List of Flash News about dYdX Chain
Time | Details |
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2025-08-05 09:01 |
dYdX Foundation Launches Real-Time dYdX Chain Data Infrastructure for Enhanced Trading and Analytics
According to @dydxfoundation, the organization is building new infrastructure to index real-time dYdX Chain data, standardize raw data into platform-compatible formats, and provide ongoing maintenance based on protocol upgrades. This integration is expected to improve data accessibility and reliability for trading platforms, offering traders enhanced analytics and faster execution. The move positions dYdX for broader adoption in the DeFi derivatives market, supporting more efficient trading strategies and increased liquidity. Source: @dydxfoundation. |
2025-07-29 07:42 |
dYdX Foundation Awards $240,000 Grant to Cosmostation for Enhanced dYdX Chain Support on Mintscan in 2025
According to @dydxfoundation, Cosmostation was granted $240,000 in January 2025 to extend and upgrade advanced dYdX Chain (DYDX) functionality on the Mintscan explorer for another 12 months. The funding ensures robust infrastructure across both mainnet and testnet, supporting reliable transaction tracking and analytics for traders. This infrastructure upgrade is expected to enhance transparency and accessibility for dYdX Chain users, which could positively impact DYDX trading activity and liquidity according to @dydxfoundation. |
2025-07-25 09:35 |
dYdX Chain Reports 71,690 DYDX Holders and $2.52M in Buybacks: Token Usage and Growth Analysis
According to @dydxfoundation, the dYdX Chain has reached 71,690 DYDX token holders, with a cumulative 4.07 million DYDX repurchased through buybacks amounting to $2.52 million in total value. This data highlights the ongoing growth in real on-chain usage, an increase in community participation, and the effectiveness of dYdX’s capital-efficient buyback program, which are all positive signals for traders monitoring DYDX liquidity and demand. Source: @dydxfoundation. |
2025-07-21 14:00 |
DYDX Token Evolution: From Ethereum Governance to a Sovereign Cosmos Layer 1 Chain
According to the dYdX Foundation, the DYDX token has undergone a fundamental architectural shift, which is critical for traders to understand. Originally an Ethereum-based governance token for the dYdX v3 protocol, the DYDX token migrated to its own sovereign Layer 1 blockchain, the dYdX Chain, following a governance vote in 2023. The source states that this new chain is built with the Cosmos SDK and secured by a decentralized validator set, transforming DYDX from an ERC-20 token into the native asset of a dedicated blockchain. This change directly impacts the token's utility, staking mechanisms, and long-term valuation proposition. |
2025-07-21 14:00 |
dYdX (DYDX) Staking Rewards Model Explained: USDC Payouts and No Inflation
According to dydxfoundation, the dYdX (DYDX) token model has a distinctive staking mechanism where rewards are not paid through inflation by minting new tokens. Instead, staking rewards are funded entirely by protocol activity, primarily from trading and transaction fees. A key feature for traders and stakers is that these rewards are paid out in USDC, not the native DYDX token, which prevents the dilution of the token supply. Consequently, the Annual Percentage Rate (APR) is dynamic, fluctuating directly with the real usage and trading volume on the protocol, reflecting a yield based on actual economic activity. |
2025-07-21 14:00 |
dYdX Foundation Outlines Core Utilities of the DYDX Token on the dYdX Chain
According to dYdX Foundation, the DYDX token is now natively integrated into the core functionality of the dYdX Chain, providing tangible utility for holders. The token is used for securing the network, as it is staked with validators to support consensus. For traders and investors, holding and staking DYDX grants governance rights, allowing them to propose and vote on on-chain decisions. Furthermore, staking DYDX provides a direct yield opportunity, as fees generated from trading and network transactions are distributed to stakers. The token also plays a role in capital allocation, where governance can direct funds to dYdX DAO contributors for protocol development. |
2025-07-21 14:00 |
