DeFi Exchange Token Powering dYdX Soars 9% Overnight
dYdX's imminent launch of its newest blockchain appears to have fueled continued speculation, with investors scooping up its token.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Ethereum Jumps 18% As Spot Volume Surges Across Exchanges
Ethereum surged 18% intraday as spot trading volume jumped sharply across major global exchanges, putting ETH back at the center o...
Grayscale Says SEC Reg Crypto Plan Could Reopen Token Fundraising Path
Grayscale Research has weighed in on the SEC’s proposed “Regulation Crypto Assets” framework, arguing that clearer rules could reo...
Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses
Centralized crypto exchanges lost 31.2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowes...
A crypto network just voted to abandon its standalone blockchain and unlock 27% of its token supply
GnosisDAO has approved a plan to retire Gnosis Chain’s standalone Layer 1, a shift that will unlock roughly 350,000 staked GNO. Un...
DeFi Roars Back as $10B DEX Boom Sends TVL Flying Above $83B
Decentralized finance (DeFi) markets roared back to life Thursday as total value locked (TVL) jumped 9.15% in 24 hours, decentrali...
Aster launches first USD1-denominated RWA perpetual markets with $28M liquidity fund
Aster's USD1-denominated markets could redefine stablecoin utility, enhancing liquidity and integration in real-world asset tradin...