Protocols / dYdX
dYdX (DYDX)
dYdX is a decentralized derivatives exchange for digital assets. Users can permissionlessly trade perpetual futures on 36 different digital assets with low trading fees and access to leverage.
Figment Validator Address:
dydxvaloper1d9e68e7glce5pehh8qk0gcx9l06tjeh0naz0r0
Market Cap
$58.3M
Staking Reward Rate*
9.07%
Price
$0.59
Auto-Compounding
No
Reward Frequency
1 Epoch (Monthly)
Activation
Immediate
Withdrawal
21 Days
Slashing Penalties Enabled
Yes
*Staking Reward Rates (SRR) vary based on network conditions, delegation size, and infrastructure optimizations. Contact our team to explore your potential rewards.
Why Stake dYdX With Figment?
-
dYdX gives digital asset traders access to low-cost derivatives trading and leverage like a centralized exchange would, but with all the benefits that DeFi offers.
-
dYdX is built with user experience as a first principle. For example, dYdX allows credit card purchases and bank transfers to buy USDC and immediately begin trading.
-
Traders don’t have to give up custody of their assets or rely on dYdX’s standing to know their assets are safe.
-
dYdX token holders earn rewards from trading fees on the exchange. Rewards are paid out in USDC, making it easier to track performance and payouts.
Explore Insights From Our Experts
dYdX Staking FAQ
What is the name of the asset being staked? What is being used for?
Where can I explore the network?
How long does it take to stake and unstake?
Explore Additional Protocols
Figment supports 30+ established and emerging protocols. Learn how to stake with Figment.
Meet With Us
Bring the complete staking solution to your organization.
Figment respects your privacy. By submitting this form, you are acknowledging that you have read and agree to our Privacy Policy, which details how we collect and use your information.
