dYdX
4.9M views
1,811 Posts
Hot
Latest
🚀 dYdX and the Unlimited Era of Trading 🚀
dYdX is revolutionizing the decentralized finance (DeFi) space with groundbreaking products like perpetual contracts and MegaVault. What makes dYdX stand out is its focus on removing limits in trading. Wi th the launch of the Learn to Earn program, the platform is not only rewarding traders but also empowering users to learn while earning!
The Learn to Earn program on dYdX allows users to deepen their knowledge of DeFi, perpetual contracts, and trading strategies, while earning rewards. This is a fantastic opportunity for those looking to improve their skills and take advantage of a platform that is constantly evolving.
💡 By depositing USDC into MegaVault, users can also earn passive income by contributing liquidity to the platform. It’s the perfect combination for those who want to earn while learning and grow their wealth.
Don’t miss out on the chance to trade smartly and learn effectively with dYdX in the Unlimited Era! 💹💰
#dYdX #LearnToEarn #PassiveIncome #Trading #CryptoEducation $BTC
dYdX is revolutionizing the decentralized finance (DeFi) space with groundbreaking products like perpetual contracts and MegaVault. What makes dYdX stand out is its focus on removing limits in trading. Wi th the launch of the Learn to Earn program, the platform is not only rewarding traders but also empowering users to learn while earning!
The Learn to Earn program on dYdX allows users to deepen their knowledge of DeFi, perpetual contracts, and trading strategies, while earning rewards. This is a fantastic opportunity for those looking to improve their skills and take advantage of a platform that is constantly evolving.
💡 By depositing USDC into MegaVault, users can also earn passive income by contributing liquidity to the platform. It’s the perfect combination for those who want to earn while learning and grow their wealth.
Don’t miss out on the chance to trade smartly and learn effectively with dYdX in the Unlimited Era! 💹💰
#dYdX #LearnToEarn #PassiveIncome #Trading #CryptoEducation $BTC
DYDXUSDT 1W analysis update 🔥
$DYDX
dYdX Update ~ 1W
#dYdX At 1W Time Frame, #dYdX Again, it was rejected from this resistance line. The best way for now. Buy gradually after breaking this resistance line with a Full Candel,. Or you can place a buy on this support block..
these two scenarios with a minimum target of 20%+
🚨🚨
👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
Binance Square Family...❤️🔥❤️🔥
I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help.
I appreciate your support!
dYdX Update ~ 1W
#dYdX At 1W Time Frame, #dYdX Again, it was rejected from this resistance line. The best way for now. Buy gradually after breaking this resistance line with a Full Candel,. Or you can place a buy on this support block..
these two scenarios with a minimum target of 20%+
🚨🚨
👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
Binance Square Family...❤️🔥❤️🔥
I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help.
I appreciate your support!
LORDUM—MOMO 7:
Hello, thank you for your information and efforts. Is it healthy to keep Dydx? Can you give us information? Thank you.
$BTC #dYdX
The decentralized digital assets lending and borrowing project dYdX and Noble, an Open Financial Framework for cross-chain transfers are proud to announce their new initiatives. Circle, a leader in the stablecoin and transfer space, has created a CCTP (Circle Cross-Chain Transfer Protocol) integration with Noble and dYdX Chains. This technology will allow instant transfer of USDC from other networks to dYdX Chain, creating faster and more efficient cross-chain payments and transfers.
This new initiative is part of a larger initiative to make the world of transfer and payments faster and more efficient. On Nov. 3, Circle’s CCTP tech was available on Noble’s testnet and will launch on the network’s mainnet on Nov. 28. With this new innovation, customers will now be able to move USDC transfers from other networks to dYdX Chain’s layer one in a secure, trustless, and efficient manner. Moreover, the protocol introduces asset sovereignty for the user, meaning that all assets are always under the user’s control.
The dYdX team believes this new initiative will help to further financial inclusion and bridge the gap between traditional banking and the still young but rapidly growing world of digital assets. Moreover, this new initiative will help to unlock increased liquidity for dYdX’s products and services. Moving forward, Circle, Noble, and dYdX invite others in the blockchain space to be a part of this initiative, and create a more smooth, secure, and trustless environment for users.
