Latest News

DYDX ranks first on the list of the top DeFi projects by Development Activity on 24 October. The token's price also turns bullish, but a few metrics pose concerns.

The dYdX crypto exchange published the open-source code for its upcoming Cosmos-based network.

The decentralized finance (DeFi) world has been closely observing the pioneering innovations brought forth by the dYdX decentralized exchange (DEX).

DYdX introduces a decentralized off-chain order book

In a major development within the cryptocurrency space, dYdX Trading, the company behind the decentralized derivatives exchange dYdX, has made a significant move towards decentralization. The firm has released the open-source code for its upcoming independent blockchain, marking the initial phase of the eagerly anticipated mainnet launch of dYdX Chain.

The principal developer of the decentralized derivatives exchange dYdX has publicly released the open-source code for its upcoming version 4.

The release of the open source code marks the initial phase of dYdX Chain's mainnet launch.

This marks the first step in initiation of the v4 upgrade, where the DEX is transitioning away from its layer-2 network atop Ethereum onto its own standalone blockchain.

In a candid and insightful conversation, Charles d'Haussy, a luminary in the blockchain industry, offers his perspectives on the present and future of the cryptocurrency market, the surging realm of decentralized finance (DeFi), and the transformative journey of dYdX, a standout name in the DeFi arena.

In a significant shift for the world of decentralized exchanges, dYdX Trading, the creator of one of the largest platforms of its kind, is making waves by transforming into a Public Benefit Corporation. This transformative move signifies a commitment to the community and open-source principles, as the company pledges to forgo trading fee revenue from its forthcoming v4 platform.

dYdX Trading Inc. has updated its charter to become a Public Benefit Corporation on 17 October 2023, as announced by its founder, Antonio. This move aims at aligning the company more closely with the web3 community, promoting global economic and technological advancement through open-source and decentralized crypto asset exchanges.

Decentralized exchange dYdX Trading announces its transformation into a public benefit corporation, emphasizing community alignment by waiving trading fee revenues for its upcoming v4 platform.

dYdX will not earn trading fee revenue from its upcoming v4 platform as it has moved to become a public benefit corporation.

Here's a statistic that tends to be overlooked, according to dYdX founder Antonio Julio: Derivatives currently make up around 75% of all trading volume in the crypto market.

dYdX, a leading decentralized exchange platform, has cleared a comprehensive security audit by Informal Systems. The news was shared on the official dYdX Twitter account and reposted by founder Antonio, reinforcing the platform's commitment to user security and fund safety.

SUI and DYDX will unlock a substantial amount of their total supplies on 3 October 2023, which can cause their prices to drop in the near term

The dYdX token price drifted upwards on Monday as cryptocurrency prices like Bitcoin, Bitcoin SV, ThorChain, and eCash soared. The token also rose as the Cosmoverse event kicked off on Monday. It rose to a high of $2.06, higher than last week's low of $1.85.

Chaos Labs proposes a $20M, 6-month Launch Incentives Program for the transition to dYdX v4. The initiative aims to facilitate user and volume migration to the new dYdX Chain, with a robust pre-launch and post-launch strategy.

In the bustling landscape of decentralized finance (DeFi), where innovation is constant and competition is fierce, one platform stands out as an unsung hero of decentralized derivatives trading: dYdX. While centralized exchanges often steal the spotlight, dYdX has quietly carved a niche for itself by focusing on professional traders and staying true to its core offerings.

Axelar's Galen Moore provides a front-row seat to changes afoot at dYdX as the popular decentralized trading platform builds on Cosmos.

DYdX has integrated with Axelar's cross-chain infrastructure for enhanced onboarding to its version 4 that includes an appchain model.

In an exclusive interview, Antonio Juliano, founder of dYdX (and a former Coinbase software engineer), discusses his project's move to build a new layer-1 blockchain using Cosmos technology.

Antonio Juliano, founder of dYdX, predicts DeFi derivatives will grow 100x in the next few years, accounting for 2% of crypto derivative volume. This optimistic projection highlights the potential for investors and traders.

In a recent development, the dYdX community has been shaken by the emergence of a suspicious Snapshot, which appears to have been created with malicious intent. The Snapshot in question was designed to "skip testnet round 3 and go live with BETA v4.