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.
SRR isn’t always the most reliable metric for understanding your rewards. You can read more here
What is dYdX? Originally founded in 2017 as a simple margin...
dYdX is a decentralized derivatives exchange for digital assets. Users can...
The native token on dYdX network is called DYDX. DYDX is used to pay for transaction fees, participate in network governance, and staking in the Proof of Stake consensus mechanism.
View the dYdX explorer here: https://dydx.l2beat.com/
Staking dYdX is instant. From the moment you initiate the unbonding process, it takes 30 days to unstake. During this time you will not earn rewards. Once the process is complete, you can transfer/trade your dYdX tokens.
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