Chaos Labs released the dYdX Incentive Program Season 2 report, showing that the trading volume on dYdX Chain increased by 245% compared to Season 1

2024-02-23 10:33:43
Collection

ChainCatcher news, according to official information, Chaos Labs has released the dYdX Incentive Program Season 2 report, which shows that the trading volume on the dYdX Chain across 39 live markets has exceeded $33 billion, an increase of 245% compared to Season 1. The TVL of the dYdX Chain has grown to approximately $57 million USDC. Previously, dYdX launched the incentive program in November 2023, supported by a $20 million liquidity fund. Users utilizing the dYdX Chain can earn points, and at the end of the season, rewards will be distributed proportionally based on the accumulated points.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators