Key Stats

Total Value Locked24H
in USD$12.3M-0.6%
in ETH3.5K ETH-0.7%
in BTC214 BTC-1.9%
ETH Locked2.9K ETH0 ETH
% Supply Locked< 0.01%
BlockchainEthereum
Most Locked$ETH
Protocol Token-

Total Value Locked (USD) in DDEX

  • TVL (USD)
  • ETH
  • BTC
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 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, ETH/USDC, WBTC/USDT, and HBTC/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.

Leveraging Your AMM LP Tokens with Impermax

Being a liquidity provider in DeFi has typically been associated with opportunity costs and risks, particularly the always dreaded risk of impermanent loss. As a liquidity provider, it is important to familiarize yourself with the concept of impermanent loss and determining when the risk to reward ratio is right. But the truth is you have …

2021-04-29Read more >

Reflexer – Crypto-Native Stability Built for DeFi

The average person would describe cryptocurrency as highly volatile. And while this is true for many, there are coins designed to reduce volatility or stability commonly referred to as stablecoins. Stablecoins, particularly those pegged to the US Dollar, have dramatically risen in popularity thanks to the utility they provide to users and smart contracts alike. …

2021-02-21Read more >

Alpha Homora V2 – Yield Farm With Up To 9x Leverage

Alpha Homora was a DeFi product born out of practicality. Those familiar with DeFi can tell you that users will go to extraordinary lengths when they spot an opportunity. This proved to be especially true as the yield farming craze reached a fever pitch in 2020 when users would combine various lending protocols to leverage …

2021-01-31Read more >

DeFiner – Lending and Savings Powered by DeFi

In traditional finance, leaner banking models without physical locations allowed online banks to cut costs and pass the benefits onto the customer. Banking services built on decentralized networks like Ethereum can offer even more advantages by further reducing operational costs such as securing assets which would traditionally be held in custody. Non-custodial protocols like DeFiner …

2021-01-05Read more >