Is dYdX (DYDX) halal or haram?
Not screened yet
We have not run our Shariah screening on dYdX yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
dYdX is DeFi’s pro trading platform and a pioneer in decentralized finance, known for being the first to offer decentralized margin trading and derivatives, as well as inventing flash loans and DEX aggregators in 2018
The basics
- Where it lives
- native coin of its own chain (also represented on cosmos, osmosis)
- Circulating supply
- 846,094,216 DYDX
- Maximum supply
- 1,000,000,000 DYDX
- Category
- Decentralized Exchange (DEX), Smart Contract Platform, Exchange-based Tokens
Who controls the coins
Native coin of its own chain: there is no token contract to carry a freeze, pause or mint function.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 17 September 2026. Every address above was fetched once to confirm it loads.