DYDX Token Report Released, 14.8% Of Total Supply Staked

According to Foresight News, dYdX has released a report on the DYDX token. The report reveals that approximately 148 million DYDX tokens, which account for 14.8% of the total supply, have been staked to 60 active validators to ensure the security of the dYdX Chain.

The protocol has distributed over 20 million USDC to more than 18,991 dYdX Chain stakers. Furthermore, 75.2% of ethDYDX has been migrated to the dYdX Chain. The report provides insights into the current status of the DYDX token and its distribution among the dYdX Chain community.