Source: DYDXUSD Chart by TradingView
DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol.
DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users.
Crypto community lambasts dydx’s new facial verification requirement
Industry stakeholders reacted negatively to dYdX's verification requests, with some suggesting that the exchange was acting on regulators' instructions.
Decentralized exchange dYdX blocks user accounts associated with Tornado Cash
Decentralized exchange dYdX said it has blocked various user account connected to Tornado Cash due to U.S. sanctions and has restored access to some users who were unduly blocked.
Why dYdX is leaving Ethereum and StarkWare for a native chain on Cosmos
dYdX is moving to a native chain on the Cosmos ecosystem. But why is the DEX ditching Ethereum, the world's most popular Turing complete blockchain?
All images, branding and wording is copyright of dYdX. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap, Coinpaprika and TradingView.