Decentralized exchange dYdX is preparing to enter the U.S. market by the end of 2025, according to comments made by company president Eddy Zhang in an interview with Reuters.
Zhang said the exchange intends to launch spot cryptocurrency trading for U.S. users, with the new service built on the Solana blockchain. This move will represent the project’s first step toward establishing a local presence in the United States.
“Having a footprint in the U.S. is extremely important for us as a platform. It’s a direction we want to move in,” Zhang noted.
Following the U.S. rollout, dYdX plans to cut its trading fees in half — to approximately 50–65 basis points. Futures trading will remain unavailable for the time being, though the team hopes regulatory changes could eventually allow its introduction.
Earlier in March 2025, dYdX CEO Antonio Juliano presented an updated project roadmap. At the time, he highlighted plans to speed up deposit and withdrawal transactions and redesign the platform’s user interface.
The DYDX token is currently trading near $0.30, having lost nearly all of its value compared to its all-time high.