dYdX (DYDX) Tokenomics: A Deep Dive into its Non-Inflationary Design on the dYdX Chain
According to dYdX Foundation, the DYDX token's architecture on the dYdX Chain was intentionally designed to be non-inflationary and compliant from its inception, rather than being retrofitted. For traders and investors, this design is significant as it minimizes token emissions and avoids reliance on inflationary mechanics, which can support long-term value. The foundation also highlights a commitment to transparency through governance forums, public dashboards, and real-time tracking tools, providing market participants with critical data for analysis. |
2025-07-18 08:39 |
dYdX Chain Weekly Update: 306M DYDX Staked with 3.57% APR Highlights Ecosystem Growth
According to dYdX Foundation, the dYdX Chain is demonstrating strong ecosystem metrics this week. There are currently 306.65 million DYDX tokens staked, offering investors an approximate 3.57% annual percentage rate (APR). The protocol has distributed a total of $53.1 million in USDC to the community. Additionally, the total number of DYDX token holders has reached 71,100, with 17,773 of them actively staking, indicating sustained community engagement and network security. |
2025-07-15 09:55 |
dYdX (DYDX) Ecosystem Explodes: Token Holder Count Surpasses 70,700 in Rapid Growth Spurt
According to dYdX Foundation, the dYdX Chain now boasts over 70,700 holders of its native DYDX token. This marks a significant increase of more than 2,100 new holders in just three days, as a recent Semi-Annual report from the foundation had cited 68,600 token holders. For traders, this rapid expansion of the holder base signals growing adoption and community alignment within the dYdX ecosystem, which could positively influence the token's market sentiment and liquidity. |
2025-07-15 09:31 |
dYdX Chain (DYDX) Experiences Rapid Growth, Adding Over 2,000 Token Holders in 3 Days
According to dYdX Foundation, the dYdX Chain has seen a significant increase in its user base, with the number of DYDX token holders growing from 68,600 to over 70,700 in just three days. This rapid growth of over 2,100 new holders suggests a strengthening ecosystem, characterized by an increase in traders, stakers, and overall community alignment, which can be a positive indicator for traders monitoring network activity and potential price momentum. |
2025-07-11 11:39 |
dYdX Community Approves Proposal to Permanently Shut Down wethDYDX Bridge to dYdX Chain
According to the dYdX Foundation, the dYdX community has successfully passed Proposal #259, resulting in the final cessation of support for the wethDYDX smart contract bridge on the dYdX Chain side. Effective immediately, wethDYDX tokens can no longer be bridged to the dYdX Chain as the bridge is now fully deprecated. This governance decision directly impacts the tokenomics and interoperability of DYDX, requiring traders and holders to adapt to the new on-chain reality. |
2025-06-13 16:14 |
dYdX Community Vote Ends Support for wethDYDX Bridge: Immediate Impact on ethDYDX to DYDX Conversion
According to @dydxfoundation, the dYdX Community has passed a vote to cease support for the wethDYDX Smart Contract, also known as the Bridge. As a result, ethDYDX holders are no longer able to convert their ethDYDX tokens to DYDX on the dYdX Chain. Any ethDYDX tokens sent to the wethDYDX Smart Contract will now be permanently locked. This development creates an immediate halt in token migration, causing potential liquidity changes and affecting trading strategies involving DYDX and ethDYDX tokens. Traders should reevaluate their positions and monitor liquidity pools closely as the bridge functionality is now disabled. Source: @dydxfoundation (June 13, 2025). |
2025-06-03 09:00 |
dYdX Chain Community Approves Validator Reduction to 50: Key Impact on Crypto Trading and Security
According to dYdX Foundation (@dydxfoundation), the dYdX Chain community has officially passed a proposal to reduce the maximum number of active validators to 50. This adjustment is expected to streamline network operations and could impact staking rewards, validator competition, and overall chain security. Traders should closely monitor potential effects on DYDX token liquidity and decentralization, as validator set changes may influence governance and network participation rates (Source: dYdX Foundation Twitter, June 3, 2025). |