The partnership between these three leaders in the blockchain space further affirms the potential of their technologies. With the launch of Circle’s CCTP in just a few weeks, it is only a matter of time before we begin to see the benefits of faster and more efficient transfers in the digital asset world.
The decentralized digital assets lending and borrowing project dYdX and Noble, an Open Financial Framework for cross-chain transfers are proud to announce their new initiatives. Circle, a leader in the stablecoin and transfer space, has created a CCTP (Circle Cross-Chain Transfer Protocol) integration with Noble and dYdX Chains. This technology will allow instant transfer of USDC from other networks to dYdX Chain, creating faster and more efficient cross-chain payments and transfers.
This new initiative is part of a larger initiative to make the world of transfer and payments faster and more efficient. On Nov. 3, Circle’s CCTP tech was available on Noble’s testnet and will launch on the network’s mainnet on Nov. 28. With this new innovation, customers will now be able to move USDC transfers from other networks to dYdX Chain’s layer one in a secure, trustless, and efficient manner. Moreover, the protocol introduces asset sovereignty for the user, meaning that all assets are always under the user’s control.
The dYdX team believes this new initiative will help to further financial inclusion and bridge the gap between traditional banking and the still young but rapidly growing world of digital assets. Moreover, this new initiative will help to unlock increased liquidity for dYdX’s products and services. Moving forward, Circle, Noble, and dYdX invite others in the blockchain space to be a part of this initiative, and create a more smooth, secure, and trustless environment for users.
The partnership between these three leaders in the blockchain space further affirms the potential of their technologies. With the launch of Circle’s CCTP in just a few weeks, it is only a matter of time before we begin to see the benefits of faster and more efficient transfers in the digital asset world.
dYdX Leads December Because $500M Crypto Token Releases
There are a lot of cryptocurrency projects that are getting ready to release a significant amount of tokens within the next few weeks, which means that the cryptocurrency industry is going to be very active with a lot of massive token unlocks and airdrops. As it prepares to release tokens with a total value of $500 million, the decentralized dYdX exchange is very close to reaching a critical development milestone.
On the first of December, there will be a distribution of 150 million tokens, as indicated by the most recent edition of the program. This amounts to thirty percent of the entire 500 million tokens that have been set aside for investors, employees, and consultants in the project. After that, for the course of the subsequent six months, every single month, 40% of the available tokens will be distributed. Following this, there will be a release of 20% spread during the course of the subsequent year, which will be followed by a release of the remaining 10% the year after that.
The initial 5-year strategy for the DEX was published in the release note back in January 2023, when dYdX initially delayed token unlocks until December 2023.
The cryptocurrency community is getting excited about the impending release of significant token numbers from a variety of different projects as we get closer to the month of December. The exceptional event that took place when dYdX released tokens worth a total of $500 million exemplifies the volatile and ever-changing character of the cryptocurrency market. Keep an eye out for these unlocks, as they are likely to have an effect on the market and cause an increase in the amount of trading activity.
#dYdX
On the first of December, there will be a distribution of 150 million tokens, as indicated by the most recent edition of the program. This amounts to thirty percent of the entire 500 million tokens that have been set aside for investors, employees, and consultants in the project. After that, for the course of the subsequent six months, every single month, 40% of the available tokens will be distributed. Following this, there will be a release of 20% spread during the course of the subsequent year, which will be followed by a release of the remaining 10% the year after that.
The initial 5-year strategy for the DEX was published in the release note back in January 2023, when dYdX initially delayed token unlocks until December 2023.
The cryptocurrency community is getting excited about the impending release of significant token numbers from a variety of different projects as we get closer to the month of December. The exceptional event that took place when dYdX released tokens worth a total of $500 million exemplifies the volatile and ever-changing character of the cryptocurrency market. Keep an eye out for these unlocks, as they are likely to have an effect on the market and cause an increase in the amount of trading activity.
#dYdX
🚀 Cetus Protocol x dYdX: A Game-Changing Integration in DeFi! 🔥
🎉 Major Milestone! The dYdX community has spoken, and it’s a resounding YES—93.86% voted to approve the Cetus Protocol integration! 💥
🔗 What does this mean?
🌊 Increased liquidity for Cetus.
👥 More users joining the decentralized finance revolution.
