DeFi, NFT & Web3 Insights - The Defiant

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dYdX Becomes Largest DEX by Trading Volume Thanks to BTC Derivatives
newsletter.thedefiant.io

dYdX Becomes Largest DEX by Trading Volume Thanks to BTC Derivatives

Also, DXdao raises more than $1M in fundraiser, Idle Finance upgrade, tBTC bug update.

May 20, 2020
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dYdX Becomes Largest DEX by Trading Volume Thanks to BTC Derivatives
newsletter.thedefiant.io

Hello Defiers! Yesterday, centralized crypto has a horrible day with BlockFi leaking users’ information (something that just can’t happen in DeFi because users control their data), while BitMEX was down. But DeFi kept growing. Here’s what’s up:

  • dYdX’s BTC perpetual swaps are surging

  • DXdao’s Decentralized fundraiser crossed $1M mark

  • Idle Finance upgrades pl…

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