Examining dYdX’s Path to Profitable DeFi
Examining dYdX’s Path to Profitable DeFi Source
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DYdXs
Hacker bungles DeFi exploit, dYdx’s decentralization goals, and more
The decentralized finance (DeFi) ecosystem was filled with ups and downs —mostly the latter— this week, with two very distinct hack attempts and a heartbreaking departure of a DeFi veteran. In this week’s newsletter, we will also look at derivative exchange dYdX’s plans to go fully decentralized by the end of
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DYdX’s Generates $1B in DeFi Loans Over One Year
Decentralized finance — of DeFi — lending protocol dYdX has produced more than $1 billion in loans since launching one year ago.The milestone was driven by consecutive monthly all-time highs during February and March of more than $250 million and $400 million respectively. Nearly 317,000 transactions have been generated across
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