📈 A stronger DeFi presence with the trusted support of dYdX! 🚀
💡 Why is this a game-changer?
✅ Credibility boost: dYdX’s approval solidifies Cetus Protocol as a top contender in the space.
🔥 More opportunities for growth as both communities unite for a stronger ecosystem.
💬 How do you feel about this new partnership? Drop your thoughts below! 👇
#CetusProtocol #dYdX #DeFi #CryptoIntegration #GameChanger $CETUS
$DYDX
🎉 Major Milestone! The dYdX community has spoken, and it’s a resounding YES—93.86% voted to approve the Cetus Protocol integration! 💥
🔗 What does this mean?
🌊 Increased liquidity for Cetus.
👥 More users joining the decentralized finance revolution.
📈 A stronger DeFi presence with the trusted support of dYdX! 🚀
💡 Why is this a game-changer?
✅ Credibility boost: dYdX’s approval solidifies Cetus Protocol as a top contender in the space.
🔥 More opportunities for growth as both communities unite for a stronger ecosystem.
💬 How do you feel about this new partnership? Drop your thoughts below! 👇
#CetusProtocol #dYdX #DeFi #CryptoIntegration #GameChanger $CETUS
$DYDX
MAJOR UPCOMING TOKEN UNLOCKS
#Optimism $OP #SelfChain $SLF #Celestia $TIA #MaverickProtocol $MAV #dYdX $DYDX #HookedProtocol $HOOK #TARSProtocol $TAI #Sui $SUI #Neutron $NTRN
#Optimism $OP #SelfChain $SLF #Celestia $TIA #MaverickProtocol $MAV #dYdX $DYDX #HookedProtocol $HOOK #TARSProtocol $TAI #Sui $SUI #Neutron $NTRN
dYdX's Open-Source Revolution: Unveiling the Future of Decentralized Exchanges 🌐
Let's take a moment to unpack something truly exciting in the crypto space. DYDX, a leading decentralized exchange, has made a move that could redefine how we think about DeFi. Intrigued? Let's get into it. 🤓
The Big News
Recently, dYdX announced that it's open-sourcing its code, marking the initiation of the exchange's v4 upgrade. This monumental move transitions dYdX from a layer-2 network on Ethereum to a standalone blockchain in the Cosmos ecosystem. Open-sourcing is more than a buzzword here; it's about transparency, community involvement, and, most importantly, full decentralization. 🛠️
What Does It Mean for DEXs?
Transparency
Open-source code is like an open book. It allows developers to review, detect bugs, and improve quality. This is a cornerstone in the blockchain ethos, and dYdX is embracing it wholeheartedly.
Governance
If the community accepts this proposal and it passes a governance vote led by the dYdX Foundation, the new mainnet will go live. This means the protocol will be community-operated, and the company will no longer control it or collect trading fees.
Financial Impact
Antonio Juliano, dYdX's founder and CEO, highlighted that this is a pivotal moment for DeFi. The platform already sees an average of a billion dollars traded every day. Imagine the possibilities when the community gets to call the shots!
The Bigger Picture
This isn't just about one exchange; it's a blueprint for how DEXs can operate in the future. It sets a precedent for transparency, community governance, and financial autonomy. In a world where centralization is the norm, dYdX is showing us another way.
Your Thoughts? 🤔
What do you think this means for the future of decentralized exchanges? Will other DEXs follow suit?
#dYdX #OpenSource #DecentralizedExchanges #BinanceSquare #DeFi
Disclaimer: This content is not financial advice. Always do your own research before making any investment decisions.$$
Let's take a moment to unpack something truly exciting in the crypto space. DYDX, a leading decentralized exchange, has made a move that could redefine how we think about DeFi. Intrigued? Let's get into it. 🤓
The Big News
Recently, dYdX announced that it's open-sourcing its code, marking the initiation of the exchange's v4 upgrade. This monumental move transitions dYdX from a layer-2 network on Ethereum to a standalone blockchain in the Cosmos ecosystem. Open-sourcing is more than a buzzword here; it's about transparency, community involvement, and, most importantly, full decentralization. 🛠️
What Does It Mean for DEXs?
