u.today
Decentralized exchange dYdX ($DYDX) is going through an unparalleled spike of net trading volume across its products.
$1.33 billion traded on dYdX in 24 hours
According to information shared by its founder, Antonio Juliano, top-tier decentralized exchange dYdX is now the most popular DEX in the industry.
Now 🚀 https://t.co/aKb9qKCDbk pic.twitter.com/29aVINcieJ
— Antonio | dYdX 🦔 (@AntonioMJuliano) September 17, 2021
Today, on Sept. 17, 2021, amidst a 47% increase in daily trading volume, the aggregated amount of all trades on dYdX exceeded $1.334 billion.
Uniswap v3, a flagship Ethereum-based decentralized exchange, processed $1.15 billion, or 0.47% less than yesterday.
The leading Defi on Binance Smart Chain (BSC), PancakeSwap (CAKE), also prints a double-digit increase in trading volume. For PancakeSwap, this indicator is above $1.02 billion.
Largest airdrop so far
On Sept. 8, 2021, dYdX released its governance token, $DYDX, and listed it on multiple mainstream platforms.
Also, 64,306 dYdX users received $DYDX in an unparalleled airdrop. In total, 75 million tokens were distributed: each user received between 310 and 9,529 tokens.
As $DYDX has printed another all-time high earlier today, the net value of the most generous token drops sent to early dYdX advocates exceeds $171,500 now.