🥲 @dYdX The total trading volume of the entire protocol has exceeded $270 billion, with a cumulative trading volume reaching $1.46 trillion. This figure demonstrates the vitality and potential of dYdX.
Launching in November this year, dYdX Unlimited is a major move, bringing two significant features: instant market launch and MegaVault. The instant market launch allows the community to create new markets themselves, and in just a few months, over 50 new markets have been launched, showcasing the strength of this decentralized power.
MegaVault is a next-generation liquidity tool, locking over $79 million USDC within 6 weeks of its launch, with an end-of-year APY exceeding 40%. This indicates that the product is very appealing to users and provides deeper liquidity support for the overall market.
These two innovations not only diversify the tradable assets but also further solidify dYdX's leading position in the decentralized perpetual contract space. It feels like dYdX is no longer just a trading platform; it is building an ecosystem and a community-driven future.
The key is that it has a leaderboard activity on @KaitoAI, and the project on @arbitrum is also very popular. You can also pay attention to $ENERGY $SHOUT $Bane $Chao $BOOM $666 on @shoutdotfun.
Show original
41.74K
461
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.