Transparency
Open-source code is like an open book. It allows developers to review, detect bugs, and improve quality. This is a cornerstone in the blockchain ethos, and dYdX is embracing it wholeheartedly.
Governance
If the community accepts this proposal and it passes a governance vote led by the dYdX Foundation, the new mainnet will go live. This means the protocol will be community-operated, and the company will no longer control it or collect trading fees.
Financial Impact
Antonio Juliano, dYdX's founder and CEO, highlighted that this is a pivotal moment for DeFi. The platform already sees an average of a billion dollars traded every day. Imagine the possibilities when the community gets to call the shots!
The Bigger Picture
This isn't just about one exchange; it's a blueprint for how DEXs can operate in the future. It sets a precedent for transparency, community governance, and financial autonomy. In a world where centralization is the norm, dYdX is showing us another way.
Your Thoughts? 🤔
What do you think this means for the future of decentralized exchanges? Will other DEXs follow suit?
#dYdX #OpenSource #DecentralizedExchanges #BinanceSquare #DeFi
Disclaimer: This content is not financial advice. Always do your own research before making any investment decisions.$$
The Block reported that dYdX (DYDX), a decentralized cryptocurrency derivatives exchange, has launched the mainnet beta of its self-developed mainnet DYdX Chain based on Cosmos (ATOM). The mainnet supports trading using 20x leverage in 33 pools. Even in the beta stage, transaction fees generated on the chain are distributed to validators. dYdX plans to conduct updates through governance voting before the official launch of the mainnet in the future. The alpha mainnet version of dYdX Chain was initially launched on October 27th. 🌐💱 #dYdX #DYDXChain #Cosmos #Cryptocurrency
💬💰 dYdX CEO Antonio Juliano addresses the forced liquidation of $50 million in YFI open interest, attributing it to a sudden surge from $800,000 to $67 million within days, and suspecting a similar attack on the SUSHI market previously. He vows not to negotiate with attackers, collaborates with the FBI, and plans to offer a reward for assistance in resolving the issue. 🚫💼🕵️♂️ #dYdX #CryptoSecurity #YFI #CyberAttack
Crypto Watchlist for the week ahead:
$FTM - The testnet for Sonic, a major upgrade, launches on Oct. 24. Sonic will increase Fantom's throughput by 4X
$SOL - has been gaining momentum + Solana Breakpoint conference starts in <10 days
$DOT - $400M DOT will be unlocked on Oct 24. The unlocked tokens will go to parachain auction participants who locked their tokens ≈2 years ago
#dYdX - the team stated a few weeks ago that dYdX V4 will launch in October. dYdX V4 will introduce a revenue-sharing mechanism among many other things
#BTC-related coins ($STX, $BSV, $BITCOIN) - if/when BTC breaks the $30K resistance, these tokens will likely outperform it as they act like beta plays
#SCRT - Secret Network's new development roadmap will be revealed on Oct. 26
And that's it for this week.
If you enjoyed reading this, a like + Follow would be much appreciated🫡
$FTM - The testnet for Sonic, a major upgrade, launches on Oct. 24. Sonic will increase Fantom's throughput by 4X
$SOL - has been gaining momentum + Solana Breakpoint conference starts in <10 days
$DOT - $400M DOT will be unlocked on Oct 24. The unlocked tokens will go to parachain auction participants who locked their tokens ≈2 years ago
#dYdX - the team stated a few weeks ago that dYdX V4 will launch in October. dYdX V4 will introduce a revenue-sharing mechanism among many other things
#BTC-related coins ($STX, $BSV, $BITCOIN) - if/when BTC breaks the $30K resistance, these tokens will likely outperform it as they act like beta plays
#SCRT - Secret Network's new development roadmap will be revealed on Oct. 26
And that's it for this week.
If you enjoyed reading this, a like + Follow would be much appreciated🫡
🚀 dYdX Unveils Ambitious 2024 Roadmap: Empowering Decentralized Derivatives Trading
Decentralized derivatives exchange dYdX has rolled out its comprehensive roadmap for 2024, outlining strategic initiatives across three key areas aimed at elevating its platform's capabilities and user experience.
**Permissionless Markets:**
1. *Instant and Permissionless Onboarding:* Enabling seamless access for anyone to launch any market.
