dYdX 2025 Annual Report: Transition from Volatility Cycles to Institutional-Grade Liquidity
By 2025, decentralized derivatives had change into a significant section of DeFi, with dYdX positioned amongst its most influential platforms. With over $1.5 trillion in cumulative buying and selling quantity and a revamped tokenomics mannequin that aligns protocol success with token holders, the protocol is not only a DEX, it’s evolving into a whole market…
