DYDX
( $0.61 )dYdX is a decentralized trading platform that offers Perpetual Contracts with low fees, deep liquidity, and up to 20× more buying power. Users can start trading with as little as $10. The platform is powered by StarkWare's Layer 2 solution, providing increased security and privacy through zero-knowledge rollups. dYdX is now available on iOS, with Android support coming soon. The platform has recently launched Layer 2, offering lightning-quick trades, low fees, no gas costs, and fast withdrawals. It also features cross-margining, allowing leverage across positions in multiple markets from a single account. Trusted by over 25,000 traders, dYdX aims to provide open and powerful financial tools to everyone.
dYdX CEO Outlines Bold Vision for Decentralized Trading
Ivo Crnkovic-Rubsamen, CEO of dYdX, shares the future vision for the decentralized exchange.
Binance Adds dYdX (DYDX) on Simple Earn Locked Products
Binance adds dYdX (DYDX) on Simple Earn Locked Products.
OKX Launches dYdX (DYDX) on On-chain Earn Platform
OKX announces the launch of dYdX subscriptions on its On-chain Earn platform, enabling users to experience on-chain rewards.
Binance Successfully Integrates dYdX (DYDX) Mainnet
Binance, the leading cryptocurrency exchange, has announced the completion of the integration of dYdX (DYDX) mainnet. Deposits are now open, with withdrawals becoming available once there are sufficient deposits on the network. Binance users can now participate in trading and other activities related to the DYDX token.
dYdX Community Votes to Stake $61M in DYDX Tokens for Enhanced Security
The dYdX community overwhelmingly approved a proposal to stake 20 million DYDX tokens with Stride to boost the protocol's security as DEX activities rise.
SUSHI and YFI Price Manipulation on dYdX v3 Revealed
The recent dYdX v3 incident, involving significant price movements of SUSHI and YFI tokens, has raised crypto community concerns. The attacker deposited $5.3 million, took leveraged positions, and caused liquidation events.
dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI
dYdX deployed $9 million from v3 insurance fund to cover YFI market liquidations, suspecting targeted attack and market manipulation. No user funds affected, insurance fund remains at $13.5 million.
dYdX Initiates Token Migration Following Layer-1 Blockchain Inception
Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX's transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes.
dYdX Transitions to Public Benefit Corporation
dYdX Trading Inc. has updated its charter to become a Public Benefit Corporation on 17 October 2023, as announced by its founder, Antonio. This move aims at aligning the company more closely with the web3 community, promoting global economic and technological advancement through open-source and decentralized crypto asset exchanges. This transition, a first of its kind in the DeFi sector, enables dYdX to balance shareholder value with public benefit.
DWF Ventures Explores Innovations in Perpetual DEXs Landscape
DWF Ventures delves into perpetual DEXs, emphasizing the blend of decentralization and innovation. The discourse spans from perpetuals' inception in 2016 to notable DEX protocols like dYdX and HyperliquidX advancing the ecosystem. The narrative underscores the continuous innovation and the anticipation for future advancements in the perpetual DEX landscape.