ChainCatcher message, the dYdX Foundation announced that the community has voted to stop supporting the wethDYDX smart contract (bridge) before June 2025. A total of 39 active validators and 1121 accounts participated in this vote, with a turnout of 55.71%. Among them, 90.64% supported, 0% opposed, and 9.35% abstained.

ChainCatcher message, according to Lookonchain monitoring, a certain whale sold 206,100 UNI (3.91 million USD) in the past 13 hours and bought 1,065,000 DYDX (2.83 million USD).Currently, the whale holds:340,000 UNI (6.21 million USD), with a profit of 6 million USD;1.71 million DYDX (4.27 million USD), with a loss of 205,000 USD;5,000 AAVE (1.4 million USD), with a profit of 1.7 million USD.

ChainCatcher news, according to Rootdata, the cryptocurrency projects invested by Craft Ventures, the venture capital firm founded by the new AI and cryptocurrency advisor to the White House, David O. Sacks, include: dYdX, Lightning Labs, River Financial, Kresus, Set Protocol, FOLD, Harbor, Handshake, Voltage, Galoy, Lumina, Rare Bits.Previous news, Trump appointed David Sacks as the head of the cryptocurrency sector.

ChainCatcher news, according to Rootdata, the cryptocurrency projects invested by Craft Ventures, the venture capital firm founded by the new AI and cryptocurrency advisor to the White House, David O. Sacks, include: dYdX, Lightning Labs, River Financial, Kresus, Set Protocol, FOLD, Harbor, Handshake, Voltage, Galoy, Lumina, Rare Bits.Previous news, Trump will appoint David O. Sacks as the "Crypto Czar".

ChainCatcher news, the listing roadmap of the encrypted exchange Kraken shows plans to add 19 emerging popular tokens including BNB, DYDX, AR, COW, DOGS, FWOG, GOAT, PNUT, NOT, Neiro, and others. Currently, Kraken has listed over 300 tokens.

ChainCatcher message, the dYdX Foundation announces that dYdX Unlimited has officially launched, bringing a series of updates including instant market listings, automated liquidity and yield tools MegaVault, improved trading rewards program, and more.

ChainCatcher message, the dYdX Foundation stated on the X platform that the dYdX community has approved the proposal to "allocate 50% of revenue to MegaVault and 10% of revenue to Treasury SubDAO."

ChainCatcher news, according to official sources, the dYdX community's proposal on "Reboot and Revision of the Incentive Program" has been approved through on-chain voting. According to the proposal, this is a modification of the dYdX incentive program, which lasts for 4 months, with $1.5 million per month, distributing $6 million in DYDX tokens each quarter. 60% of the rewards are allocated to market makers, 40% to traders, and the tracking API has been enhanced, with no trading alliance.

ChainCatcher news, the dYdX Foundation stated that the dYdX community has voted to reduce trading rewards by 44%. Additionally, it has approved the transfer of 45 million DYDX from the community treasury to an account controlled by the dYdX Treasury SubDAO for the implementation of the staking program, and approved community signers to serve as directors of the Cayman Foundation.

ChainCatcher news, according to The Block, based on the official announcement, dYdX Trading has laid off 35% of its core team members. CEO and co-founder Antonio Juliano wrote in a blog post: "The decision was made because we realized that the company we built is different from the company dYdX needs to become. We will move forward with clarity of thought and new passion. We will create amazing work."

ChainCatcher news, according to Bitget market data, on October 21, the leading sectors are payment, Optimism ecosystem, and VR sector, among which PIP has a 24-hour increase of 192.8%, PERP has a 24-hour increase of 32.2%, and WILD has a 24-hour increase of 11.2%.As of the time of writing, the top three cryptocurrencies in the real-time increase ranking are PIP, KOKO, and GINOA.

ChainCatcher news, dYdX Foundation CEO Charles d'Haussy posted on social media that speakers will reveal secrets about the moat, Trojan horse, and flywheel at tomorrow's dYdX Day event.

ChainCatcher news, dYdX has launched a prediction contract market regarding the U.S. elections on the platform.Users can bet "yes" or "no" in the TRUMPWIN-USD market, with the final settlement price for each option being either $0 or $1, and the buy-in price at the time of betting being the cost price. It is worth mentioning that users can go long or short with up to 20x leverage (correct predictions can yield 20 times the profit, but conversely, a 5% adverse movement could lead to liquidation), which offers greater capital flexibility compared to traditional prediction markets.

ChainCatcher news, the dYdX Foundation announced on the X platform that the dYdX community has voted to add the Cetus Protocol (CETUS) on dYdX.It is reported that the voter turnout was 52.18%, with a support rate of 93.86%, abstention at 6.14%, and opposition at 0.01%.

ChainCatcher news, dYdX founder Antonio Juliano announced that he has returned to the position of CEO and will enter founder mode to personally run the company.Previous news, in May of this year, Antonio Juliano resigned as CEO of dYdX Trading Inc., taking on the role of chairman and president, while former Chief Strategy Officer Ivo Crnkovic-Rubsamen became the new CEO.