Is dYdX a scam?
Asked about dYdX (DYDX), market cap rank #237.
Short answer
dYdX (DYDX) is rated CC on isthiscoinascam.com. This is a low score, indicating elevated scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- No recent code commits
Positive signals
- Shortlisted for Institutional DeFi Solution of the Year.
- Strong backing from reputable venture capital firms.
Security audits
1 audit on record.
- Trail of Bits (2019-07-15) — pass
Team transparency
The dYdX team is doxxed — public identities are known.
See the full report
Live price, contract security details, holder distribution, audit list, founder background and community ratings.
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