What is dYdX token used for?

The DYDX token holds a pivotal role within the dYdX ecosystem, functioning as a governance token. This empowers holders to cast their votes on crucial protocol decisions and upgrades, ensuring a democratic approach to the platform's evolution.

Additionally, BTCC delves into the world of futures trading, providing advanced tools and features for those seeking to leverage their investments. This service caters to experienced traders looking to capitalize on market movements through sophisticated strategies.

The exchange's wallet service is another notable aspect, offering a secure and convenient storage solution for cryptocurrency assets. Users can trust BTCC to safeguard their holdings, enabling seamless transactions and peace of mind.

Beyond its governance capabilities, the DYDX token serves as a catalyst for promoting trading activities on dYdX. By incentivizing users, it encourages participation in transactions, fostering a vibrant and liquid marketplace.

Liquidity provision, another cornerstone of the platform, is also bolstered by the DYDX token. Users who contribute to maintaining robust liquidity levels are rewarded with the token, aligning their interests with the overall health of the exchange.