The promise of DeFi has always been radical: a financial system owned by the people, for the people. To put it frankly. Most of the so-called “decentralized” projects out there are really just centralized startups with a little blockchain sprinkled around them. A revolution, or merely a new coat of...
Let's cut the chase: is staking dYdX going to make you rich? Probably not overnight. Is it utterly useless? Absolutely not. The reality, as is often the case with AVs, is a frustratingly nuanced in-between. So let’s get past the glitz and glamour to talk about the mechanics of dYdX...
dYdX (DYDX) has quickly become one of the most important projects in decentralized finance (DeFi) and continues to make big waves in the Ethereum ecosystem. As a decentralized margin trading and derivatives trading platform, it functions as a trading platform without the intervention of any intermediaries. This enables users to...
The dYdX token (ETHDYDX) is down 12.60% in the past week and has seen a significant decrease in value recently. This decline has turned it into one of the worst performers in the broader cryptocurrency market. It has a hard time even compared to the other tokens that exist in...
