This November, dYdX Unlimited is bringing a groundbreaking feature to DeFi: Instant Market Listings. Imagine listing and trading a perpetual futures market for any asset on dYdX instantly, backed by immediate liquidity.
This launch marks a new era for dYdX, redefining what’s possible with decentralized trading, giving you, the user, the freedom to trade what matters to you.
It’s time for you to trade what you really want, not just what others make available.
What are Instant Market Listings?
You Can List and Trade Any Perp Market Instantly With Liquidity
Instant Market Listings enable you to list and trade perpetual futures on virtually any asset on dYdX instantly without waiting for governance approvals or third-party permissions.
Whether you're interested in established cryptocurrencies or emerging assets, this feature makes launching new perpetual markets effortless.
Imagine introducing a new token and having a tradeable perps market available within minutes. Instant Market Listings make this possible, giving you unparalleled speed and autonomy in your trading.
You’re no longer limited to what’s listed on exchanges; you can now finally trade what you want by listing your favorite markets and start trading right away!
How Do Instant Market Listings Work on dYdX?
To list a new market, you have to deposit $10,000 in USDC into dYdX's MegaVault for a 30-day period. This deposit ensures that the new market has immediate liquidity. After that 30-day period, you can withdraw the $10,000 USDC at anytime instantly.
The MegaVault then allocates your USDC deposit to support liquidity in the new market, providing the necessary orderbook depth to facilitate seamless trading.
This new product feature eliminates the traditional costs and delays associated with market creation, allowing users to respond swiftly to market trends.
Anyone can list any asset as long as it’s supported by dYdX's Market Mapper. Currently, The Market Map supports most assets available in Solana, Ethereum, Base and CEXs.
If a newly listed asset is attractive to many and needs more liquidity, the MegaVault Operator will be able to reallocate the funds in the MegaVault and provide more liquidity to that trending market to meet user needs.
It’s not just about you providing initial liquidity to a newly listed market; it’s about dYdX ensuring that if your market gains traction, the MegaVault will step in to support it with additional liquidity.
How Can You Benefit from Instant Market Listings?
By leveraging Instant Market Listings, you hold the power to trade any market instantly with reliable liquidity.
This means no more waiting periods, crazy listing fees or administrative barriers—just pure, efficient trading tailored to your needs.
Depositing USDC to bootstrap liquidity not only supports the dYdX trading ecosystem but also allows you to participate in a streamlined market creation process.
Even if you don’t plan to create new markets on dYdX, you can still benefit from other dYdX users listing new markets, as it will provide more liquidity to dYdX and open hundreds of new markets you can trade on.
Whether you're a trader or an investor, Instant Market Listings provide you with the flexibility and control you need to thrive in perpetuals trading.
Are you ready to take control of your trading experience?
Instant Market Listings is just one of the 4 core features coming with the launch of dYdX Unlimited. If you want to learn more about what’s coming, you can read this article.
Follow dYdX on Twitter and join our Discord to stay informed on the latest news and updates.
The new Unlimited Era launches this November—don’t miss out!
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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