2. *Instant Liquidity through LP Vaults:* Providing swift liquidity solutions for all markets.
3. *Oracle Expansion:* Facilitating perpetual contracts for any asset by expanding oracles.
4. *Risk Management Strengthening:* Introducing protocol-level cross-margin and isolated margin for enhanced risk management.
**Core Trading Improvements:**
1. *Enhanced Reliability and Infrastructure:* Focusing on improving the core trading software's reliability and infrastructure.
2. *Additional Trading Features:* Incorporating features to assist traders in executing transactions swiftly and accurately.
3. *Extended Client Support:* Adding support for clients in languages such as C++, Rust, and Go.
**User Experience Enhancements:**
1. *Simplified Registration:* Making onboarding easier with increased entry options and diverse connection methods.
2. *Improved Usability:* Enhancing the exchange's usability by presenting and reminding crucial information effectively.
3. *Social Integration:* Integrating social elements into the trading software for a more engaging user experience.
dYdX's roadmap reflects a commitment to pushing the boundaries of decentralized derivatives trading, emphasizing accessibility, liquidity, and a seamless user journey. The developments in 2024 are poised to shape the future landscape of decentralized finance. 🌐📈
$DYDX
#dYdX #DeFi #DecentralizedTrading #Roadmap2024
Decentralized derivatives exchange dYdX has rolled out its comprehensive roadmap for 2024, outlining strategic initiatives across three key areas aimed at elevating its platform's capabilities and user experience.
**Permissionless Markets:**
1. *Instant and Permissionless Onboarding:* Enabling seamless access for anyone to launch any market.
2. *Instant Liquidity through LP Vaults:* Providing swift liquidity solutions for all markets.
3. *Oracle Expansion:* Facilitating perpetual contracts for any asset by expanding oracles.
4. *Risk Management Strengthening:* Introducing protocol-level cross-margin and isolated margin for enhanced risk management.
**Core Trading Improvements:**
1. *Enhanced Reliability and Infrastructure:* Focusing on improving the core trading software's reliability and infrastructure.
2. *Additional Trading Features:* Incorporating features to assist traders in executing transactions swiftly and accurately.
3. *Extended Client Support:* Adding support for clients in languages such as C++, Rust, and Go.
**User Experience Enhancements:**
1. *Simplified Registration:* Making onboarding easier with increased entry options and diverse connection methods.
2. *Improved Usability:* Enhancing the exchange's usability by presenting and reminding crucial information effectively.
3. *Social Integration:* Integrating social elements into the trading software for a more engaging user experience.
dYdX's roadmap reflects a commitment to pushing the boundaries of decentralized derivatives trading, emphasizing accessibility, liquidity, and a seamless user journey. The developments in 2024 are poised to shape the future landscape of decentralized finance. 🌐📈
$DYDX
#dYdX #DeFi #DecentralizedTrading #Roadmap2024
⛓️ dYdX Chain: The New and Decentralized Future of DeFi⛓️
Hello #DeFi enthusiasts! Today, we are witnessing one of the most recent and exciting developments in the sector. #dYdX has shared its long-awaited application-specific chain, the dYdX Chain, with the world as an open source. So, what does this mean, and what does it offer us?Why dYdX Chain?🧐As is known, dYdX has always pioneered radical changes to offer the best experience to its users. This chain is a result of dYdX's vision. Before L2 technologies became popular, they took the step to decide to create an application-specific chain. As a result, they offer unprecedented speed for the DeFi sector, with the ability to confirm up to 2,000 transactions per second, along with complete decentralization.Independence and Customization⚙️By creating an independent chain, dYdX has achieved full control over every aspect of the technology. Everything from the order book to third-party validators is completely decentralized. This offers users a more personalized experience and higher security.Looking to the Future🚀With the publication of this open-source code, it's extremely exciting to see how the DeFi world will adopt and implement this chain. dYdX extends its gratitude to its community, team, and everyone who supported them along the way. They will also inform about how you can be more involved in the dYdX community and about new potential features related to this chain.Final Words🤝🏻DeFi is a constantly evolving and changing sector. However, the dYdX Chain proves that innovation in this sector is just at the beginning. We eagerly await to see how this new chain will shape the future of DeFi.$DYDX