DYDX: The DYDX token has been an outlier to this trend....Currently, with dYdX v3, all trading revenue flows to dYdX Trading, Inc....The 150M DYDX unlock was pushed back to December 2023, giving the dYdX token ample time following the...MEV on dYdX.

Summary dYdX is a decentralized derivatives exchange for perpetual swaps and margin trading....$300M in total trading volume already on its cross margined perpetuals running on Starkware’s Layer 2. dYdX...SPV Terms dYdX is raising $65 million at a $215M equity valuation and an implied $430 million fully diluted...

dYdX Flipped Total Coinbase Volume While dYdX continues to dominate the DeFi perps market, it also recently...A big contributor to this is the nature of dYdX’s trade mining rewards structure. dYdX token rewards...Perp DEX Tokens Shine In addition to breaking records for trading volume, the $DYDX token hit a new...

The Effect of Farming Incentives dYdX’s total volume increased from about $10 mn a day to over $250 mn...This growth can be attributed to the recent DYDX token launch and traders attempting to farm DYDX rewards...data tells us how many addresses interacted with the exchange, and to what degree they are active. dYdX...

DYDX The Weekly View dYdX had been stuck in a range since May of last year. 2023 has been a bit of...However, if dYdX is able to conquer the current resistance zone, the bulls will be targeting $6.91-$7.83...Unless dYdX manages to break out (resistance being 2.93 and the 6.30-6.90 area), the next target would...

While we can point to the success of dYdX as a blueprint for perpetuals, or GMX for synthetic margin...It offers a hybrid off-chain order book and on-chain settlement DEX, similar to dYdX v3....If you’re familiar with dYdX’s current infra setup, this is nothing new.

Li.Fi / Socket Aggregators OpenSea / Blur NFT Marketplaces CoWSwap / 1inch Fusion DEX (Spot) dYdX...dYdX While we’ve explained how intents are not just limit orders, then can of course be just limit orders...When we think of orderbook-based DEXs in crypto we think of dYdX. dYdX has stood alone (although with...

Active Votes The Bancor community is deciding on whether to whitelist a DYDX pool on the DEX....Active Votes The Bancor community is deciding on whether to whitelist a DYDX pool on the DEX.

This forfeits the composability that makes options such a powerful tool. dYdX creates a CEX-like experience...spot price to index against perp contract prices, advanced order types, and off-chain matching engine. dYdX...Therefore, Infinity Pools will likely have slightly higher fees than major competitors like Synthetix, dYdX...

For this reason, dYdX’s model doesn’t need much elaboration....Most of the time, dYdX funding and pricing is comparable with CEXs....So it seemed natural to be skeptical of dYdX’s ability to scale. dYdX is built on a zk-rollup powered...20 bps for taker fees, with added discounts for DYDX token holders.

dYdX has generated revenue to the tune of ~$54M in the last 180 days....This revenue is generated via trading fees on the dYdX derivatives exchange....However, all of this revenue goes directly to dYdX Trading Inc and not to anyone else....Tokens were issued to traders, market makers, and stakers in the dYdX insurance fund.

ZKRs have been around for a few years, but these have been dominated by app specific use cases like dYdX...dYdX has by far been the most used L2 app to date, regularly doing >$1B in trading volume per day...While dYdX has an impressive $450M of protocol revenue over the past year it’s come at the expense of...

Uniswap is the most liquid on-chain spot market; dYdX is the most liquid on-chain perpetual futures market...at decentralized asset exchanges have been rather focused on either spot or one type of derivative. dYdX...A Short Case Study: dYdX vs Vega For the sake of comparison, let’s put this model up against dYdX’s perpetuals...

...docs.looksrare.org/guides/selling-nfts/conditional-listing — LooksRare (@LooksRare) June 23, 2022 dYdX...V4 to Be Built on Cosmos-SDK We’re excited to announce that dYdX V4 will be developed as a standalone...🔗🎉 — dYdX (@dYdX) June 22, 2022...

...up the Competition In our initial post, we discussed the architectural differences between Vega and dYdX...But we also higlighted that Vega’s scope as a full-stack exchange is much larger than dYdX (a perpetuals...No other on-chain exchange comes close to dYdX in terms of notional volume....Currently, any revenue is earned by dYdX Trading, an incorporated entity.

In this piece, we’ll compare dYdX and Perpetual Protocol’s recent activity in greater detail, since they...A Quick Refresher Although it lived on Ethereum’s base layer for much of its life, dYdX was migrated...So while Perpetual Protocol facilitates more volume per day, dYdX has a larger user base.

January 2022] [Excerpt from our Monthly Chartbook] When it comes to decentralized perpetuals (“perps”), dYdX...Meanwhile, its native token (DYDX) is down more than 70% from its all-time high and has struggled amid...The reason for dYdX’s poor performance is in part attributable to the lack of value accrual mechanisms...

TokenomicsDAO publishes an article on dYdX’s token....DYdX has voted to simplify the current reward scheme and to send 25% of the trading rewards to the dYdX...Instead, dYdX will reallocated those rewards tokens to the treasury, which the DAO can use for grants...

Slowdown on Shaky Markets Volume on derivative DEXes has cooled off as market conditions remain shaky. dYdX...Being built on StarkEx also gave dYdX an edge over its competitors with cheap gas and trading fees, more...However, as dYdX rewards reduce, it will be worth watching how volume holds up.

...airdrop, we have seen a number of high-profile airdrops that have rewarded early adopters, including dYdX...While the dYdX airdrop was valued closer to $800M at its launch, any user with over $100k in trading...Airdrop Design Airdrops started by retroactively rewarding users for their behavior (trading volume on dYdX...