Decentralized exchange dYdX plans to reenter the U.S. market by the end of 2025, marking a major strategic shift for the platform. The company aims to introduce spot crypto trading to its American users — a move that expands beyond its current focus on derivatives.
This decision comes as dYdX seeks to align with U.S. regulatory standards and attract a broader retail and institutional audience.
Analysts say the comeback could intensify competition among decentralized exchanges in the U.S. and pose a fresh challenge to established players like Coinbase and Kraken.
dYdX to Reenter the U.S. Market by Late 2025 with Spot Trading Launch