According to dYdX co-founder, Eli Ben-Sasson, last weekend during the volatility period the decentralized exchange processed 45 transactions per second. This data would have required approximately 150M gas on L1, while STARK, super-scaling introduced by StarkWare on dYdX, allows 98% of data compression.
Ethereum’s current gas limit is 30M units. While a regular transaction takes about 28,000 gas, contract transactions require 100,000 units.
dYdX is an L2 DEX that allows perpetual, margin, and spot trading, as well as lending and borrowing. One can use dYdX without registration or transferring assets to a central custody.