dYdX

DYDX

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Available only for Crypto Strategies
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Performance
From
Jun 25, 2022
To
Jul 2, 2022
Returns
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0.00%
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dYdX Mentioned by strategists
INVESTMOX Capital
23 Jun, 2022

$DYDX one of the biggest DeFi protocols on $ETH has decided the way forward is standalone blockchain aka so called appchain.


Their reasons   "we’re excited about the unique combination of decentralization, scalability, and customizability that Cosmos offers"


Source: https://dydx.exchange/blog/dydx-chain


Even though the bear market hit us hard we can see more and more projects slowly moving to the internet of blockchains $ATOM


There are rumors going on big part of $SOL projects might come over to $ATOM due to technical issues their ecosystem is experiancing.


What we've seen so far is this bear market exposed weaknesses. The bad protocols failed, the good ones are still functioining and adoption keeps on happening.


There's no doubt interoperability is the next big narrative and $ATOM is the leading network with the best tech. Last year there were just few chains built on top of Cosmos. Today we have over 48 connected chains to Cosmos Hub. I believe this trend will keep accelerating, snowball effect is comming.

4 people like this

$DYDX one of the biggest DeFi protocols on $ETH has decided the way forward is standalone blockchain aka so called appchain.


Their reasons  "we’re excited about the unique combination of decentralization, scalability, and customizability that Cosmos offers"


Source: https://dydx.exchange/blog/dydx-chain


Even though the bear market hit us hard we can see more and more projects slowly moving to the internet of blockchains $ATOM


There are rumors going on big part of $SOL projects might come over to $ATOM due to technical issues their ecosystem is experiancing.


What we've seen so far is this bear market exposed weaknesses. The bad protocols failed, the good ones are still functioining and adoption keeps on happening.


There's no doubt interoperability is the next big narrative and $ATOM is the leading network with the best tech. Last year there were just few chains built on top of Cosmos. Today we have over 48 connected chains to Cosmos Hub. I believe this trend will keep accelerating, snowball effect is comming.






3 people like this

@bumpyrider i do not see $ATOM as hyperinflationary token. it's still in adoption phase, inflation & burn mechanism are changable with governance.


I am personaly staking Cosmos too.


I see the token as a revenue generating token with high utility (security, router,..)

You sure did research $ATOM . I want to know your thoughts about hyperinflationary nature of the token - no supply cap. Why would you keep it on exchange and not stake it, since it rewards those who stake. And I heard that acutual token $ATOM does not represent entire cosmos ecosystem but its one of security protocols (dont know which actualy). I appreciate your reply 🙂

SafeNSteady
14 Feb, 2022

Going back in, correction will soon be over.


Also moving 5% from $ETH into $DYDX, nice promising little project

3 people like this
GRAZZP™️
24 Jan, 2022

Changed the portfolio to the strongest juiciest looking ALTS at this moment of time; $MKR, $LUNA, $SNX, $ATOM, $KNC and $DYDX.

4 people like this
Kairos Capital
3 Jan, 2022

Cutting $DYDX from the strategy and adding $FTM, as something is brewing in the Fantom ecosystem.


Besides that we think it is undervalued compared to $LUNA, $AVAX, $SOL, $BNB.

2 people like this
CARUS-AR
1 Dec, 2021

Lowering $LUNA 3% adding a new #DeFi project $DYDX at 3%.

11 people like this

planning to take profita from ETH out as well or aiming higher without correction? just a thought. in general think you are doing a great job. keep it up

GRAZZP™️
24 Nov, 2021

$FTM breaking out! Switching it with $DYDX .

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5 people like this
GRAZZP™️
23 Nov, 2021

Adding $DYDX because it's breaking out of a massive falling wedge (which is very bullish) and it "survived" the retest. 

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6 people like this
GRAZZP™️
22 Nov, 2021

Hi all! $MANA and $DYDX saved the day with a very good performance.


$BTC is nevertheless looking like it could do a steep fall. Therefore I'm back at 60% USDT to see how this developes and be able to buy back ALTS cheaper.


If $BTC decides to go up from here, we are the first to enter 

3 people like this
GRAZZP™️
19 Nov, 2021

Adding $SOL, $DYDX and $FTM.

Keeping $MANA.


By the way, check the 4H hard buy signal on Lambda Strike. Go $BTC!!!



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4 people like this