dYdX's move into prediction markets could significantly boost DeFi's appeal and market share by offering unique, leveraged trading opportunities. The post dYdX prepares to bring perpetual futures to prediction markets appeared first on Crypto Briefing.

dYdX is expanding into prediction markets with perpetual futures, introducing permissionless market listings. CEO Charles d'Haussy emphasizes the need for distinct features in DeFi.

Decentralized finance needs to develop a unique offering relative to centralized venues, dYdX Foundation CEO Charles d'Haussy said.

Decentralized Finance (DeFi) activity might be falling as of early September. According to DeFiLlama, all DeFi protocols spread across major blockchains like Ethereum and Solana manage roughly $77 billion worth of assets.

This innovative tool aims to offer projects a competitive edge, directly challenging Meteora's Dynamic Pools, which have gained traction in the space. “Burn & Earn” offers token teams a way to secure liquidity while continuously earning trading fees.

dYdX has announced the integration of the Keplr Wallet, allowing over 1 million users to access its decentralized trading platform across more than 130 markets. This collaboration between dYdX Chain and Keplr simplifies the onboarding process, letting users connect their wallets and start trading in just three clicks.

Keplr's integration with dYdX will allow Keplr users to interact directly with dYdX's decentralized trading platform while retaining full control of their assets.

Gigacat ($GCAT) has become the latest cat-themed meme coin to launch on Raydium, a Solana-based decentralized exchange.

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.

The crypto market has been trading mixed lately, but amidst the chaos, Solana has emerged as a standout performer. Over the last 18 months, Solana has consistently outpaced other blockchains, even surpassing Ethereum in several key metrics.

dYdX has embarked on a recovery push amid growth in buying pressure, but a cluster of sell orders threatens its potential for further rise.

Despite the top names like Bitcoin and Ethereum struggling for a bounce back, the altcoins are back in action. Amid the top performers, the DyDx price trend teases a breakout run for a high-momentum bull run worthy of igniting FOMO among traders.

The cryptocurrency landscape is proving to be a mixed bag. While some digital assets are experiencing bullish momentum, others like DYDX are enduring significant price setbacks.

Amidst the increasing broader market volatility, altcoins maintain a polarizing approach. While some ride the bullish highway, altcoins like DYDX have witnessed a massive price drop over the weeks. As the downtrend continues, the following support levels are potential buying spots to capture the bottom.

The integration enhances user access to secure, efficient staking, bolstering participation in the blockchain ecosystem and expanding market reach. The post P2P.org integrates with Leap Wallet, enables users to stake DYDX and TIA appeared first on Crypto Briefing.

Decentralized finance platform dYdX has announced major updates coming this fall, marking the platform's most significant upgrade since its inception.

Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch.

TL;DR New Update: dYdX Chain will launch the dYdX Unlimited upgrade this fall, allowing for market listing without governance approval. MegaVault: MegaVault, a liquidity pool, is introduced that will allow users to deposit USDC to provide liquidity and share in protocol revenue.

dYdX announces updates to its chain, including a master liquidity pool that will provide liquidity for all markets across its network.

Decentralized Finance (DeFi) protocol dYdX has announced a major upgrade coming to its Chain. The launch is scheduled for later this autumn and will bring a suite of new features to the protocol.

The dYdX Chain update adds permissionless market listing and MegaVault for better liquidity.

Decentralized exchange dYdX ($DYDX) will release a significant upgrade this autumn, introducing features like permissionless market listing, MegaVault, and permissioned keys.

dYdX chain plans to allow users to list a wide range of token markets without asking for governance approval.

dYdX announces the fall release of dYdX Unlimited, introducing permissionless market listing, MegaVault, an affiliates program, and more.

dYdX Chain will integrate Skip Protocol's Market Map this month, enhancing market parameters and ensuring safety. Governance vote required.

Decentralised exchange (DEX) tokens have joined the rest of the crypto industry in a deep sell-off. Uniswap (UNI), the biggest DEX in the industry, has retreated to $5.56, down by over 66% from its highest point this year. Similarly, Raydium (RAY), the biggest Solana DEX, has dropped to $1.

dYdX announces MegaVault, a feature enabling USDC deposits for liquidity provision and yield generation, with automated market-making strategies across various markets.

It breaks significant support $0.2185 after a long consolidation. It lost more than 20% from the previous days close and hit a fresh all-time low.

TL;DR The dYdX community has approved the distribution of $5 million in $DYDX tokens for traders, as part of Season 6 of the Chaos Labs Launch Incentives Program. A vote was held to update the RNDR-USD market parameters and to upgrade the Chain software to version v5.2.0.

Solana has experienced a significant increase in on-chain activity and daily active addresses, driven by popular dapps like Raydium, Pump.Fun, and Jito.

TL;DR Meme Coin Mishap: Solana-based DEX Raydium attempted to launch a meme token called CTO via Twitter. However, another CTO token deployed by Makememe.now caused confusion, leading to a 75% drop in the official Raydium CTO meme token within 24 hours. User Frustration and Raydium's Response: Users expressed frustration after losing funds.

The decentralized exchange attempted to launch a meme token using Twitter tool makenow.meme, but things "didn't exactly go as expected."

Dapps like Raydium, Pump.Fun and Jito have been the top fee generators on the Solana blockchain, data shows.

Decentralized exchange Raydium launched a meme coin called CTO using a new crypto launchpad, but things didn't go according to plan.

Uniswap and Raydium saw outsized inflows of users as market optimism returned in July. Raydium continues to surpass bigger chains and protocols in terms of weekly fees.

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Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million.

Decentralized finance (DeFi) relies on the power of its users. dYdX, with its commitment to community governance, stands out as a prime example.

dYdX, a prominent crypto exchange, announced on July 23 that its version 3.0 website had been compromised.

dYdX's domain suffered multiple DNS hijacking attacks due to vulnerabilities in Squarespace's OAuth and account recovery protocols, highlighting broader security concerns.

The developer of the decentralized finance (DeFi) exchange dYdX is reportedly negotiating the sale of its derivatives trading software for an undisclosed amount.

dYdX price, a layer-2 decentralized exchange operating on a proof-of-stake blockchain, has experienced a notable price dip in the past 24 hours. The token is trading in a descending trend following market corrections, indicating a bearish trend.

Decentralized cryptocurrency exchange dYdX announced that one of its on-chain trading services had been compromised after an attacker installed a token-draining program on dYdX v3's official website.

This incident is part of a broader wave of DNS hijacking attacks targeting DeFi platforms that use Squarespace for domain management.

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TL;DR DYdX Website Restored After DNS Hijacking Attempt: On July 23, DYdX swiftly restored version 3.0 of its website following a DNS hijacking attempt. Users are advised to clear their cache and restart their browsers before visiting the site. Crypto Hacks in 2024: Hackers stole $542.

The exchange warned users to clear their browser's cache before visiting the website to avoid accidentally caching the compromised version.

dYdX's breach and WazirX's hack highlight crypto's security challenges, with DYDX declining over 4%.