8.33MM Token Unlock

MAR

01

Event date

Saturday 01 March 2025, UTC

Event description

DYdX unlocks approximately 1.14% of its circulating supply at 12 AM UTC.

dYdX

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dYdX (DYDX) Events List

ETHDenver 2025

"Join ETHDenver 2025 for #BUIDLWeek, the Main Event at Spork Castle, and a Breckenridge retreat!"

Agoric

March 2

dYdX Block Rate Limit Vote Ends

The dYdX Foundation has proposed increasing the block rate limit, which caps the number of transactions (like orders or cancellations) per block on the dYdX Chain. Currently, traders in lower equity tiers ($20–$10,000) face tight limits—e.g., only 4 stateful orders for $20–$100 collateral. The proposal aims to raise these to 10–50 orders, boosting trading efficiency while balancing network stability. Voting began May 7 and ends May 11, 2025, at 12:25 UTC. With a 33.4% quorum needed, turnout is at 22.2%, risking rejection despite 98.41% “YES” votes (Mintscan). Recent NewsdYdX has been on a roll in 2025. Their March roadmap emphasized stability and speed, introducing bi-weekly updates and a revamped mobile app for easier onboarding (BeInCrypto, Mar 2025). This proposal aligns with their focus on enhancing user experience, addressing trader frustrations over restrictive limits that hinder liquidity and order book depth. Future PlansdYdX aims to lead the DeFi derivatives market, which is still under 10% of centralized exchange volumes. Upcoming features include expanded trading tools and deeper platform improvements, with a detailed roadmap expected later this year (BeInCrypto, Mar 2025). Increasing block rate limits could attract more traders, strengthening their competitive edge. Onchain DatadYdX Chain metrics show steady growth. Staking Rewards reports a circulating supply of ~500M DYDX, with 30% staked, reflecting strong community trust. However, specific transaction volume data for this proposal isn’t available (Staking Rewards, 2025). Community SentimentX buzz is mixed—traders are excited for more flexibility, but some worry about network strain. Influencers like @DeFiWizard have praised the move, noting it could deepen liquidity, though concerns about scalability linger. Risk DisclaimerIncreasing block rate limits may lead to network congestion if not managed well—traders should monitor performance post-vote.

dYdX

May 11

dYdX On-Chain Vote Closes: Adjusting Short-Term Order Rate Limits

The dYdX Foundation has proposed increasing equity tier rate limits for short-term orders on the dYdX Chain, aiming to better accommodate traders by reducing restrictions on order placements per block. Voting ends May 16, 2025, at 06:29 UTC, with early results showing 94.46% "YES" support from 126.15M dYdX votes (Mintscan, 2025). This change could enhance trading efficiency, potentially attracting more users to the platform amid growing DeFi derivatives demand. Recent NewsIn March 2025, dYdX unveiled its 2025 roadmap, focusing on stability, speed, and new products, including a streamlined deposit/withdrawal process reducing wait times from 18+ minutes to under 1 minute (beincrypto.com, 2025). A governance vote that same month saw 96.15% approval, boosting DYDX token price by 5.8% and trading volume by 191% (blockchain.news, 2025). These updates highlight dYdX’s commitment to user experience and community-driven growth. Future PlansdYdX aims to solidify its position as the top decentralized derivatives platform, with plans to expand trading tools and further optimize performance (beincrypto.com, 2025). As DeFi derivatives still lag behind centralized exchanges (less than 10% of volumes), dYdX is poised for significant growth in the coming years. Onchain DataThe vote’s turnout is strong at 49.61%, surpassing the 33.40% quorum, with 126.15M dYdX tokens voting "YES" (Mintscan, 2025). While specific trading volume data post-vote isn’t available, past governance approvals have driven DYDX trading spikes, suggesting potential market activity ahead (blockchain.news, 2025). Community SentimentX reactions are overwhelmingly positive, with users like @art_rails sharing voting results (100% "YES" early on) and @amin_1990 praising dYdX’s decentralized governance model. Traders are clearly engaged, with calls to action like “Don’t forget to vote” trending (Shadow, 2025). Risk DisclaimerWhile the proposal is community-backed, market reactions to governance changes can lead to short-term volatility. Always DYOR before trading.

dYdX

May 16

dYdX

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