The new Instant Market Listings feature empowers users to instantly list and trade new markets with liquidity.
In DeFi, the ability to create and trade new markets quickly is essential. dYdX’s Instant Market Listings feature enables users to trade with leverage on the markets they care about most.
This guide provides an overview of Instant Market Listings and a step-by-step process for listing a new market.
Introduction to Instant Market Listings
Instant Market Listings on dYdX revolutionize market creation by allowing users to list and trade new markets without lengthy approval processes. Unlike traditional exchanges and many decentralized platforms, dYdX’s permissionless model offers immediacy and liquidity.
In order to list a new market, a USDC deposit is needed. Your deposit ensures that new markets launch with sufficient liquidity for efficient trading. If a newly listed asset gains significant traction and requires more liquidity, the MegaVault can reallocate funds to support it.
With Instant Market Listings, perpetual markets are at your fingertips, backed by robust liquidity.
Overview of Launchable Markets
Not all markets are currently eligible for instant listing. The universe of "launchable" markets is managed on-chain by Skip, a third-party entity elected by the dYdX community as the Market Map Updater.
To ensure compatibility and stability within the dYdX ecosystem, listed markets must meet specific volume and liquidity thresholds. These criteria guarantee seamless integration and provide a stable trading environment from the outset.
Most assets from Base, Ethereum, Solana, and centralized exchanges (CEXs) are supported, covering many of your favorite markets. The dYdX market mapper is actively working to expand this list, aiming to allow virtually any asset to be listed, including perpetual prediction markets.
Step-by-Step Guide to Listing a New Market
Listing a new market on dYdX is now simple and instant:
1. Navigate to dYdX
By visiting the Markets page for example.
2. Select a Market
Type the name of the market into the search bar. If the market is supported it will appear showing a "launchable" label next to it.
3. Begin Market Launch
Click on the launchable market and then on the "Preview Launch" button in the bottom right.
4. Deposit USDC for Liquidity
Deposit 10,000 USDC into your connected wallet to provide the required liquidity, then click "Deposit and Launch." Your deposit will be locked for 30 days to ensure sufficient liquidity for active trading. After the lock-up period, you are free to withdraw your funds if you choose.
5. Automatic Liquidity Activation
Once the deposit is confirmed, the MegaVault supplements your deposit, providing liquidity to the new market. Trading can begin immediately.
6. Your Market is Live
Congratulations! Your market is now live on dYdX and supported by MegaVault’s liquidity.
7. Withdraw Your Deposit Anytime
After 30 days, you can withdraw your deposit at any time. You can keep it in the MegaVault to earn yield, or use it to list another market or for any other purpose that you choose
Start Using Instant Market Listings Today!
Thanks to this next generation feature, dYdX is where new perps go live first.
About the dYdX Foundation
Legitimacy and Disclaimer
Crypto-assets can be highly volatile and trading crypto-assets involves risk of loss, particularly when using leverage. Investment into crypto-assets may not be regulated and may not be adequate for retail investors. Do your own research and due diligence before engaging in any activity involving crypto-assets.
dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to U.S. persons as well as in other restricted jurisdictions. The dYdX Foundation does not operate or participate in the operation of any component of the dYdX Chain's infrastructure.
The dYdX 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.
The dYdX Chain software (including dYdX Unlimited) is open-source software to be used or implemented by any party in accordance with the applicable license. At no time should the dYdX Chain and/or its software or related components (including dYdX Unlimited) be deemed to be a product or service provided or made available in any way by the dYdX Foundation. Interactions with the dYdX Chain software (including dYdX Unlimited) or any implementation thereof are permissionless and disintermediated, subject to the terms of the applicable licenses and code. Users who interact with the dYdX Chain software, i ncluding dYdX Unlimited (or any implementations thereof) will not be interacting with the dYdX Foundation in any way whatsoever. The dYdX Foundation does not make any representations, warranties or covenants in connection with the dYdX Chain software (or any implementations and/or components thereof, including dYdX Unlimited), including (without limitation) with regard to their technical properties or performance, as well as their actual or potential usefulness or suitability for any particular purpose, and users agree to rely on the dYdX Chain software (or any implementations and/or components thereof, including dYdX Unlimited) “AS IS, WHERE IS”.
Nothing in this post should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act by anyone. Users should conduct their own research and due diligence before making any decisions. The dYdX Foundation may alter or update any information in this post in the future at its sole discretion and assumes no obligation to publicly disclose any such change. This post is solely based on the information available to the dYdX Foundation at the time it was published and should only be read and taken into consideration at the time it was published and on the basis of the circumstances that surrounded it. The dYdX Foundation makes no guarantees of future performance and is under no obligation to undertake any of the activities contemplated herein.
Depositing into the MegaVault carries risks. Do your own research and make sure to understand the risks before depositing funds. MegaVault returns are not guaranteed and may fluctuate over time depending on multiple factors. MegaVault returns may be negative and you may lose your entire investment.The dYdX Foundation does not operate or has control over the MegaVault and has not been involved in the development, deployment and operation of any component of the dYdX Unlimited software (including the MegaVault).
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