dYdX is a management token that allows the community to manage dYdX Layer 2. The token was deployed in Ethereum, its features are two strategies proposed by DeFi: short deals that allow you to profit from price cuts and loans with full collateral.

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Total trading volume on dYdX Chain has passed $1Bn🎉

Total trading volume on dYdX Chain has passed $1Bn.

Full trading on the @dYdX Chain launched 9 days ago !

tl;dr
📊 Over 1 Billion in trading volume
🙋🏽 Over 200k Staking Rewards in USDC
🔒 36M Staked DYDX
🌉 442.5M ethDYDX bridged
🤝 3 governance proposals passed

Source https://t.co/JmV1abeqzE

Full trading on the @dYdX Chain launched 9 days ago . Over 1 Billion in trading volume. Over 200k Staking Rewards in USDC.

With the launch of Full Trading, three different reward mechanisms are now enabled on the dYdX Chain;

1️⃣ Staking Rewards in USDC
2️⃣ Trading Rewards in DYDX
3️⃣ 6-month Launch Incentive Program proposed by @chaos_labs , 20M USD in DYDX

With the launch of Full Trading, three different reward mechanisms are now enabled on the dYdX Chain. Staking Rewards in USDC.

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