dYdX coin has experienced significant news coverage recently. The decentralized exchange (DEX) has witnessed both ups and downs, such as a
30% surge in price, but also layoffs of 35% of the team. CEO Antonio Juliano was reported to step down as the CEO and was taken over by Ivo Crnkovic-Rubsamen. However, Juliano still seems to be in the full 'founder mode'. A series of the latest upgrades have been introduced, one of them allowing permissionless listings. The
DEX continued its innovations with plans to debut in
perpetual futures prediction markets. In addition, the platform introduced Trump election perpetual trading and TRUMPWIN-USD prediction market. The exchange found itself in a controversy after its v3 platform was compromised, leading to sale rumors.It is noteworthy that
dYdX has recently launched its 5.0 blockchain version, bringing several advanced features. The changes also include a significant expansion of access with a Phantom Wallet Integration. A considerable trading volume of $41 billion has attracted a lot of stakers to its platform. The
DEX has projected a bullish outlook, registering itself among the top-performing altcoins, despite the downsizing. Furthermore, the dYdX community approval for a revenue-sharing proposal shows promising signs for the future of the coin.
DYDX Coin News Analytics from Wed, 08 Sep 2021 07:00:00 GMT to Tue, 31 Dec 2024 02:45:42 GMT -
Rating 3
- Innovation 6
- Information 9
- Rumor 7
