in global DeFi.
Charles d’Haussy, CEO of the dYdX Foundation, noted:
“Crossing $1.5 trillion in trading volume demonstrates how decentralized infrastructure is no longer experimental, but essential. As derivatives dominate global markets, dYdX is showing how this activity can migrate on-chain in a way that is transparent, capital-efficient, and institution-ready.”
Maximiliaan Michielsen, Investment Strategist at 21Shares commented:
“Decentralized derivatives are now at the very center of crypto activity, consistently exceeding $100 billion in weekly on-chain volumes. With the launch of the 21Shares DYDX ETP, we are bridging one of the fastest-growing segments of DeFi with traditional markets through a transparent, regulated, and investor-friendly structure.”
About dYdX Foundation
The dYdX Foundation is an independent not-for-profit foundation headquartered in Zug, Switzerland. The Foundation’s purpose is to support the current implementation and any future implementations of the dYdX protocol, and to foster community-driven growth in the dYdX ecosystem.
About the 21Shares dYdX ETP
The 21Shares dYdX ETP is 100% physically backed and tracks the performance of DYDX, giving investors regulated exposure to one of the leading decentralized exchanges offering perpetual futures.
Disclaimer: This press release contains forward-looking statements based on current expectations and assumptions. Actual results may differ materially due to risks and uncertainties. The Foundation undertakes no obligation to update any forward-looking statements.
Contact
Winfred K. Mandela
dYdX Foundation
[email protected]
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SOURCE dYdX Foundation