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Perpetual futures trading—once limited to desktop platforms and centralized exchanges—is now going mobile. THORWallet, a self-custodial DeFi wallet, has partnered with dYdX, one of the leading decentralized derivatives platforms, to make onchain perpetual trading accessible to users directly from their smartphones.
Decentralized Derivatives Without the Friction
For most retail traders, crypto derivatives remain a complex and fragmented experience. Centralized exchanges dominate the space with convenience but often at the cost of custody and transparency. Decentralized alternatives, on the other hand, typically require users to navigate multiple blockchains, bridges, and trading interfaces.
THORWallet’s latest integration with dYdX simplifies this process by offering onchain perpetual futures within a single mobile application. Users can deposit assets from any supported blockchain directly into their perpetual account without relying on external bridges or secondary tools.
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Crosschain, Onchain, and Mobile-First
The partnership leverages dYdX’s custom layer-1 blockchain, which runs a fully decentralized trading engine secured by 48 validators. This ensures that no single entity controls trade execution. Combined with dYdX’s deep liquidity, leverage options, and low fees, THORWallet’s mobile-first design turns it into a full-featured DeFi hub—supporting swaps, yield generation, crosschain liquidity, and now, derivatives trading.
To celebrate the launch, both platforms have introduced exclusive trading competitions with a $165,000 USDC prize pool, rewarding the most active perpetual traders. From September 1, 2025, THORWallet users can also earn 50% trading fee rebates in DYDX tokens and share in dYdX’s $3 million monthly reward pool—directly within the app.
Expanding DeFi Accessibility
With over $8.3 billion in recent trading volume, dYdX remains a leading decentralized derivatives protocol, while THORWallet’s $1.1 billion processed volume cements its position among top crosschain DeFi platforms. By integrating perpetual futures, THORWallet reinforces its mission to remove friction and unite DeFi’s best features under one secure, self-custodial roof.
The wallet’s upcoming TITN utility token will further reward its community by recycling up to 70% of trading fees back to users. Together, THORWallet and dYdX are ushering decentralized derivatives into the mobile era—offering traders freedom, transparency, and advanced tools without sacrificing control.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
