dYdX price dips as $505 million worth of tokens hit the market

Decentralized finance (DeFi) protocol dYdX unlocked 150 million tokens earlier today, leading to a nearly 5% drop in its price during the past day despite the broader positive trend in the crypto market.

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As dYdX unlocks 150M tokens, here's how whales reacted

dYdX has unlocked 150 million DYDX tokens. Three big whales who received some of the tokens have sent the same to Binance. In the early trading hours of 1st December, leading perpetual contrThe post As dYdX unlocks 150M tokens, here's how whales reacted appeared first on AMBCrypto.

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dYdX To Unlock $478M Worth Of Tokens, Will Bears Have A Field Day?

On December 1, dYdX, the layer-2 decentralized exchange, will unlock 150 million DYDX worth roughly $478 million to early investors and core team members. This substantial unlock has raised concerns among investors, who fear the influx of fresh tokens could substantially increase supply.

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DYDX to unlock millions of tokens in December - Should traders be cautious?

During the last token unlock, DYDX’s price action did not turn bearish. DYDX was down by more than 4% in the last 24 hours, and negative sentiment around it was dominant. Dydx [DYDX] is exThe post DYDX to unlock millions of tokens in December - Should traders be cautious? appeared first on AMBCrypto.

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DYDX Pumps Ahead of Massive $500M Token Unlock

DYDX, the native token of the newly released eponymous chain and decentralized exchange, has risen by more than 20% in the past 24 hours, just 16 days before more than $500 million worth of the tokens will be released to early investors and core team members.

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dYdX Community Votes on V4 Upgrade Proposal as $14 Million Worth of Tokens Unlock

The dYdX community unanimously votes for the Wintermute proposals, including the adoption of dYdX V4 software, and a $14 million token unlock is imminent. The post dYdX Community Votes on V4 Upgrade Proposal as $14 Million Worth of Tokens Unlock appeared first on BeInCrypto.

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DYdX to unlock 6.52M tokens worth $14M for community treasury, rewards

Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury, which funds contributor grants, community initiatives and liquidity mining, among other programs.

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Perfect Storm Brewing for Crypto Markets as dYdX, ARB & APT Unlocks Coincide With FTX and Gov Sales

As the year draws to a close, the cryptocurrency market is bracing for significant changes. Several major assets are set for large unlocks, potentially flooding the market with billions of dollars worth of tokens.

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Defi over CeFi? Rising interest in Uniswap and dydx state that...

Decentralized exchanges and derivatives markets like Uniswap and dydx experience a surge in trading volume and fees. However, the tokens of both these protocols do not see much growth. Whale inThe post Defi over CeFi? Rising interest in Uniswap and dydx state that... appeared first on AMBCrypto.

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Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations

The surge in DYDX comes as the SEC alleges BNB and BUSD – tokens belonging to centralized exchange Binance – are unregistered security offerings.

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Tradecurve (TCRV) Seems Set to Moon Whilst dYdX (DYDX) and Other DeFi Tokens Decline

The DeFi ecosystem has suffered a huge price blow recently. According to data from Coinmarketcap, DeFi tokens have seen an average price decline of 20% in the last 24 hours. While the prices of most cryptocurrencies continue to tumble, Tradecurve.

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As dYdX garners massive whale attention, what's brewing for the token?

-Whales actively accumulated dYdX tokens, as shown by a steady increase in their holdings since March. -The token's supply on exchanges declined, and dYdX appeared to be on an upward trend. AlthThe post As dYdX garners massive whale attention, what's brewing for the token? appeared first on AMBCrypto.

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First Mover Asia: Bitcoin Holds Above $28K as Investors Await Fresh Productivity, Jobs Data

ALSO: Sam Reynolds writes that decentralized-focused tokens, including LDO and DYDX, were the quarter's best performers. Their gains came as U.S. regulators ratcheted up their scrutiny of centralized exchanges. Major cryptos are in the red.

