diff --git a/MEV_and_trading/protocols/dydx.md b/MEV_and_trading/protocols/dydx.md
index 4c74a1a..04b2a1e 100644
--- a/MEV_and_trading/protocols/dydx.md
+++ b/MEV_and_trading/protocols/dydx.md
@@ -7,6 +7,12 @@
+
+* founded in 2017, dydx is the most popular dex for trading perps and utilizes a central limit orderbook model (rather amm).
+* it on starkware's L2 (migrated from ethereum in 2021) and soon moving to their own standalone cosmos chain (dydx v4).
+
+---
+
### resources