Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
21Shares Launches dYdX ETP on Euronext for DeFi Access

21Shares Launches dYdX ETP on Euronext for DeFi Access

CryptotaleCryptotale2025/09/11 09:15
By:Yusuf Islam
21Shares Launches dYdX ETP on Euronext for DeFi Access image 0
  • The new dYdX ETP from 21Shares brings exposure to decentralized derivatives in Europe.
  • dYdX has processed $1.5T in trades, with 15K weekly users and strong platform growth.
  • Investors gain access to a fully backed product with $11B in assets under 21Shares.

European investors will soon gain direct exposure to decentralized derivatives as 21Shares launches the dYdX ETP on Euronext Paris and Amsterdam. The product, trading under the ticker DYDX, is physically backed and charges a 2.5% management fee. 

Expanding Access to dYdX Through Regulated Channels

The new 21Shares dYdX ETP follows the performance of the DYDX token and provides investors with a regulated portfolio of one of the busiest decentralized derivatives platforms. dYdX is credited with pioneering perpetual futures contracts, financial products that enable investors to have speculative exposure to the price of cryptocurrency that have no ownership or expiry dates.

The platform supports around 15,000 weekly active traders and recorded $7.7 billion in trading volume in July. Since its inception, the protocol has handled more than $1.5 trillion in cumulative trades. Mandy Chiu, Head of Financial Product Development at 21Shares, noted, “Leveraging its early-mover advantage, the dYdX platform has impressively facilitated over $1.5 trillion in cumulative trading volume, representing more than 20% of the $7.2 trillion transacted across decentralized perpetuals to date.”

dYdX operates its own Layer-1 blockchain, the dYdX Chain, and continues to expand services. The project has distributed over $50 million in USDC to its community, using recurring cash flows rather than token inflation or indirect buybacks. This model is designed to deliver transparent and sustainable value.

Growing Role of DeFi Products in Europe

The release of the dYdX ETP coincides with growing European interest in decentralized finance. The product allows investors to gain regulated exposure to the DYDX token through traditional brokerage accounts and Euronext listings.

The 21Shares family of funds has grown into 48 physically backed Europe-based ETPs. They cumulatively amount to $11 billion in assets, which makes 21Shares one of the largest issuers of crypto ETPs globally. 

Related:

Regulation and Investor Confidence

The dYdX Foundation has released a whitepaper aligned with the EU’s MiCA regulation. This step clarifies token features and strengthens compliance within European markets. For investors, it reduces concerns around regulatory uncertainty.

The move by 21Shares to launch DYDX at this time can be analyzed as the continued strategy of the company to offer innovative products in secure structures. The company was also one of the early to issue and trade crypto ETPs across Europe, and its move to decentralized derivatives demonstrates a progression of the classic spot products.

This raises a pivotal question: could regulated exposure to DYDX tokens help bring decentralized finance into mainstream European investment portfolios?

By combining a physically backed structure with an Europe-based listing, the DYDX ETP creates a balance between innovation and oversight. Investors seeking growth in decentralized finance may find regulated exposure through DYDX an accessible and practical option.

The post appeared first on

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!