dYdX
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DYDXUSDT 1W analysis update đ„
$DYDX
dYdX Update ~ 1W
#dYdX At 1W Time Frame, #dYdX Again, it was rejected from this resistance line. The best way for now. Buy gradually after breaking this resistance line with a Full Candel,. Or you can place a buy on this support block..
these two scenarios with a minimum target of 20%+
đšđš
đKeep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! đđž
Binance Square Family...â€ïžâđ„â€ïžâđ„
I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help.
I appreciate your support!
dYdX Update ~ 1W
#dYdX At 1W Time Frame, #dYdX Again, it was rejected from this resistance line. The best way for now. Buy gradually after breaking this resistance line with a Full Candel,. Or you can place a buy on this support block..
these two scenarios with a minimum target of 20%+
đšđš
đKeep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! đđž
Binance Square Family...â€ïžâđ„â€ïžâđ„
I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help.
I appreciate your support!
Sarita Stolinski Kw1t:
Look at the arrow in the picture, it goes to 6.9. Can it reach 6.9?
The Block reported that dYdX (DYDX), a decentralized cryptocurrency derivatives exchange, has launched the mainnet beta of its self-developed mainnet DYdX Chain based on Cosmos (ATOM). The mainnet supports trading using 20x leverage in 33 pools. Even in the beta stage, transaction fees generated on the chain are distributed to validators. dYdX plans to conduct updates through governance voting before the official launch of the mainnet in the future. The alpha mainnet version of dYdX Chain was initially launched on October 27th. đđ± #dYdX #DYDXChain #Cosmos #Cryptocurrency
$BTC #dYdX
The decentralized digital assets lending and borrowing project dYdX and Noble, an Open Financial Framework for cross-chain transfers are proud to announce their new initiatives. Circle, a leader in the stablecoin and transfer space, has created a CCTP (Circle Cross-Chain Transfer Protocol) integration with Noble and dYdX Chains. This technology will allow instant transfer of USDC from other networks to dYdX Chain, creating faster and more efficient cross-chain payments and transfers.
This new initiative is part of a larger initiative to make the world of transfer and payments faster and more efficient. On Nov. 3, Circleâs CCTP tech was available on Nobleâs testnet and will launch on the networkâs mainnet on Nov. 28. With this new innovation, customers will now be able to move USDC transfers from other networks to dYdX Chainâs layer one in a secure, trustless, and efficient manner. Moreover, the protocol introduces asset sovereignty for the user, meaning that all assets are always under the userâs control.
The dYdX team believes this new initiative will help to further financial inclusion and bridge the gap between traditional banking and the still young but rapidly growing world of digital assets. Moreover, this new initiative will help to unlock increased liquidity for dYdXâs products and services. Moving forward, Circle, Noble, and dYdX invite others in the blockchain space to be a part of this initiative, and create a more smooth, secure, and trustless environment for users.
The partnership between these three leaders in the blockchain space further affirms the potential of their technologies. With the launch of Circleâs CCTP in just a few weeks, it is only a matter of time before we begin to see the benefits of faster and more efficient transfers in the digital asset world.
The decentralized digital assets lending and borrowing project dYdX and Noble, an Open Financial Framework for cross-chain transfers are proud to announce their new initiatives. Circle, a leader in the stablecoin and transfer space, has created a CCTP (Circle Cross-Chain Transfer Protocol) integration with Noble and dYdX Chains. This technology will allow instant transfer of USDC from other networks to dYdX Chain, creating faster and more efficient cross-chain payments and transfers.
This new initiative is part of a larger initiative to make the world of transfer and payments faster and more efficient. On Nov. 3, Circleâs CCTP tech was available on Nobleâs testnet and will launch on the networkâs mainnet on Nov. 28. With this new innovation, customers will now be able to move USDC transfers from other networks to dYdX Chainâs layer one in a secure, trustless, and efficient manner. Moreover, the protocol introduces asset sovereignty for the user, meaning that all assets are always under the userâs control.
