Category: dydx

dYdX outline plans for full decentralization in late 2022

January 12, 2022

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The blog post prompted participants of the platform to “trust code instead of corporations” in their pursuit of decentralization. 869 Total views 20 Total shares dYdX, the layer-two derivates protocol, has published the fourth iteration of its roadmap detailing its intentions to evolve into an open-source, community-governed and fully decentralized exchange by the end of […]

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DeFi farmers boast about gaming dYdX airdrop as prices surge

September 28, 2021

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DeFi farmers are claiming to have made hundreds of thousands of dollars by gaming dYdX ‘s recent airdrop. 2407 Total views 8 Total shares As dYdX’s governance token gains amid speculation that Chinese traders could be migrating to the derivatives DEX, savvy DeFi farmers are claiming to be sitting on six-figure stashes after gaming the […]

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Derivatives DEX dYdX beats out Coinbase’s spot markets by volume amid China FUD

September 27, 2021

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Chinese traders appear to be flocking to derivatives DEX dYdX amid concerns over a renewed crypto crackdown in China. 4109 Total views 41 Total shares Decentralized derivatives exchange dYdX has seen a surge in trade activity as concerns surrounding a renewed Chinese crypto crackdown have circulated this year, with the DEX now processing more volume […]

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Big Guns Back $10M Investment in DeFi’s dYdX

January 26, 2021

Crypto Nanobot 0

The funding round, led by Three Arrows and DeFiance Capital, was also joined by Andreessen Horowitz and Polychain Capital. dYdX team(dYdX) Jan 26, 2021 at 3:00 p.m. UTCUpdated Jan 26, 2021 at 3:44 p.m. UTC Big Guns Back $10M Investment in DeFi’s dYdX Trading venue dYdX has raised $10 million in a Series B funding […]

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DeFi the odds: Total user numbers up 55% in just six weeks

November 13, 2020

Crypto Nanobot 0

Decentralized finance users steadily increased by 40% during October, despite many DeFi tokens posting heavy losses for the month. 9167 Total views 44 Total shares While many decentralized finance tokens suffered heavy losses last month, prompting hastily written obituaries about the DeFi “bubble,” metrics measuring user activity saw sustained, sector-wide growth. According to crypto market […]

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