Frequently Asked Questions
Below are some of the most common questions and answers.
DYDX is used for governance, fee discounts, and staking on the dYdX decentralized exchange platform.
RUNE enables cross-chain liquidity and decentralized trading, allowing users to swap assets across different blockchains without intermediaries.
Yes, DYDX can be staked to earn rewards and participate in the governance of the dYdX platform.
RUNE powers the THORChain network, which uses a decentralized liquidity pool model to enable trustless swaps between assets on different blockchains.
No, Instaswap does not require KYC (Know Your Customer) for any swap amount or pair. However, we employ an advanced KYT system powered by a trusted third-party partner. This system automatically checks wallet addresses involved in transactions, ensuring they haven’t previously been flagged for illicit activities, keeping your swaps safe, secure, and private.
Yes, Instaswap is fully decentralized (DEX), meaning all transactions occur directly on the blockchain without centralized intermediaries. We do NOT offer centralized exchange (CEX) swaps, and your funds always remain fully under your control through our non-custodial platform.
