dYdX joins just a limited number of DeFi projects to launch on the iOS store, and is offering gas-free derivatives trading to its users.
There are numerous crypto, digital wallet and NFT firms that have rolled out mobile apps, but it appears that the DeFi sector is yet to fully capitalize on this area.
While regulatory compliance could be an issue for DeFi platforms in this instance, it could also be Apple’s stringent policies that are stopping projects from launching in the store. As a result, Coinbase, among other firms, were only allowed to provide such services via external links to websites, resulting in an app that had limited functionality compared to the website.Both dYdX’s app and website are not available for U.S. citizens and this may also be due to regulatory compliance issues — or fear thereof — surrounding DeFi derivatives products.
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