dYdX 2024 Ecosystem Report: Trading volume reaches $270 billion, and the community distributes $63 million in trading rewards
dYdX's 2024 ecosystem report showed a platform trading volume of $270 billion for the year, with a cumulative trading volume exceeding $1.46 trillion. The community distributed $63 million in trading rewards in 2024, and MegaVault deposits totaled $79 million, with over 150 new markets launched.
As of January 2025, DYDX token holders have grown to 53,000, a year-on-year increase of 292%, with 17,700 participating in token staking, totaling 241 million tokens, with a median annualized return of 14.93%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Arizona Senate Approves Bitcoin Reserve Bill: A Leap Towards Crypto Dominance in the U.S?
Trailblazing or Isolated Incident? Evaluating Arizona's Groundbreaking Bitcoin Reserve Bill and Its Potential Ripple Effect Across U.S. States
DeepSeek’s Debut Stirs Crypto Market, BTC ETFs Drop by $457M – Insights Revealed
DeepSeek's Entry Culminates in $534M Crypto Outflows, Shaking BTC and Ethereum ETFs While XRP Shows Resilience
Ethereum’s Active Users Soar 37%: Are Institutions and DeFi Driving Growth?
Unpacking the Factors Behind Ethereum's Rise: Examining the Role of DeFi and Institutional Investment
CME Group to introduce options on Bitcoin Friday Futures, which are priced at 1/50th of a bitcoin
CME Group, the world’s largest operator of financial derivatives exchanges, today announced it will introduce options on Bitcoin Friday Futures (BFF) on Feb. 24, pending regulatory review.Financially-settled options on BFF contracts will complement CME Group’s existing suite of physically-settled options on bitcoin and ether.
Trending news
MoreCrypto prices
More
