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The dYdX foundation has announced that it has successfully raised $30 million worth of DYDX tokens from the dYdX chain Chain Community Treasury.

Boost in governance and adoption on the horizon for dYdX Foundation with treasury funds.

TL;DR The dYdX Foundation secures $30 million for its strategic roadmap. The funds support the development of the platform over the next three years. The allocation receives strong community support, reinforcing decentralized governance. The dYdX Foundation is pleased to announce the successful allocation of $30 million in DYDX from the Community Treasury.

A nonprofit organization that supports the dYdX protocol has secured $30 million in DYDX (10.9 million DYDX) from the dYdX community treasury following the latest DAO vote.

dYdX's strategic shift from Ethereum to Cosmos results in surging trading volumes in January, data gathered by Binance Research shows.

Per the 2024 roadmap, dYdX plans to reduce friction caused by governance requirements for market listings, and also improve the software.

dydx, a firm that believes DeFi will “supersede traditional finance technology,” has published an updated roadmap for 2024. The decentralized exchange (DEX) states that during the year, it will focus on three different areas: Permissionless Markets, Core Trading Improvements, UX/Onboarding Upgrades.

TL;DR dYdX 2024: Financial Democratization: Leader in DeFi, dYdX announces plan to democratize access to financial opportunities. Innovation in DeFi: Focused on Permissionless Marketplaces, Efficient Commerce and UX Improvements. Drive towards Simplification: Target click-to-list marketplaces, business improvements and UX, reaffirming leadership in DeFi.

dYdX Foundation's bold $30M budget proposal secures an overwhelming 98% approval.

With the growing demand for decentralized finance, some DeFi cryptocurrencies can show great growth potential.

$760 million worth of tokens from dYdX, Aptos, The Sandbox, and Avalanche will flood the market this month.

dYdX, a decentralized exchange (DEX), will unlock over 33 million DYDX worth approximately $90 million on February 1. This significant token unlock is the second event in the last week, following a previous unlocking on January 23.

dYdX, a foundation that aids decentralized crypto exchange, has appealed for $30 million in funds from the significant project's governing Decentralized Autonomous Organization [DAO]. These funds will be expended for more than 3 years. Through this, the foundation has made a strategic move to lever up its trading platform with required development initiatives.

The dYdX Foundation, the foundation that supports decentralized exchange dYdX, has requested $30 million in funding from the project's governing decentralized autonomous organization.

Switzerland-based dYdX Foundation, the supporting entity behind the decentralized crypto exchange dYdX, has requested $30 million from the project's decentralized autonomous organization (DAO). The requested funds are intended to be allocated for the next three years.

The dYdX Foundation introduces liquid staking on its blockchain in partnership with Stride, enhancing staking options in the Cosmos Ecosystem. Stride is recognized as the leading liquid staking provider in the Cosmos Ecosystem, bringing substantial expertise to this initiative.

The Foundation wants to preserve an 18 month runway through at least mid-2026.

The dYdX Foundation has announced the integration of liquid staking on its blockchain, starting with a collaboration with Stride, a leading liquid staking provider in the Cosmos Ecosystem. This move marks a pivotal step in expanding the utility and accessibility of the dYdX chain.

The dYdX Chain, known for its pivotal role in decentralized finance (DeFi), has substantially upgraded to version 3.0. This latest iteration marks a noteworthy expansion in its capabilities, chiefly by introducing liquid staking on its Cosmos-based network.

The dYdX Foundation has revealed it will launch liquid staking on the dYdX chain today with Stride, the most popular liquid staking provider in the Cosmos Ecosystem.

Stride will initially offer liquid staking services, with Persistence and Quicksilver adding further liquid staking support for dYdX Chain.

In a recent market analysis, crypto analyst at AM Crypto has opened up about Bitcoin's current upward trajectory while also discussing the resurgence of altcoins as a pivotal focus. The potential for major gains in the coming days and weeks has caught the analysts' attention, urging investors to monitor developments closely.

Decentralized cryptocurrency exchange dYdX is hotter than ever, beating Uniswap v3 Ethereum in volume—and the charts back the hype.

The DYDX token, the native token of the decentralized trading platform dYdX Chain, is trading above $3 for the first time this year after the platform became the largest DEX by daily volume.