A series of events and updates have occurred in the
dYdX platform, the crypto platform details crucial happenings. First, the company CEO has announced the layoff of
35% of their workforce. Interestingly, despite this significant cut, the
dYdX token price has risen by
5%. The company has also unveiled its intention to launch
Perpetual Futures on Prediction Markets to broaden its profile significantly. A sale is also being explored for the platform's derivative trading arm. Despite undergoing apparent
DNS attack, the
dYdX v3 website was recovered and users were notified about the situation. The platform's expansion continued with the integration of $DYDX into
MetaWin and a major chain upgrade. It also added new features such as
permissionless market listing and other
security features. In addition, the platform's utility was extended to the
Phantom Wallet and the
Keplr Wallet, thus boosting user access. The transition from v3 on Ethereum to
dYdX Chain and the
Upcoming Unlimited Launch were among the other updates. Above all, the platform's trading volume has reached $
41bn with an increased customer base.
DYDX Coin News Analytics from Fri, 15 Oct 2021 07:00:00 GMT to Wed, 30 Oct 2024 10:38:04 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 2
