dYdX (DYDX) up 15% as Trading Volume Doubles, Here's Why

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

dYdX is up by over 15% to chart a bullish path for February

to data from CoinMarketCap, the digital currency is now trading at a price of 3.08%, maintaining a weekly growth rate of 65%., and the current upshoot is backed by its trading volume that has doubled over the past 24 hours.

Across all of the exchanges where it is trading, the transaction volume is up by 102%, as bolstered by its activities on theIn terms of ecosystem growth, dYdX released its growth report earlier this week, noting that its developers maintain a relatively positive attitude to building despite the outlook of the industry. The protocol highlighted significant growth over the past year in terms of robust exchange liquidity, an increment in generated revenue and also a 62.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

dYdX users traded $466 billion in crypto derivatives during 2022dYdX, the largest crypto derivatives trading exchange, recorded $466.3 billion in cumulative transaction volume in 2022. Fundamentals look good on this one— a rare win these days!
Source: TheBlock__ - 🏆 464. / 53 Read more »