Crypto.com Integrates dYdX for 50x Leveraged On-Chain Derivatives Trading

Crypto.com has integrated with dYdX to set up the dYdX trading infrastructure within its onchain application. This partnership enables users to have direct access to derivatives trading with up to 50x leverage via the self-custodial mobile app interface. The feature introduces a high-performance on-chain trading option to a wider audience and preserves decentralized user environments.

The partnership enables Crypto.com to integrate the dYdX infrastructure without changing its user interface to maintain the same mobile experience. This will aid perpetual contracts, a sizable portion of crypto trading volume and fill the need for increasingly capable on-chain trading offerings without the need to exit the Crypto.com ecosystem.

Institutional-Grade Infrastructure Supports Scaling

The partnership will utilize the experience of dYdX which has executed over 1.49 trillion in trading volume. The framework uses a high-performance infrastructure covering mobile, desktop and API-based applications, and therefore can be well adapted in platforms seeking to fulfill more elaborate trading requirements.

With dYdX’s backend technology, Crypto.com can benefit from a strong and scalable infrastructure. This allows the trading platform to support advanced trading features without sacrificing centralization. The integration is flexible in that other platforms can use similar configurations via APIs or homemade interfaces.

Focus on Decentralization and User Control

The consolidation is geared towards establishing a common goal of facilitating self-custody and decentralized finance. The Onchain App by Crypto.com offers a non-custodial model and integrates the technology provided by dYdX, expanding the framework by offering high-leverage derivative trading.

The presented model serves as an example of how decentralized applications can offer complex financial tools and simultaneously not interfere with the agency of users. With the growing demand to scale up by more platforms without using centralized exchanges, infrastructure companies such as dYdX provide viable ways to support this need securely and at scale.