List of Flash News about dYdX vote
Time | Details |
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06:13 |
dYdX Launches On-Chain Vote to Adjust Short-Term Order Rate Limits: What Crypto Traders Need to Know
According to dYdX Foundation (@dydxfoundation), the dYdX community has initiated an on-chain vote to determine whether short-term order rate limits should be adjusted, with voting open until May 16, 2025 at 06:29 UTC. This proposal could directly affect trading strategies, including high-frequency trading and arbitrage, as order rate limits influence execution speed and market liquidity. Traders are advised to monitor the vote outcome closely, as any change could impact dYdX liquidity, slippage levels, and overall trading conditions on the decentralized derivatives platform (Source: @dydxfoundation, mintscan.io/dydx/proposals). |