dYdX

dYdX is a decentralized exchange (DEX) that specializes in perpetual trading. Perpetuals are a type of derivative that allows traders to speculate on the future price of an asset without having to own the underlying asset. dYdX uses a unique on-chain and off-chain orderbook model to provide deep liquidity and fast, efficient trades with minimal slippage.

Amount staked

3,884,411 DYDX ($4,777,826)

ARR

6.89%

Commission

5%

Price

$1.23000

Delegators

697

Validator Address

dydxvaloper1r227t4qx8muzshsl862n4cgdswsesyd0pp42un

How many DYDXs do you want to stake?

Delegation amount

640 DYDX

$787.2

Daily earnings

0.1 DYDX

$0.1

Monthly earnings

3.4 DYDX

$4.2

Yearly earnings

41.9 DYDX

$51.5

Related Chains

The Internet of Blockchains.
682,074 INJ
$16,178,795

10.70% APR
3,884,411 DYDX
$4,777,826

6.89% APR
278,516 ATOM
$1,735,155

19.02% APR
880,219 CTK
$656,653

22.78% APR
300,019 BAND
$375,024

15.20% APR
12,791,208 ARCH
$310,324

3.99% APR

ICS
278,516 ATOM
$159,755

TBA APR
89,186,900 UMEE
$143,678

16.08% APR

ICS
278,516 ATOM
$117,928

TBA APR
8,134,238 AURA
$81,336

16.55% APR
98,152 AXL
$68,334

0.76% APR
545,438,800 ROWAN
$2,913

TBA APR

Frequently Asked Questions

Here are answers to some of the questions our community has asked us. Get in touch if there’s more you would like to know.

What is dYdX?
dYdX is a decentralized exchange (DEX) that specializes in perpetual trading. Perpetuals are a type of derivative that allows traders to speculate on the future price of an asset without having to own the underlying asset. dYdX uses a unique on-chain and off-chain orderbook model to provide deep liquidity and fast, efficient trades with minimal slippage.
What are validating and delegating?
New blocks on dYdX are proposed by validators. To enable dYdX to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure. Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.
Why should you delegate?
By delegating DYDX, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to DYDX for some time, delegating will help you accumulate more DYDX while contributing to the health of the network.
What happens to the ownership of DYDX after they’re delegated?
You are not giving away ownership of DYDX by delegating. As a validator, we will never have the ability to move your DYDX.
What are the risks of delegating on dYdX?
DYDX penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
What happens to the ownership of DYDX after they’re delegated?
dYdX penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
Can you undelegate anytime?
Undelegating (also called unbonding or unstaking) can be done anytime. However, it takes approximately 21 days for your DYDX to undelegate and become transferable. This time period exists in order to prevent long range attacks
What does TTT get out of this?
We charge 5% from the block rewards received by our delegators. For example, if a delegator receives 100 DYDX as a reward, TTT will receive 4 DYDX while the delegator will get 95 DYDX.
How to get compound interest from DYDX staking rewards?
With DYDX staking offering up to 6.89% APR, you can increase your earnings by an additional % by enabling the restake rewards feature on ReStake.app, accessed through your Keplr wallet. This feature automatically claims and restakes your rewards, compounding your earnings without any hassle or inconvenience. It's a secure and easy way to earn passive income.
Does staking with TTT allow me to participate in dYdX Airdrops?
When you stake your DYDX tokens with TTT, you may become eligible for Cosmos-based airdrops, allowing you to receive free tokens as a reward for your participation. We support many blockchain networks, so you never know what exciting opportunities may come your way.