Liquidity is vital, and it has typically been a challenge for many CEXs and DEXs, especially when it comes to derivatives trading.
Through the launch of dYdX MegaVault, anyone can deposit liquidity and profit from market making and protocol fees.
By allowing users to earn yield for providing additional liquidity, dYdX isn't only solving the liquidity issue but also the challenge for users to generate returns passively.
A new DeFi landscape is on the horizon—watch this space.