2025-05-30 08:28 |
dYdX Chain On-Chain Vote: Proposal to Reduce Maximum Validators from 60 to 50 and Its Impact on Crypto Trading
According to dYdX Foundation on Twitter, an on-chain vote has been initiated to decide whether the maximum number of validators on dYdX Chain should be reduced from 60 to 50 (source: @dydxfoundation, May 30, 2025). This governance proposal, if passed, could increase validator concentration and potentially enhance network security but may also impact decentralization. Traders should monitor this vote closely, as changes in validator structure could influence network performance, transaction speeds, and overall confidence in dYdX's decentralized exchange ecosystem, potentially affecting DYDX token volatility and liquidity (source: dydx.forum/t/drc-reduce and mintscan.io/dydx/proposals). |
2025-05-12 07:16 |
dYdX CEO Charles d'Haussy Shares Key Insights: dYdX Chain Volume Surges 120%—Implications for DeFi Trading
According to Charles d'Haussy (@charlesdhaussy) on Twitter, the dYdX Chain has experienced a 120% increase in trading volume over the past week, signaling robust growth in decentralized derivatives trading. This surge, as reported on May 12, 2025, highlights increasing trader migration from centralized exchanges to DeFi platforms, impacting liquidity dynamics and potentially boosting DYDX token demand. Traders are advised to monitor dYdX ecosystem developments closely for potential volatility and price action in both DYDX and related DeFi tokens. Source: Charles d'Haussy Twitter, May 12, 2025. |
2025-05-06 08:11 |
dYdX Governance to Close Ethereum Bridge: Urgent Migration Required for $ethDYDX Holders
According to Charles d'Haussy (@charlesdhaussy), dYdX governance has officially decided to close the bridge connecting $ethDYDX on Ethereum to the native dYdX chain. This action requires $ethDYDX token holders to migrate their assets promptly to the dYdX chain, as future transfers across the bridge will be disabled (source: Twitter, May 6, 2025). Traders should monitor migration deadlines closely and anticipate potential short-term volatility in both $ethDYDX and $dydx chain assets. This decision could affect liquidity and trading volumes on Ethereum-based platforms, with implications for DeFi users and arbitrage strategies reliant on cross-chain flows. |
2025-01-21 12:03 |
dYdX Chain Scheduled for Software Upgrade to v8.0
According to dYdX Foundation (@dydxfoundation), the dYdX Chain will undergo a significant software upgrade to version 8.0 at block 35,602,000, expected on January 23, 2025, at 03:25 UTC. This upgrade was approved via Proposal 202 by the dYdX Community on January 21, 2025. Traders and validators are advised to prepare to ensure smooth operations and avoid disruptions. |
2025-01-21 12:03 |
dYdX Chain Software Upgrade to v8.0 Scheduled for January 23, 2025
According to @dydxfoundation, the dYdX Chain will undergo a software upgrade to version 8.0 on block 35,602,000, expected to occur on January 23, 2025, at 03:25 UTC. This upgrade was ratified by the community through Proposal 202 on January 21, 2025. Traders and validators are advised to prepare to prevent any disruptions in trading activities. |
2024-10-22 13:09 |
Nethermind's Analysis and Proposals for dYdX Chain and $DYDX Tokenomics
According to dYdX Foundation, NethermindEth has released a comprehensive report analyzing the dYdX Chain and the $DYDX tokenomics. This report includes several proposals aimed at enhancing the ecosystem, such as protocol revenue sharing and modifications to trading rewards. These proposals are designed to improve the economic incentives for participants and stakeholders within the dYdX network. Traders and stakeholders are encouraged to engage in discussions on these proposals in the dYdX forum. |
2024-08-16 05:06 |
dYdX Community Voting on Adding $PAXG to dYdX Chain
According to @dydxfoundation, the dYdX community is currently voting on whether to add $PAXG (Paxos Gold) to the dYdX Chain. The on-chain vote will conclude on August 19, 2024, at 22:24 UTC. Traders should monitor the outcome as it may impact trading opportunities and liquidity for $PAXG on the dYdX platform. |