DDEX

www.ddex.io

Key Stats

Total Value Locked24H
in USD$1.5M-17.1%
in ETH10.2K ETH-17.9%
in BTC205 BTC-16.9%
ETH Locked4.9K ETH+115 ETH
% Supply Locked< 0.01%
BlockchainEthereum
Most Locked$ETH
Protocol Token-

Total Value Locked (USD) in DDEX

  • TVL (USD)
  • ETH
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
  • 7 Day
defipulse chart

What is DDEX?

DDEX is a decentralized margin trading and lending platform powered by the Hydro Protocol. DDEX currently supports up margin trading with up to 5x leverage for the following pairs: ETH/DAI, ETH/USDT, and WBTC/USDT. Also, a Pro Mode is available where margin traders can place market, limit, and stop limit orders as well as adjust existing positions. The interest rates on DDEX for both borrowers and lenders are set algorithmically based on supply and demand. Most of the interest generated is given to lenders who supply assets to its lending pools. However, a percentage of the interest is sent to an insurance pool to help avoid any potential losses to the lending pools. Required collateral rates for borrowers varies depending on the amount of leverage used. Loans are liquidated if their collateral rate falls below 110%. DDEX was initially built using 0x and later relaunched its spot trading exchange on Hydro Protocol on January 1, 2019. The latest version of DDEX, which included margin trading and lending for the first time, launched on the mainnet in October 2019.

How to use DDEX

To get started, visit DDEX’s native interface, connect the wallet of your choosing, and then sign an authentication message to sign into DDEX. Once signed in, you’ll be able to spot trade, margin trade, and lend and borrow assets.

Ecosystem Links

DDEX Launch PostFrequently Asked QuestionsDDEX TelegramDDEX Discord