1/ It took 6 months for @dydxprotocol's L2 offering to eclipse @coinbase in daily trading volumes.
dYdX recently shut down its L1 offering and is doubling down on perpetuals by expanding beyond its current 28 markets.
It is also one of the most liquid exchanges in crypto.
dYdX recently shut down its L1 offering and is doubling down on perpetuals by expanding beyond its current 28 markets.
It is also one of the most liquid exchanges in crypto.
2/ Powered by @StarkWareLtd's StarkEx platform, @dydxprotocol is an app-specific rollup.
The code is customized to the needs of dYdX, and optimized to the extent that is possible.
What does this performance give you?
Everything you expect from the best CEXs, yet non-custodial.
The code is customized to the needs of dYdX, and optimized to the extent that is possible.
What does this performance give you?
Everything you expect from the best CEXs, yet non-custodial.
3/ In the last few weeks, daily volumes on @dydxprotocol alone are almost reaching $5B.
dYdX is quickly climbing the leaderboard in terms of open interest and is the only DEX to do so.
The relative open interest compared to other exchanges is indicative of its rising position.
dYdX is quickly climbing the leaderboard in terms of open interest and is the only DEX to do so.
The relative open interest compared to other exchanges is indicative of its rising position.
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