dYdX V4 has just become the leading perpetual DEX, achieving $5.3B in traded volume over the past week.
Thanks to the revenue-sharing program, $DYDX stakers are also strongly benefiting from this trading activity with an annualized revenue of $60M.
With the end of V3 incentives, a user shift to V4 is expected, likely boosting trading activity and stakers’ APY, thus making $DYDX more appealing as a yield-generating asset.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
dYdX V4 has just become the leading perpetual DEX, achieving $5.3B in traded volume over the past week.
Thanks to the revenue-sharing program, $DYDX stakers are also strongly benefiting from this trading activity with an annualized revenue of $60M.
With the end of V3 incentives, a user shift to V4 is expected, likely boosting trading activity and stakers’ APY, thus making $DYDX more appealing as a yield-generating asset.