dYdX (DYDX)

Perps volumes on $dYdX are accelerating 📶 ▶️ Weekly Trading Volume: $2.05B 🔸 Up 23% WoW 🔸 Protocol Revenue: $75.4K 🔸 Most traded coin: $BTC ($1.29B) https://t.co/VsHTtCzGxr

16th in trading volume with only 2 pairs. The @StandX_Official effect. https://t.co/JPZx6njYmi

The site is live ✅ 🎯 Objective: Estimate the point value and exit FDV of tokenless perpetual contracts using the FDV/fees ratio of tokenized perpetual contracts 🧪 Hypothesis: The valuation of perpetual contracts depends on the fees they generate. –> I therefore took the fees and FDV of perpetual contracts that already have a token, and concluded that there is a 20–30 ratio on FDV/Fees that applies to most –> The chart applies the same ratio to tokenless perpetual contracts to find the estimated FDV based on the fees they generate at time T –> I then apply a -66% discount on the generated fees to simulate what happens post-launch (these are the launch metrics of Lighter) Site link: https://t.co/lXg9sa7tqS 🚨 This is my first little site of this kind, I welcome feedback! Known bugs / recent changes 👇 🥖 The baguette / burger button does not translate everything ❌ Variational has been disabled, the fee calculation method was unreliable ✅ Buttons have been renamed, notably “bearish” which has become “realistic”

Perp DEXs are inevitable > CEX speed > DEX trustlessness Still early /StandX https://t.co/8MMvXjaMsw

Wu said he learned that Jarsy's CEO Han Qin indicated that the key reason dYdX is being marginalized by Hyperliquid lies in the liquidity responsibility mechanism. He believes that dYdX's DeFi design of “the protocol does not guarantee” leads to a loss of depth when market makers retreat during extreme market conditions; whereas Hyperliquid is more centralized, has a treasury and is willing to assume liquidity responsibility, making it more suitable for the high-leverage perpetual contract market, thus gradually attracting users and market makers to migrate. https://t.co/goMqW9Wp1p

Perps volumes on $dYdX ramped up towards the end of the year 📶 ▶️ Monthly Trading Volume: $11.5B 🔸 Down 20.1% MoM 🔸 Protocol Revenue: $437K 🔸 Most traded coin: $BTC ($7.5B) https://t.co/AqbdTFSIqP

Whoever fucks our ignorant, stupid crowd is considered valuable in this market. Honest people who offer real, true profit are always kept in the background. Keep getting screwed by them by paying premiums. You'll once again end up on the losing side and drown.