DYDX's entire network transaction volume has reached 440 million US dollars


On September 9th, according to CoinGecko data, as of now, DYDX's entire network transaction volume has reached 440 million U.S. dollars, and Huobi Global ranks first with 120 million U.S. dollars in transaction volume. dYdX officially lifted the transfer restrictions of the governance token DYDX at 23:00 on September 8. dYdX is a decentralized perpetual contract exchange based on the second-tier Ethereum protocol Starkware. Unlike the DEX of the AMM model, dYdX adopts the order book model. In August of this year, the total trading volume of dYdX derivatives reached 9.8 billion U.S. dollars. Prior to this, dYdX has received multiple rounds of financing, with a total of more than 95 million US dollars. Investors include a16z, 3AC, paradigm, Polychain Capital, and Brian Armstrong (Co-founder and CEO of CoinBase).


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