dYdX Chain becomes largest DEX in terms of volume

By dYdX
Jan 18, 2024, 6:04 PM
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Photo by dYdX

dYdX Chain has become the largest decentralized exchange (DEX) in the world by trading volume, reaching over $930 million in 24-hour trading volume.​ However, dYdX products are currently unavailable to US/restricted persons.​ Furthermore, it should be noted that dYdX doesn't operate or control dYdX Chain infrastructure, which is owned and operated by the @dydx_ops_subdao.​ The @dydx_ops_subdao is an independent third-party and is not affiliated with dYdX.​

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dYdX Chain launched by the @dydx_ops_subdao !! 🥳🎊🎉 Check out the details below:

dYdX Ops subDAO
dYdX Ops subDAO
@dydx_ops_subdao

The dYdX Chain has officially launched 🎉 At 17:00 UTC today, dYdX Chain Validators created the Genesis block of the dYdX Chain 📢The dYdX Operations subDAO public front-end for bridging is set to go live on October 30, 2023 (subject to confirmation) dydxopsdao.com/blog/dydx-chai…

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Now you can see analytics/data in real time from dYdX Chain 🧠 Shoutout to @chaoslabs for furthering accessibility and transparency for our open-source software. dydx.trade

Chaos Labs
Chaos Labs
@chaoslabs

1/ Chaos Labs is excited to introduce the dYdX Chain Analytics and Risk Monitoring Portal! This platform is a pivotal piece in our ongoing efforts to support the @dydx community in the launch of the dydx Chain and the Launch Incentives Program.

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The Alpha period for the @dydx_ops_subdao (DOS) dYdX Chain is now live 🍎 The Alpha period will consist of bridging & staking while the security and efficacy of the chain is confirmed by the DOS. See more details here:

dYdX Ops subDAO
dYdX Ops subDAO
@dydx_ops_subdao

After the successful launch of the dYdX Chain yesterday at 17:00 UTC, we are in the Post Genesis Phase & this involves two crucial stages; 🔒Alpha - Network Gains Security 🖥️ Beta - Limited Trading Enabled In this 🧵 we deep dive on the Alpha Stage dydxopsdao.com/blog/dydx-chai…

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The Beta period for the dYdX Chain run by the dydx_ops_subdao is here! 🔥🔥 Traders can now start trading on the dYdX Chain in a limited capacity. Try it out: dydx.trade

dYdX Ops subDAO
dYdX Ops subDAO
@dydx_ops_subdao

The Beta Stage is live on dydx.trade 🎉 After the dYdX community voted to transition to the Beta Stage, the dYdX Chain now offers 📊 Perpetual Trading in 33+ Markets 🤝 Trading Fees accrue to Validators and Stakers Read the blog 👇 dydxopsdao.com/blog/dydx-chai…

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See here for updates on dYdX Chain Launch Incentives program from @chaoslabs 👇👇👇

Chaos Labs
Chaos Labs
@chaoslabs

1/ dYdx Launch Incentives Program Mid-Season Update 🥇 🥈 🥉 On November 28th, 2023, the @dYdX community voted to transition the dYdX Chain to full trading. This enabled the transition to staking rewards, trading rewards, and the launch of the 6-month launch incentive program.

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Read more about dYdX

dYdX Adds PHA Trading Market for Phala Network

dYdX has launched a new trading market for **$PHA** (Phala Network) on its platform. **Key Details:** - Users can now trade PHA-USD pairs through the [dYdX markets page](https://dydx.trade/trade/PHA-USD?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial) - This follows recent additions of XDC Network and SAPIEN markets in May - The launch expands dYdX's available trading pairs for decentralized exchange users Phala Network joins the growing list of tokens available for trading on the dYdX decentralized exchange platform.

dYdX Opens Builder Codes Program to All Developers

dYdX Opens Builder Codes Program to All Developers

dYdX has launched **Builder Codes**, a transparent program that allows developers to earn revenue on every trade fill without whitelists or gatekeeping. **Key features:** - Integrate dYdX perpetual contracts into applications - Route orders onchain and earn fees on each fill - Fully transparent with no approval process required - Projects that ship notable integrations may receive official spotlights from dYdX The program aims to expand dYdX's ecosystem by incentivizing developers to build trading interfaces, bots, and tools on top of the protocol. Learn more: [dYdX Builder Codes](https://www.dydx.xyz/blog/builder-codes?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)

Foxify Trade Launches Funded Prop Trading Accounts on dYdX December 8th

Foxify Trade Launches Funded Prop Trading Accounts on dYdX December 8th

**Foxify Trade is launching FUNDED on dYdX December 8th**, bringing professional prop trading features to the decentralized exchange. **Key Features:** - Instant funded trading accounts - True A-Book execution model - On-chain reward payouts - No delays or traditional prop firm restrictions This integration represents a significant development for dYdX, combining traditional prop trading benefits with DeFi infrastructure. Traders will access funded accounts without the typical barriers found in centralized prop firms. The launch marks dYdX's expansion into institutional-grade trading tools while maintaining its decentralized nature.

dYdX Offers 50% Trading Fee Rebate Through Year-End

dYdX Offers 50% Trading Fee Rebate Through Year-End

**dYdX announces a 50% rebate on all positive trading fees** running from now through the end of 2025. - **No tiers or requirements** - all traders automatically receive the discount - Applies to all positive trading fees on the platform - Simple value proposition with no complex qualification criteria This follows dYdX's recent move to **double affiliate earnings to 30%** of taker fees from referred trading volume, showing continued focus on trader incentives. The rebate program runs until December 31st, providing immediate savings for active traders on the decentralized exchange.

SuperVerse Token Now Available for Trading on dYdX Exchange

**SuperVerse ($SUPER) has launched** on the dYdX decentralized exchange, joining the platform's growing list of community-driven token listings. Traders can now access SUPER-USD perpetual contracts through dYdX's trading interface. The listing follows recent additions including: - STBL (November 27) - B2 from BSquared Network (November 24) - MINA Protocol (November 18) - ALCX from Alchemix (November 14) **Important disclaimers:** dYdX emphasizes that launchable markets are community-driven and do not represent platform endorsement of projects. [Start trading SUPER-USD](https://dydx.trade/trade/SUPER-USD?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)

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