The dYdX team believes this new initiative will help to further financial inclusion and bridge the gap between traditional banking and the still young but rapidly growing world of digital assets. Moreover, this new initiative will help to unlock increased liquidity for dYdXâs products and services. Moving forward, Circle, Noble, and dYdX invite others in the blockchain space to be a part of this initiative, and create a more smooth, secure, and trustless environment for users.
The partnership between these three leaders in the blockchain space further affirms the potential of their technologies. With the launch of Circleâs CCTP in just a few weeks, it is only a matter of time before we begin to see the benefits of faster and more efficient transfers in the digital asset world.
Trending
Revolutionizing Cosmos: dYdX, Circle, and Noble Unveil Seamless USDC Transfers
In a groundbreaking collaboration, dYdX, in partnership with Circle and Noble, is set to transform the trading landscape within the Cosmos ecosystem. Through the integration of Circle's CCTP (Cross-Custody Transfer Protocol), this initiative promises to simplify USDC transfers, eliminating the need for custodial bridging. Launching on November 28, this development holds the potential to enhance the trading experience on Cosmos significantly. In this article, we'll provide a comprehensive tutorial on how this collaboration improves the trading experience, delve into the evolution of stablecoins like USDC since 2012, and share insights on the implications for the future growth of the Cosmos ecosystem.
Improving the Trading Experience on Cosmos:
Currently, within the #Cosmos ecosystem, protocols often use wrapped tokens to facilitate the trading of stablecoins like USDC. However, this process involves custodial bridging, which can be cumbersome and presents potential security concerns. With the integration of Circle's CCTP by dYdX, this collaboration aims to streamline USDC transfers, offering a more seamless and secure trading experience on Cosmos. Users can expect faster transactions and reduced complexities, allowing for a more efficient and user-friendly trading environment.
The Evolution of Stablecoins and Cryptocurrency Transactions:
To appreciate the significance of this collaboration, it's essential to understand the evolution of stablecoins like USDC and the transformative changes in cryptocurrency transactions since 2012. Stablecoins, pegged to fiat currencies like the US dollar, provide a stable value, bridging the volatility gap often associated with cryptocurrencies. Since 2012, stablecoins have become integral to the crypto ecosystem, offering a reliable means of transacting value and serving as a gateway for broader adoption.
The Future of Cosmos Ecosystem Growth:
The integration of Circle's CCTP by dYdX not only improves the current trading experience on Cosmos but also holds promising implications for the ecosystem's future growth. The availability of native USDC liquidity without the need for custodial bridging could attract more users and projects to the Cosmos network. This development positions Cosmos as a more attractive and user-friendly platform for decentralized finance (DeFi) activities, potentially fostering increased adoption and expanding the ecosystem's overall footprint.
The collaboration between dYdX, Circle, and Noble to streamline USDC transfers on Cosmos represents a pivotal moment in the evolution of decentralized finance. By eliminating the complexities associated with custodial bridging, this initiative enhances the trading experience within the Cosmos ecosystem. As stablecoins continue to play a crucial role in the cryptocurrency landscape, the integration of Circle's CCTP by dYdX signifies a significant step forward in making decentralized trading more accessible and efficient. The implications for the future growth of the Cosmos ecosystem are promising, as native USDC liquidity becomes readily available, inviting a broader audience to participate in the Cosmos journey.
#dYdX
Improving the Trading Experience on Cosmos:
Currently, within the #Cosmos ecosystem, protocols often use wrapped tokens to facilitate the trading of stablecoins like USDC. However, this process involves custodial bridging, which can be cumbersome and presents potential security concerns. With the integration of Circle's CCTP by dYdX, this collaboration aims to streamline USDC transfers, offering a more seamless and secure trading experience on Cosmos. Users can expect faster transactions and reduced complexities, allowing for a more efficient and user-friendly trading environment.
