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dYdX's trading volume in the past 24 hours reached 1 billion US dollars



Time:8/17/2022 12:29:57 PM

[dYdX’s trading volume reached US$1 billion in the past 24 hours] According to Jinse Finance, the decentralized derivatives trading platform dYdX tweeted that dYdX’s trading volume in the past 24 hours was US$1 billion, and the number of transactions yesterday was 124,000.

Other news:

dYdX: A total of 206,134.87 US dollars and 1.5 WETH were stolen in the proxy smart contract vulnerability incident, which has been fully compensated: On December 11, dYdX officially released a post-event analysis of the "deposit proxy" smart contract vulnerability discovered on November 27. Includes what happened, fixes, bug bounties, and compensation to users for gas fees and stolen funds. For users affected by this incident, the official compensation measures are as follows:

User Gas Fee Compensation: Due to this vulnerability, users incur additional gas fees to revoke authorization or retrieve escrow funds. We will issue 0.0115 ETH to all users who incurred gas fees for revoking authorization, and an additional 0.0115 ETH to all users who incurred gas fees for withdrawing escrow funds.

Repayment of stolen funds: In total, $206,134.87 and 1.5 WETH were stolen. We have fully compensated these losses. In addition, for the vulnerability disclosure, the official expressed its gratitude and paid a bug bounty of 500,000 US dollars. [2021/12/11 7:32:43]

Data: In the past 24 hours, the trading volume of dYdX has dropped by about 75%: According to news on September 30, according to CoinMarketCap data, in the past 24 hours, the trading volume of dYdX was about 1.8 billion US dollars, a drop of 75.93%. But the price of dYdX is still relatively stable, currently around $27. According to token terminal data, in the past 7 days, the protocol revenue of dYdX surpassed opensea and reached 2.033 billion US dollars, ranking second among Dapps, second only to Axie Infinity. According to the previous news, in the last stage of dYdX Epoch1, the dYdX 24-hour trading volume exceeded 11.1 billion US dollars. But after the end of the Epoch1 stage, the trading volume dropped significantly. [2021/9/30 17:17:37]

The 24-hour trading volume of dYdX reached 3.68 billion US dollars, surpassing Coinbase for the first time: On September 27th, Antonio Juliano, founder of the decentralized exchange dYdX, tweeted that the 24-hour trading volume of dYdX reached 3.68 billion US dollars, surpassing Coinbase for the first time (3.61 billion Dollar). For him, who left Coinbase to found dYdX 5 years ago, surpassing his old club in trading volume is an important milestone. [2021/9/27 17:08:49]

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