When creating your own perpetual exchange like dYdX using a ready-made dYdX clone script, you think carefully about how your tokens work and what motivates people to use them.
These are very important because they control how your exchange works financially, how users act, and how long it will last.
dYdX has a specific way of using its tokens, giving them to people who add money for trading, traders, and those who help run the exchange. But when you use a dYdX clone script to make your own platform, you can create your own token system.
Yes! This is where it gets interesting:
With your own version of dYdX, you can make your token system fit your needs better. You can change how tokens are given out depending on who you want to attract, how much you are growing, or how much trading happens.
For example, a new exchange might give more tokens to traders to get them to start using it. A more popular exchange might focus on letting people vote on changes and hold tokens to earn more.
New idea? New exchanges are limiting the number of tokens they create and linking rewards to how well the exchange is working, and how well it handles when people can't pay back their loans, or how well it keeps leverage at a certain level. These kinds of changes are hard to do on dYdX itself, but you can build them from the start with a dYdX clone script. Giving extra incentives and rewards for holding LP tokens can create loyal users. It's not about just doing what dYdX did, but changing the reasons why users do things.
Basically, a custom clone gives you the power to control what people do and make something valuable. When creating a dYdX-like platform, consider partnering with DEX script providers. They implement the right tokenomics and profitable incentive models to run a successful platform in the long run.