The Evolution of Stablecoins and Cryptocurrency Transactions:
To appreciate the significance of this collaboration, it's essential to understand the evolution of stablecoins like USDC and the transformative changes in cryptocurrency transactions since 2012. Stablecoins, pegged to fiat currencies like the US dollar, provide a stable value, bridging the volatility gap often associated with cryptocurrencies. Since 2012, stablecoins have become integral to the crypto ecosystem, offering a reliable means of transacting value and serving as a gateway for broader adoption.
The Future of Cosmos Ecosystem Growth:
The integration of Circle's CCTP by dYdX not only improves the current trading experience on Cosmos but also holds promising implications for the ecosystem's future growth. The availability of native USDC liquidity without the need for custodial bridging could attract more users and projects to the Cosmos network. This development positions Cosmos as a more attractive and user-friendly platform for decentralized finance (DeFi) activities, potentially fostering increased adoption and expanding the ecosystem's overall footprint.
The collaboration between dYdX, Circle, and Noble to streamline USDC transfers on Cosmos represents a pivotal moment in the evolution of decentralized finance. By eliminating the complexities associated with custodial bridging, this initiative enhances the trading experience within the Cosmos ecosystem. As stablecoins continue to play a crucial role in the cryptocurrency landscape, the integration of Circle's CCTP by dYdX signifies a significant step forward in making decentralized trading more accessible and efficient. The implications for the future growth of the Cosmos ecosystem are promising, as native USDC liquidity becomes readily available, inviting a broader audience to participate in the Cosmos journey.
#dYdX
đą dYdX, a decentralized crypto trading platform, will unlock 150 million DYDX tokens (worth approximately $486 million) on December 1st. Most of these tokens are from past investors and teams. Investors may consider staking DYDX for USDC interest income rather than selling immediately. However, due to the limited trading options, selling them on a large scale is not straightforward. #dYdX #DYDX #CryptoUnlock
đ dYdX Unveils Ambitious 2024 Roadmap: Empowering Decentralized Derivatives Trading
Decentralized derivatives exchange dYdX has rolled out its comprehensive roadmap for 2024, outlining strategic initiatives across three key areas aimed at elevating its platform's capabilities and user experience.
**Permissionless Markets:**
1. *Instant and Permissionless Onboarding:* Enabling seamless access for anyone to launch any market.
2. *Instant Liquidity through LP Vaults:* Providing swift liquidity solutions for all markets.
3. *Oracle Expansion:* Facilitating perpetual contracts for any asset by expanding oracles.
4. *Risk Management Strengthening:* Introducing protocol-level cross-margin and isolated margin for enhanced risk management.
**Core Trading Improvements:**
1. *Enhanced Reliability and Infrastructure:* Focusing on improving the core trading software's reliability and infrastructure.
2. *Additional Trading Features:* Incorporating features to assist traders in executing transactions swiftly and accurately.
3. *Extended Client Support:* Adding support for clients in languages such as C++, Rust, and Go.
**User Experience Enhancements:**
1. *Simplified Registration:* Making onboarding easier with increased entry options and diverse connection methods.
2. *Improved Usability:* Enhancing the exchange's usability by presenting and reminding crucial information effectively.
3. *Social Integration:* Integrating social elements into the trading software for a more engaging user experience.
dYdX's roadmap reflects a commitment to pushing the boundaries of decentralized derivatives trading, emphasizing accessibility, liquidity, and a seamless user journey. The developments in 2024 are poised to shape the future landscape of decentralized finance. đđ
$DYDX
#dYdX #DeFi #DecentralizedTrading #Roadmap2024
Decentralized derivatives exchange dYdX has rolled out its comprehensive roadmap for 2024, outlining strategic initiatives across three key areas aimed at elevating its platform's capabilities and user experience.
**Permissionless Markets:**
1. *Instant and Permissionless Onboarding:* Enabling seamless access for anyone to launch any market.
2. *Instant Liquidity through LP Vaults:* Providing swift liquidity solutions for all markets.
