dYdX Chain is the world's leading Perpetuals DEX. Fully decentralized. Community governed. 100% of protocol fees distributed to $DYDX stakers. Not avail in US.
Since the launch of the dYdX Chain, the DYDX token has expanded utility enhancing the overall ecosystem💡
🔒 Security = 149M staked DYDX
🙋🏽 Staking = $20M $USDC distributed to Stakers
🤝 Governance = 55 proposals
DYDX 🧵
@mintscanio
@coingecko
DYDX is the Layer-1 utility token that powers the dYdX Chain 🎆
Staking to secure the chain rewards the community with 100% of protocol fees distributed in $USDC, whilst enabling governance of a fully decentralized, community governed platform ✨
@mintscanio
@coingecko
Users can safely bridge their ethDYDX (dYdX v3’s governance token) to dYdX Chain DYDX 🌉
How to bridge video guide 🎥
How-to-bridge guide 👀
Trading Season 4 week 3 was a big one 💪
Highlights;
📊 $910M av weekly trading volume
🤔 Over $100M Open Interest
🙋🏽 407 new weekly traders
👑 Platinum league leader 192% ROI
📈 New markets $CHZ & $WIF
Learn more ➡️
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@dYdX
Chain Launch Incentives Program Weekly Update 🥇🥈🥉
Week 3 of Season 4 saw a $6.5bn increase in cumulative volume on dYdX Chain and trader PnL soaring! Read on to see everything that happened on dYdX Chain in the past week 👇
@mintscanio
According to
@coingecko
, the DYDX token has a total supply of 1 Billion tokens, a current circulating supply of 501,325,666 DYDX and a token distribution as per the graphic 👀
The dYdX Foundation is seeking a talented Senior Legal Counsel to join the team & help shape the future of decentralized finance !
As Senior Legal Counsel, you will:
📋 Review internal and external communications
🤝 Collaborate with Leadership and cross-functional teams
🧩…