Innovation in the world of cryptocurrency is available in many different forms. Most recently, dYdX is looking to bring something entirely new to the table as they bridge the gap between traditional financial solutions and cryptocurrencies. Always an interesting approach, this concept has a few choice advantages.
dYdX positions itself as an open-source protocol developer for decentralized margin trading and derivatives. It allows users to short assets to benefit from price decreases, something that has been all too common throughout the cryptocurrency industry over the past few months. As such, their margin trading protocol is worth keep an eye on in the near future.