Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
DYDX has entered a complete reset stage in the market after the joint liquidation event of the exchange on October 11. The current significant downward trend actually reflects the market's deleveraging process—this stage is not suitable for retail investors to rush in and open leveraged positions.
In simple terms, the market makers are currently holding back data, racing against time to target aggressive traders. What you think is an opportunity is actually a series of traps. Moreover, this round of bottoming will take at least another two to three months of volatility; either the market will break through your capital or the daily fees will drain you.
Rather than stubbornly sticking to DYDX spot trading, it might be better to shift focus to new coins. At least they have popularity and expectations supporting them, and you can take a chance on early investments. Don't use your principal to add to the pressure of this adjustment.