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dYdX Foundation CEO Charles d'Haussy said that the dYdX exchange is taking a "new step forward" by decentralizing the order book.

DYDX holders have voted to make the token the native asset for the new soon-to-be-launched dYdX Chain as the decentralized exchange (DEX) gears up to migrate from Ethereum (ETH) to its own network.

A governance vote approved a proposal to transition dYdX to version 4 and make DYDX the Layer 1 token for its planned blockchain.

August 29, 2023 marks a significant step for dYdX, a decentralized exchange, as it plans to unleash $14.02 million in its unique DYDX tokens. The company is directing this financial move to bolster its community treasury as well as reward traders and those who provide liquidity to the platform.

The dYdX (DYDX) community unanimously voted in favor of Wintermute proposals, including adopting the dYdX version 4 (V4) software, as a $14 million token unlock got underway

DYDX, the native token of a decentralized exchange (DEX) with the same name, has been on a good run in the past few days. According to CoinGecko data, the cryptocurrency's price jumped by 10.7% in the past week, reflecting a positive performance after an unfavorable start to August.

The dYdX community is voting on a Wintermute proposal to upgrade to version 4 and introduce DYDX as the Layer 1 token for the upcoming dYdX Chain.

Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury. The treasury funds contributor grants, community initiatives and liquidity mining among other programs.

In the ever-evolving landscape of cryptocurrency, all eyes are currently fixated on the dYdX (DYDX) token, which finds itself navigating through a period of notable price volatility in the build-up to a highly anticipated token unlock event. Over the past week, the token has exhibited a dynamic trading pattern, hovering around the $2.16 mark.

The community that oversees the dYdX protocol is looking to adopt dYdX v4 in a recent governance proposal.

Bitcoin (CRYPTO: BTC) moved slightly higher, with the cryptocurrency prices trading above the $26,000 level on Monday. Ethereum (CRYPTO: ETH), also recorded gains, trading above the key $1,600 mark this morning.

If you are an avid crypto investor, you will want to mark your calendar for this week. According to Token Unlocks, a slew of tokens, including AGIX, GAL, DYDX, OP, EUL, NYM, 1INCH, HBAR and ACA are set for a massive unlock.

dYdX founder Antonio Juliano has suggested that the crypto space should “give up” on the US markets for the next five to ten years and focus on other markets. Juliano argued that crypto projects could scale faster by not serving the US markets because they would not have to deal with a hostile regulatory climate.

Antonio Juliano has suggested that cryptocurrency builders should shift their focus away from serving customers in the United States for the next five to ten years.

The dYdX community is gearing up for a significant decision as they prepare to cast their votes on a crucial proposal dYdX V4 starting tomorrow.

Antonio Juliano, who established the decentralized exchange dYdX, recently voiced an opinion that might shake up the world of crypto innovation. According to him, for the coming half-decade or more, crypto entrepreneurs should set aside their ambitions of breaking into the U.S. market.

Crypto industry founder Antonio Juliano suggests targeting overseas markets due to US regulatory challenges, aiming for a 100x increase in the sector. Coinbase CEO Brian Armstrong predicts US adoption will improve by next year.

Token Unlocks has revealed that a substantial unlocking event is set to take place this week.

The founder of the decentralized exchange dYdX believes that crypto builders should focus on serving markets outside the United States for the next five to 10 years. Antonio Juliano tells his 49,400 followers on the social media platform X that the regulatory uncertainty in the United States is not worth the “hassle” or “compromises.

Antonio Juliano, the founder of decentralized exchange dYdX, has sparked a heated debate by suggesting that crypto builders should forgo serving U.S. customers for the next 5 to 10 years. In a thread on X, formerly known as Twitter, Juliano argued that the U.S.

DYDX price, has been on an upward trajectory, with a notable 11.76% gain in just a week and a 4.02% surge in the last 24 hours.

The founder of dYdZX argued that early-stage crypto projects can scale faster by ignoring U.S. customers, as they won't have to deal with the hassles of the U.S. regulatory climate.

The native token of decentralized derivative dYdX surged in value, spurred by aggressive accumulation by experienced investors.

Market intelligence platform IntoTheBlock has conducted a comprehensive analysis, shedding light on current trends and token performances. The 7-day average transaction analysis has unveiled intriguing insights, showcasing the dominance of Uniswap in the DeFi space.