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 was founded by Antonio Juliano, a former software engineer at Coinbase and Uber and they have raised...

...https://storage.googleapis.com/members-portal-bucket/uploads/2020/07/Research-Report-Reserve-Celo-Part-2-...5-31-2020.pdf” title=”Research Report – Reserve & Celo – Part 2 – 5 31 2020″]...

Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...flat throughout the month while Mystic 1 Axie floor price grew from 5.5 ETH to 9.99 ETH and Mystic 2...

In this report, we look at how the Layer 2 ecosystem is shaping up and dive into the varying rollup solutions...

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...

...and then encourage liquidity providers to move over from the main pool to the layer 2 equivalent....Ideally a user executing a swap on the ETH-USDC pool on Unipig (Uniswap fork on the Optimism layer 2)...Ideally as a user, regardless of whether interacting with the ETH-USDC pool on layer 1 or on layer 2,...

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...

The graphic above shows that in six months, perpetual DEX volume share went from 2% to 2.1%, with total...Even if DEX volume share remains at 2%, dYdX will generate $270M and $539M annually for $5T and $10T...This approach mitigates front running and has allowed Synthetix to lower trading fees to 2/6 bps on major...

The token briefly ran 50% ($2-$3) in the weeks leading up to release before continuing to chart a seemingly...

Part 2 – Applications In Part 1 we have overviewed Anoma’s intents and seen how they compare to Ethereum-style...“Part 2: WTF are intent-based apps?”...has 2 sections; First, we take a look at some existing intent-based apps across various verticals that...When we think of orderbook-based DEXs in crypto we think of dYdX. dYdX has stood alone (although with...

...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...

...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...

App Building Opportunities Zetachain’s ability to support smart contracts and connect to heterogeneous chains – including the Bitcoin blockchain – […]...

Internet Game is an interactive entertainment platform that is launching its Season 2, titled “Bear Market...There are 2 parts to the games....Part 2 is a live finale with 3 multi-player games hosted by Gmoney & Leah Lamarr.

A lot of people were talking about the impending supply overhang from the DYDX token unlock, originally...The dYdX team recently announced this token unlock would be pushed back to Dec. 2023, and further clarified...DYDX price action responded accordingly, breaking above a pretty important threshold set on the monthly...

Topics Covered: 2:05 – MicroStrategy’s Bitcoin Blueprint with Kevin Kelly 5:45 – Bitcoin ETF, Funds...

Open interest on GMX has grown over 100%  YTD,  overtaking dYdX whose open interest hasn’t increased...Despite this, dYdX still trades at fully diluted valuation over two times higher than the GMX. dYdX FDV...In terms of fees, GMX has also outpaced dYdX over the last year, as dYdX trading rebates dwindle.

dYdX’s public testnet is live and producing blocks (https://testnet.mintscan.io/dydx-testnet) and will...includes a larger number of validators (40+) and will be the first time for users to get a feel for dYdX...The public testnet is ahead of schedule, and if all goes well we could see the mainnet for dYdX v4 before...

Come December, DYDX is facing a significant unlock event that will boost its circulating supply by 75%...As mentioned in our recent report on dYdX, “Employees, investors, and consultants were allocated 50%...of the DYDX token supply altogether. 30% of these tokens were originally scheduled to be unlocked in...