3. *Oracle Expansion:* Facilitating perpetual contracts for any asset by expanding oracles.
4. *Risk Management Strengthening:* Introducing protocol-level cross-margin and isolated margin for enhanced risk management.
**Core Trading Improvements:**
1. *Enhanced Reliability and Infrastructure:* Focusing on improving the core trading software's reliability and infrastructure.
2. *Additional Trading Features:* Incorporating features to assist traders in executing transactions swiftly and accurately.
3. *Extended Client Support:* Adding support for clients in languages such as C++, Rust, and Go.
**User Experience Enhancements:**
1. *Simplified Registration:* Making onboarding easier with increased entry options and diverse connection methods.
2. *Improved Usability:* Enhancing the exchange's usability by presenting and reminding crucial information effectively.
3. *Social Integration:* Integrating social elements into the trading software for a more engaging user experience.
dYdX's roadmap reflects a commitment to pushing the boundaries of decentralized derivatives trading, emphasizing accessibility, liquidity, and a seamless user journey. The developments in 2024 are poised to shape the future landscape of decentralized finance. đđ
$DYDX
#dYdX #DeFi #DecentralizedTrading #Roadmap2024
dYdX's Open-Source Revolution: Unveiling the Future of Decentralized Exchanges đ
Let's take a moment to unpack something truly exciting in the crypto space. DYDX, a leading decentralized exchange, has made a move that could redefine how we think about DeFi. Intrigued? Let's get into it. đ€
The Big News
Recently, dYdX announced that it's open-sourcing its code, marking the initiation of the exchange's v4 upgrade. This monumental move transitions dYdX from a layer-2 network on Ethereum to a standalone blockchain in the Cosmos ecosystem. Open-sourcing is more than a buzzword here; it's about transparency, community involvement, and, most importantly, full decentralization. đ ïž
What Does It Mean for DEXs?
Transparency
Open-source code is like an open book. It allows developers to review, detect bugs, and improve quality. This is a cornerstone in the blockchain ethos, and dYdX is embracing it wholeheartedly.
Governance
If the community accepts this proposal and it passes a governance vote led by the dYdX Foundation, the new mainnet will go live. This means the protocol will be community-operated, and the company will no longer control it or collect trading fees.
Financial Impact
Antonio Juliano, dYdX's founder and CEO, highlighted that this is a pivotal moment for DeFi. The platform already sees an average of a billion dollars traded every day. Imagine the possibilities when the community gets to call the shots!
The Bigger Picture
This isn't just about one exchange; it's a blueprint for how DEXs can operate in the future. It sets a precedent for transparency, community governance, and financial autonomy. In a world where centralization is the norm, dYdX is showing us another way.
Your Thoughts? đ€
What do you think this means for the future of decentralized exchanges? Will other DEXs follow suit?
#dYdX #OpenSource #DecentralizedExchanges #BinanceSquare #DeFi
Disclaimer: This content is not financial advice. Always do your own research before making any investment decisions.$$
Let's take a moment to unpack something truly exciting in the crypto space. DYDX, a leading decentralized exchange, has made a move that could redefine how we think about DeFi. Intrigued? Let's get into it. đ€
The Big News
Recently, dYdX announced that it's open-sourcing its code, marking the initiation of the exchange's v4 upgrade. This monumental move transitions dYdX from a layer-2 network on Ethereum to a standalone blockchain in the Cosmos ecosystem. Open-sourcing is more than a buzzword here; it's about transparency, community involvement, and, most importantly, full decentralization. đ ïž
What Does It Mean for DEXs?
Transparency
Open-source code is like an open book. It allows developers to review, detect bugs, and improve quality. This is a cornerstone in the blockchain ethos, and dYdX is embracing it wholeheartedly.
Governance
If the community accepts this proposal and it passes a governance vote led by the dYdX Foundation, the new mainnet will go live. This means the protocol will be community-operated, and the company will no longer control it or collect trading fees.
