GMX and dYdX go head-to-head for the top decentralized derivatives position By Cointelegraph

The top two decentralized derivatives platforms, dYdX and GMX, are head-to-head around liquidity and trading volumes.

The perpetual swap daily trading volume on dYdX ranged between $340 million and $2.6 billion in March, per CoinGecko data. In comparison, GMX did less than $500 million in daily trading volumes.