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1 Billion DYDX Tokens Released: Examining the Potential Impact on Price

The dYdX Foundation has issued a governance token called DYDX to govern its Layer 2 protocol on the blockchain. The token will be accessible over five years and is subject to transfer restrictions enforced through off-chain agreements.

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DYDX Token Surges as Unlock Gets Delayed Until December

Next month's 150 million token unlock has been reduced, with 83 million tokens allocated to investors being locked until December.

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Justin Sun takes loss and sells Curve DYDX and GAL

Tron (TRX) founder Justin Sun sold a significant number of Curve (CRV) DyDx (DYDX) and Galxe (GAL) tokens.

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Best 3 DEX tokens to buy in July: DYDX, UNI, BAL

Decentralized Exchanges (DEX) have had a strong recovery in the past few weeks as…

The post Best 3 DEX tokens to buy in July: DYDX, UNI, BAL appeared first on CoinJournal.

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Best decentralized finance (DeFi) tokens any investor should get

Numeraire NMR/USD, dYdX DYDX/USD, and API3 API3/USD are some of the best decentralized finance (DeFi) tokens you can get on July 5. On June 27, 2022, Numerai announced that James Elford, an Engineer at the project, will present the London Numerai Meetup.

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DeFi tokens that will get you into the world of decentralized finance

Coin98 C98/USD, UMA UMA/USD, and Wanchain WAN/USD are all solid decentralized finance (DeFi) tokens that you can pick from as of June 17, 2022. On June 16, 2022, Coin98 announced that the cryptocurrency was added to dYdX’s official list of wallets which boosted all user access to a robust as well as professional exchange for […] The post DeFi tokens that will get you into the world of decentralized finance appeared first on Invezz.

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Yet Another Balancer Attack for ‘Unclaimed’ COMP; DeFi Liquidity Provider to Reimburse Hack Victims

It hasn't been 24 hours since the news about a $500,000 hack on Balancer came that a new attack has claimed $2,300 worth of the hot Compound tokens (COMP). Hao, a hacker and engineer at DeBank, a DeFi wallet took to Twitter to share how this time as well, someone used Andreessen-funded dYdX to flash […]

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Coinbase Introduces USDC Bootstrap Fund To Support DeFi Projects; Investing $2M In Compound & dYdX

Coinbase has introduced a new initiative dubbed USDC Bootstrap Fund and just as the name suggests, the firm intends to boost developers with a fund in terms of USDC tokens. In a blog post, the crypto exchange said that the new fund will be used to enhance developments of decentralized finance (DeFi) protocols. The new […]

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Wrap Your Head Around This: BTC Is Now Featured as a Token on Ethereum

It happened: Bitcoin is now an Ethereum token. Wrapped Bitcoin (WBTC), an ERC-20 token with a 1-1 peg to bitcoin, went live on the Ethereum network on the final day of January, “the first token that makes Bitcoin compatible with the Ethereum chain,” its architects say.

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Short Ether (sETH) Is Now Available on Radar Relay

According to a post on the Radar Relay Medium, Short Ether or sETH, the first short token, is now available for trading on Radar Relay. sETH is a short position in Ethereum abstracted in an Ethereum token built on the dYdX protocol.

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Radar Relay Ether Coin Trading Platform Introduces dYdX Protocol ETH Short Token

Radar Relay is a wallet-to-wallet decentralized platform used for trading ETH (Ethereum) based tokens. Currently, it is the only relay platform that is able to support the sETH (short Ethereum) trading through the use of a non-custodial venue.

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Radar Relay now offering dYdX protocol Ether (ETH) short token

CryptoNinjas Radar Relay, the wallet-to-wallet decentralized trading platform for Ethereum-based tokens, is the first relayer to support short Ethereum (sETH) trading on a noncustodial venue.

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dYdX Protocol’s “expo” Enables a new Way to Margin Trade on Ethereum’s Blockchain

Ethereum-based blockchain project, dYdX, is developing open-source protocols for decentralized margin and derivatives trading for cryptocurrencies. The project’s first platform, expo, will enable trustless margin trading for Ethereum tokens.

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