dYdX 2024 Ecosystem Report: Trading volume reaches $270 billion, and the community distributes $63 million in trading rewards
dYdX's 2024 ecosystem report showed a platform trading volume of $270 billion for the year, with a cumulative trading volume exceeding $1.46 trillion. The community distributed $63 million in trading rewards in 2024, and MegaVault deposits totaled $79 million, with over 150 new markets launched.
As of January 2025, DYDX token holders have grown to 53,000, a year-on-year increase of 292%, with 17,700 participating in token staking, totaling 241 million tokens, with a median annualized return of 14.93%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dogecoin, Bonk, and Pepe Set to Be Key Asset Allocations in 2025
BONK Price Forecast: Rebound Hopes Fade as TRUMP token drains 900M BONK Liquidity
XRP Up 511% Yearly, How Much Higher Can It Go?
Uniswap Founder Flaunts Most Important V4 Feature