dYdX just made it possible to go from dollars in your bank account to leveraged perpetual futures in about three taps. The decentralized exchange integrated MoonPay’s fiat on-ramp into its mobile app, letting users deposit funds through credit and debit cards, Apple Pay, and Google Pay.

The MoonPay integration is live on both iOS and Android versions of the dYdX mobile app. Users can now convert fiat currency directly into USDC, which serves as the collateral currency for trading on the platform. The payment rails include standard card payments alongside Apple Pay and Google Pay.

MoonPay operates in more than 160 countries, which gives this integration a broad geographic reach from day one.

This isn’t dYdX’s first attempt at solving the fiat on-ramp problem. The platform previously partnered with Banxa, which began facilitating USDC purchases using various payment methods starting January 24, 2025. The MoonPay integration represents an expansion of that strategy rather than a replacement, giving users more options for getting money onto the platform.

The timing here aligns with a broader trend across decentralized exchanges. MoonPay launched a similar integration with Hyperliquid, another perpetual futures DEX, reflecting the payment processor’s deliberate push into the decentralized trading vertical.

dYdX has cited its mobile fiat deposit feature as a core improvement in its 2025 annual report.

The risk side is worth noting. MoonPay handles KYC and compliance on their end, but the ease of accessing leveraged trading products through familiar payment methods could draw regulatory attention, particularly in jurisdictions already scrutinizing crypto derivatives.