Financial Impact
Antonio Juliano, dYdX's founder and CEO, highlighted that this is a pivotal moment for DeFi. The platform already sees an average of a billion dollars traded every day. Imagine the possibilities when the community gets to call the shots!
The Bigger Picture
This isn't just about one exchange; it's a blueprint for how DEXs can operate in the future. It sets a precedent for transparency, community governance, and financial autonomy. In a world where centralization is the norm, dYdX is showing us another way.
Your Thoughts? đ€
What do you think this means for the future of decentralized exchanges? Will other DEXs follow suit?
#dYdX #OpenSource #DecentralizedExchanges #BinanceSquare #DeFi
Disclaimer: This content is not financial advice. Always do your own research before making any investment decisions.$$
âïž dYdX Chain: The New and Decentralized Future of DeFiâïž
Hello #DeFi enthusiasts! Today, we are witnessing one of the most recent and exciting developments in the sector. #dYdX has shared its long-awaited application-specific chain, the dYdX Chain, with the world as an open source. So, what does this mean, and what does it offer us?Why dYdX Chain?đ§As is known, dYdX has always pioneered radical changes to offer the best experience to its users. This chain is a result of dYdX's vision. Before L2 technologies became popular, they took the step to decide to create an application-specific chain. As a result, they offer unprecedented speed for the DeFi sector, with the ability to confirm up to 2,000 transactions per second, along with complete decentralization.Independence and CustomizationâïžBy creating an independent chain, dYdX has achieved full control over every aspect of the technology. Everything from the order book to third-party validators is completely decentralized. This offers users a more personalized experience and higher security.Looking to the FutuređWith the publication of this open-source code, it's extremely exciting to see how the DeFi world will adopt and implement this chain. dYdX extends its gratitude to its community, team, and everyone who supported them along the way. They will also inform about how you can be more involved in the dYdX community and about new potential features related to this chain.Final Wordsđ€đ»DeFi is a constantly evolving and changing sector. However, the dYdX Chain proves that innovation in this sector is just at the beginning. We eagerly await to see how this new chain will shape the future of DeFi.$DYDX
Solana Soars Amid Memecoin Craze; Targets $400 Pre-Election
Solana (SOL) is experiencing a surge in popularity, thanks to a rise in memecoin activity and hopes of its price hitting $400 by November. The main reason for Solanaâs recent success is the sudden growth of a memecoin called GME, which is built on the Solana platform.
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GME, inspired by the GameStop stock frenzy led by Keith Gill, known as âRoaring Kitty,â shot up by an astonishing 2200% in just one day. Gillâs return to social media reignited interest in meme stocks and memecoins, with Solana being the platform for the GME token.
Solana Shows Strong Growth and Potential
Solana (SOL) has experienced notable gains, rising almost 8% and surpassing resistance levels at $142. Currently, itâs testing resistance at $150, and breaking through this barrier could lead to further price hikes. Analysts highlight positive indicators such as breaking above a significant bearish trend line and trading above key moving averages.
Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol
Adding to Solanaâs strength is its recent dominance over Ethereum in daily trading volume. This increased activity, partially driven by memecoin trading, suggests a healthy network.
Cryptocurrency fund manager Merkle Tree Capital is optimistic about Solanaâs future, forecasting a price surge to $400 by the US elections in November. This projection considers the expected popularity of election-themed memecoins, many of which operate on Solanaâs blockchain.
Solana Faces Volatility Amid Memecoin Influence
Analysts caution against potential volatility driven by memecoin activity, but some see this frenzy as a catalyst for more sustainable uses of Solana, like tokenizing real-world assets.
Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol
However, security concerns persist. A recent security flaw in the Wormhole bridge, a platform enabling cross-chain token transfers, was patched before any harm was done. Yet, it underscores the need for ongoing security enhancements for Solana.
Also Read:Â Â Â Hong Kong Crypto ETFs' May 6 Volume vs. US Counterparts
In essence, Solana is amid a period of heightened enthusiasm. While memecoin trading plays a role, the networkâs underlying robustness and potential for long-term growth are significant factors to consider.
Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #Ethereum #SOL #Solana #dYdX $SOL $BTC $ETH
Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol
GME, inspired by the GameStop stock frenzy led by Keith Gill, known as âRoaring Kitty,â shot up by an astonishing 2200% in just one day. Gillâs return to social media reignited interest in meme stocks and memecoins, with Solana being the platform for the GME token.
Solana Shows Strong Growth and Potential
Solana (SOL) has experienced notable gains, rising almost 8% and surpassing resistance levels at $142. Currently, itâs testing resistance at $150, and breaking through this barrier could lead to further price hikes. Analysts highlight positive indicators such as breaking above a significant bearish trend line and trading above key moving averages.
Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol
Adding to Solanaâs strength is its recent dominance over Ethereum in daily trading volume. This increased activity, partially driven by memecoin trading, suggests a healthy network.
Cryptocurrency fund manager Merkle Tree Capital is optimistic about Solanaâs future, forecasting a price surge to $400 by the US elections in November. This projection considers the expected popularity of election-themed memecoins, many of which operate on Solanaâs blockchain.
Solana Faces Volatility Amid Memecoin Influence
Analysts caution against potential volatility driven by memecoin activity, but some see this frenzy as a catalyst for more sustainable uses of Solana, like tokenizing real-world assets.
Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol
However, security concerns persist. A recent security flaw in the Wormhole bridge, a platform enabling cross-chain token transfers, was patched before any harm was done. Yet, it underscores the need for ongoing security enhancements for Solana.
Also Read:Â Â Â Hong Kong Crypto ETFs' May 6 Volume vs. US Counterparts
In essence, Solana is amid a period of heightened enthusiasm. While memecoin trading plays a role, the networkâs underlying robustness and potential for long-term growth are significant factors to consider.
Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #Ethereum #SOL #Solana #dYdX $SOL $BTC $ETH
The derivatives platform #dYdX is winding down services in Canada.
On April 14th at 17:00 UTC, dYdX will move all existing users in Canada to close-only mode, and users will maintain the ability to withdraw funds from the protocol at any time.
#crypto2023 #DeFi
On April 14th at 17:00 UTC, dYdX will move all existing users in Canada to close-only mode, and users will maintain the ability to withdraw funds from the protocol at any time.
#crypto2023 #DeFi
đ 5 Token Unlocks to Watch This Week!
1. #Optimism - $81M
- Unlock date: May 31
- 31.34M $OP unlocked
- Current supply: 1.08B OP
2. #1inch (1INCH) - $41M
- Unlock date: June 1
- 98.7M $1INCH unlocked
- Current supply: 1.15B 1INCH
3. #dYdX (DYDX) - $67M
- Unlock date: June 1
- 33.33M $DYDX unlocked
- Current supply: 279.8M DYDX
- More: Leading decentralized perpetual futures protocol.
4. #Sui (SUI) - $68M
- Unlock date: June 1
- 65.08M $SUI unlocked
- Current supply: 2.33B SUI
5. #Ethena (ENA)
- Unlock date: June 1
- 53.6M $ENA unlocked
- Current supply: 1.47B ENA
1. #Optimism - $81M
- Unlock date: May 31
- 31.34M $OP unlocked
- Current supply: 1.08B OP
2. #1inch (1INCH) - $41M
- Unlock date: June 1
- 98.7M $1INCH unlocked
- Current supply: 1.15B 1INCH
3. #dYdX (DYDX) - $67M
- Unlock date: June 1
- 33.33M $DYDX unlocked
- Current supply: 279.8M DYDX
- More: Leading decentralized perpetual futures protocol.
4. #Sui (SUI) - $68M
- Unlock date: June 1
- 65.08M $SUI unlocked
- Current supply: 2.33B SUI
5. #Ethena (ENA)
- Unlock date: June 1
- 53.6M $ENA unlocked
- Current supply: 1.47B ENA