According to @dydxfoundation, across all protocol versions dYdX has facilitated over $1.52 trillion in cumulative trading volume. source: dYdX Foundation on X, Oct 24, 2025. It has generated over $62 million in fees that are shared with stakers in USDC, with no inflationary emissions. source: dYdX Foundation on X, Oct 24, 2025. The foundation states these metrics reflect ongoing progress toward a performant, transparent, and sustainable on-chain trading ecosystem. source: dYdX Foundation on X, Oct 24, 2025.

According to @peterhch, more crypto wallets are likely to integrate Hyperliquid’s perpetual futures DEX to monetize their existing user bases, citing Phantom Wallet’s revenue results from its Hyperliquid integration as the driver (source: @peterhch on X, Aug 28, 2025). For traders, the immediate watchpoints are new in-wallet perp launches, fee-sharing disclosures, and shifts in Hyperliquid perp market activity that could signal redirected order flow and liquidity concentration (source: @peterhch on X, Aug 28, 2025). Any confirmed wallet integrations would serve as near-term catalysts for Hyperliquid’s perps depth, spreads, and funding dynamics across listed markets (source: @peterhch on X, Aug 28, 2025).