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dYdX 𝙐𝙣𝙡𝙞𝙢𝙞𝙩𝙚𝙙.
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Everything you need to know about the upcoming dYdX MegaVault feature lives in this video. Hear from @CryptoCow33 as he gives you the low-down 🫡 Watch here ➡️ https://www.youtube.com/watch?v=NPqpNuFEafs
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#dYdX
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Instant Market Listings will allow you to trade any market instantly with liquidity. MegaVault provides these markets with liquidity whilst also giving you an opportunity to earn yield—pretty cool, right? Let's dive into the mechanics 👇 https://www.dydx.foundation/blog/megavault-instant-market-listings?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
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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.
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