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:
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Stake DYDX

Market Data

MARKET CAP

$379.0M

STAKING REWARD RATE (SRR)

20.94%

PRICE

$1.41

AUTO-COMPOUNDING

No

REWARD FREQUENCY

1 Epoch (Monthly)

ACTIVATION

Immediate

WITHDRAWAL

30 Days

SLASHING PENALTIES ENABLED

Yes

Highlights

Why Stake With Figment?

  • Arrow 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.
  • Arrow 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.
  • Arrow Traders don’t have to give up custody of their assets or rely on dYdX’s standing to know their assets are safe.
  • Arrow 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.

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Frequently asked questions

dYdX FAQ

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