The dYdX perpetual futures exchange’s underlying blockchain, the dYdX Chain, went down early Monday. Due to a planned upgrade to version 4 of the chain, there was a disruption that lasted more than nine hours. There was an unanticipated stop in operations because the upgrading procedure hit a snag. The
In light of the recent uptick in activity on the dYdX decentralized crypto exchange (DEX), the community has decided to stake 20 million DYDX tokens in an effort to beef up security. Staking tokens from the community treasury, which are now worth over $61 million at current prices, using the
The decentralized exchange (DEX), dYdX, has emerged as a formidable leader, surpassing long-standing frontrunner Uniswap in daily trading volume, as per recent data from CoinMarketCap. This significant achievement comes on the heels of dYdX’s strategic move from the Ethereum blockchain to the Cosmos ecosystem with the launch of its version
dYdX, a decentralized cryptocurrency exchange, burned up $9 million of its insurance fund on November 17 to cover customer losses, prompting the exchange to announce additional procedures to reduce trading-related risks. The exchange has raised margin requirements for several tokens trading in “less liquid markets,” according to a post on
With delight, the dYdX Foundation announces the open-sourcing of software for a Bridge User Interface. If implemented, this interface might let users convert from ethDYDX to DYDX, which is the layer 1 (L1) token of the dYdX Chain. The dYdX Ecosystem has lately seen three noteworthy developments: The dYdX Operations
This week is poised to bring about a wave of significant token unlocks that could potentially impact prices and trading dynamics in the crypto market. According to Token Unlocks, several notable tokens are scheduled to experience substantial unlocks, leading to heightened anticipation and speculation within the crypto community. Tokens such
As part of its plan to leave the Ethereum ecosystem by the end of 2023, the DYDX Foundation, the non-profit behind the famous DEX, dYdX, has preponed the launch of the public testnet of its Cosmos-based blockchain. The Foundation has announced that the testnet will launch on July 5, sooner
In dYdX (DYDX) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about DYDX to analyze the future movement of the cryptocurrency. dYdX (DYDX) Current Market Status Current Price $2.02 24 – Hour Trading Volume $95,124,284 24 – Hour Price Change 2.78% Up Circulating Supply 156,256,174
Recently, decentralized exchange dYdX made the decision to move away from Ethereum by announcing the launch of its V4 private testnet. The entire platform rollout to Cosmos is scheduled for the end of September this year. Teams of developers may use the Cosmos SDK to quickly and easily create their
dYdX banned user’s accounts that utilized Tornado Cash. Many users had no awareness they had received money from the crypto mixer. The cryptocurrency exchange dYdX announced that it has blocked user accounts that even have a token link to Tornado Cash, the cryptocurrency mixing service that the U.S. Treasury sanctioned
