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OP, YGG Feeling Sell-Side Pressure as Unlocks Loom
23.4.2024
DYDX also has a large unlock scheduled but is not experiencing the same pricing pressure
dYdX Investigates Block Production Halt During Scheduled Upgrade
8.4.2024
dYdX has confirmed an outage on its mainnet, and ecosystem engineers are currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC, with no fix expected for several hours, according to an incident report.
The post dYdX Investigates Block Production Halt During Scheduled Upgrade...
dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know
8.4.2024
The dYdX community has voted to stake 20 million dYdX tokens, worth around $60 million at the time of publication, using Stride's staking service for Cosmos blockchains.
The post dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know appeared...
Dydx Foundation Receives $30M From Community Treasury to Propel Strategic Initiatives
11.2.2024
This week, the Dydx Foundation revealed it has secured a $30 million allocation from the Dydx Chain Community Treasury. This financial infusion is designated to extend the foundation’s operational capacity by an additional three years, facilitating the execution of the project’s strategic...
dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal
30.1.2024
The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on Jan. 25 detailing its fundraising proposal. This proposal, if approved, will grant the Foundation $30 million in DYDX tokens...
dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
30.1.2024
The Foundation wants to preserve an 18 month runway through at least mid-2026
dYdX Overtakes Uniswap as Daily Trading Volumes Hit $757 Million
18.1.2024
Decentralized finance (DeFi) platform dYdX market has moved past Uniswap as the largest decentralized cryptocurrency exchange (DEX) by trading volumes. Recent data from crypto analytics firm Cointelegraph shows an increase in the trading volume of dYdX v4 over Uniswap’s v3 in the last 24 hours....
dYdX Tops Uniswap as Largest DEX by Volume
17.1.2024
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period
dYdX Reveals Post-Mortem Findings: Identifies Attacker and Considers Legal Measures
4.1.2024
Image Source: Unsplash Decentralized exchange dYdX has released a post-mortem report detailing the “targeted attack” it experienced on its v3 platform in November. The attack resulted in a $9 million loss from its insurance fund, which represented approximately 40% of its total...
Antonio Juliano: Uprooting a Successful Exchange to Explore the Cosmos
4.12.2023
Juliano's dYdX switched from Ethereum to Cosmos in one of the year's biggest blockchain defections. The project has big plans for 2024
Altcoin Rally Cools as Massive $650M Worth of Token Unlocks Loom Over Crypto Market
27.11.2023
Several major alternative cryptocurrencies including DYDX, Optimism (OP) and SUI dropped sharply as massive token unlocks weighed on prices
dYdX to unlock tokens worth $500 million in December
27.11.2023
In the coming weeks, multiple crypto projects will unlock a substantial amount of tokens. According to Token Unlocks data, in December, the front runner will be the decentralized exchange, dYdX, which will be responsible for unlocking 150 million tokens, equivalent to 30% of its tokens distributed...
Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
23.11.2023
Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000
Best Crypto to Buy Now November 22 – dYdX, THORChain, Fetch.ai
22.11.2023
DYDX, RUNE, FET, BTCETF, and BTCMTX rank among the best cryptos to buy now according to recent price action and fundamental developments. Image by cryptonews.com. Red-hot gains from dYdX, THORChain, and Fetch.ai show seasoned cryptocurrencies still have room to run. But newcomers Bitcoin ETF Token...
dYdX faces targeted attack, founder Antonio Juliano reveals
20.11.2023
dYdX has recently revealed an intentional incursion on their YFI token market and an intervention into market dynamics. Antonio Juliano, the founder of dYdX, revealed the case and identified the hack’s vulnerability. The dYdX’s team used the $9 million from the dYdX v3 insurance fund...
dYdX DEX and YFI Token Hit by $9 Million Targeted Attack – Here’s What Happened
19.11.2023
Image Source: Unsplash Decentralized exchange dYdX has used its insurance fund to cover losses amounting to $9 million resulting from a “targeted attack” against the exchange. In a Saturday post on X (formerly Twitter), the dYdX team said that the v3 insurance fund was deployed...
Is It Too Late to Buy dYdX? ETHDYDX Price Gains 65% as Viral Meme Coin Attracts Global Investors – How to Buy?
15.11.2023
Growing DEX dYdX has undertaken an explosive +65% move amid surging $1.7bn trading volumes, but as DYDX price explodes is it too late to buy dYdX? The top ranked DEX by trading volume dYdX has seen explosive growth driven by its perpetual contracts offerings in recent weeks. With 24-hour volumes...
DYDX Pumps Ahead of Massive $500M Token Unlock
15.11.2023
DYDX, the native token of the newly released eponymous chain and decentralized exchange, has risen by more than 20% in the past 24 hours, just 16 days before more than $500 million worth of the tokens will be released to early investors and core team members
Circle to Enable Cross-Chain USDC Transfers With Cosmos's Noble Later This Month
14.11.2023
Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism
Dydx Chain Unveils Network Fee Distribution and USDC Trading Fee Allocation
27.10.2023
The Dydx chain, a proof-of-stake blockchain network, has successfully launched its mainnet and introduced dydx as its layer one (L1) token. On October 26, at 1 p.m. EDT, the network’s validators created the first block, signifying the start of a new era for the Dydx chain. The introduction of dydx...