DYDX Rallies 18% After Token Release Delayed
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News
- DYDX Rallies 18% After Derivatives Exchange Delays Token Release
- Pudgy Penguins and Doodles Seek Alternatives to Ethereum
- Optimism Activity Plummets After NFT Incentives End
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News
DYDX Rallies 18% After Derivatives Exchange Delays Token Release
dYdX’s Decision to Postpone Unlock of Tokens to December Triggers Surge
By Samuel Haig
DYDX, the native token of the decentralized perpetuals exchange dYdX, soared 18% after the dYdX Foundation announced it will delay a scheduled unlock of 130M tokens worth around $300M by ten months.
Read the full story in The Defiant
NFT Collections
Pudgy Penguins and Doodles Seek Alternatives to Ethereum
Top NFT Collections Fear Return of High Gas Fees and Look to Layer 1s
By Samuel Haig
Despite Ethereum being the birth-place of NFTs, some of the network’s most popular NFT communities are expanding onto alternative Layer 1 blockchains. The reason? The threat Ethereum’s high gas fees may return.
Read the full story in The Defiant
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Market Action
Optimism Activity Plummets After NFT Incentives End
OP Rallies To All-Time High
Transaction volumes on Optimism, a Layer 2 scaling solution for Ethereum, have plummeted after the end of a “learn-to-earn” incentives program last week.
Read the full story in The Defiant
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An Inside look into Solana After FTX’s Collapse
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What is Vertex?
A Sponsored Primer on a Key Decentralized Trading Platform
The FTX collapse injected doubt into the very concept of centralized platforms. In contrast, decentralized exchanges offer both transparency and self-custody. But how can DEXs bridge the liquidity gap that CEXs offer?
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