DYDX gains 80% in a week — What’s driving the DEX token rally? By Cointelegraph
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DYDX gains 80% in a week — What’s driving the DEX token rally? As traders evaluated the potential of the native token, DYDX (decentralized exchange dYdX), this week’s surge in trading volume was almost 80%.
After trading around $13 a few weeks ago, the DYDX traded at $26.50 per day on the FTX platform. China ban proved to be an encouragement for the decentralized dYdX exchange (DEX), which provides perpetuals, margin, spot and lending services as well as trading and financing options.
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