What top creators are saying about dYdX(DYDX)

Listed as part of the investment portfolio of the new Fed Chair prior to his appointment.

Has the technology for decentralized listings but lacks the distribution and user base of its competitors.

Recognized as a functional DeFi protocol that may benefit from a more nuanced regulatory climate.

Positioned to capture market share as sports bettors seek 24/7 high-reward trading environments through gamified interfaces.

Cited as a negative example for the Cosmos ecosystem, as its user activity 'fell off a cliff' after migrating to its own app-chain.

Despite questions about its relevance, the speaker admits the chart 'does look good' and could be a viable trade if the broader market rallies.

Users with historical trading activity on dYdX may be eligible for retroactive 'crates' from Infinex, which can be claimed by connecting their wallet to the platform.

The community voted to increase the percentage of protocol revenue used for token buybacks from 25% to 75%, a powerful and bullish mechanism to return value to token holders.

Mentioned as a pioneer but is now considered 'somewhat clunky and expensive compared to newer platforms' like LIDR and Hyperliquid.

Mentioned as a decentralized exchange that previously failed to effectively share revenue with its community, in contrast to newer, more successful models.

Dropped over 90% in a single price candle during a massive liquidation event, which is presented as a potential 'washout' and a significant buying opportunity for long-term investors.

Used as a negative example of a project that failed to share revenue with token holders, leading to poor token performance.

Cited as a positive example of a successful application-specific chain, a model that is expected to be a key part of the future L2 landscape.

Mentioned as a competitor to the Quanto platform, providing context for the competitive landscape.

Warned of significant upcoming token unlocks which are expected to create selling pressure on the price.

Cited as a key App-Chain player in the growing onchain CLOB DEX market.

Mentioned as a competitor that Hyperliquid is significantly outperforming, doing roughly 10x the combined volume of competitors like dYdX.

Cited as a past successful investment as part of the thesis that investing in crypto exchanges is an 'evergreen' and recurring opportunity.

Mentioned as a competitor to Quanto in the perpetual futures trading space.

Will be negatively affected by CFTC news as its primary use case for US traders (accessing derivatives and leverage outside of strict regulations) will face direct competition from newly legal and regulated international exchanges.

Mentioned as a project with a high rate of inflation from recurring token unlocks, representing a significant risk factor for investors.