Three Arrows Capital Liquidation Company Teneo Deposits 4.45 Million DYDX to Binance
According to Spot On Chain monitoring, on December 12th, Teneo, the liquidation company of Three Arrows Capital, just deposited 4.45 million DYDX tokens worth about $12.73 million into Binance. As of the time of writing, the address still holds 10.42 million DYDX tokens.
Total transaction volume on dYdX Chain has exceeded $1 billion
dYdX officially announced on X that the total trading volume on dYdX Chain has exceeded $1 billion.
dYdX Chain transaction volume exceeds US$1 billion, transaction fees exceed US$200,000
The CEO of the dYdX Foundation tweeted that the trading volume of dYdX Chain has surpassed $1 billion, with total transaction fees exceeding $200,000.
The total transaction volume of dYdX Chain exceeds 400 million US dollars, and the transaction volume of SOL is second only to BTC and ETH.
On December 5th, according to data from Chao Labs, after one week of launching, the total trading volume on dYdXChain exceeded $420 million, with nearly 2,000 daily active users. The data chart also shows that SOL's trading volume is second only to BTC and ETH. Since the end of November, dYdX has officially added perpetual contracts for MATIC, ATOM, AVAX, APE, XRP, UNI, TRX, OP, ADA, MKR, DOGE, SHIB, COMP, LDO, NEAR, APT, SUI, DOT, and ETC currencies.
The dYdX community voted to launch the MEV social mitigation strategy proposal and will establish the MEV Slashing Committee
On December 4th, the dYdX community voted in favor of launching the MEV social relief strategy proposal with a support rate of 85.6%. The proposal will establish the MEV Slashing Committee, consisting of 7 members with a 6-month term and a budget of $84,000 (with each member receiving $2,000 per month). The committee's responsibilities include holding regular review meetings to discuss MEV activities, proactively reviewing differential data, identifying outliers or potential MEV activities, submitting reports and community action recommendations based on investigation results, and proposing standardized frameworks for certain actions based on differential data, which will be decided by the community through governance voting. All proposed Social Slashing expenditures will be subject to governance voting.
Some investors transferred 7.5 million DYDX to the trading platform through Wintermute and Amber, equivalent to approximately US$23.3 million.
According to Lookonchain monitoring on December 1st, after DYDX was unlocked, some investors sold 7.5 million DYDX (worth $23.3 million) through Wintermute and Amber.<br>4 addresses deposited 6.83 million DYDX (worth $21.2 million) into Binance through Amber related address "0xb0d4".<br>4 addresses deposited 675,000 DYDX (worth $2.09 million) into Binance, OKX, and Gateio through Wintermute.
AmberGroup just transferred 821,734 DYDX to 2 wallets
According to Lookonchain monitoring, AmberGroup just transferred 821,734 DYDX tokens (worth $2.56 million) to 2 wallets. On September 2, 2021, AmberGroup received 2.76 million DYDX tokens (worth $8.58 million) from the dYdX Foundation wallet, and currently has 1.92 million DYDX tokens (worth $5.98 million) remaining.
Scopescan: DYDX Foundation-related addresses transferred 5.6 million DYDX to Binance
According to Scopescan monitoring, an address associated with the DYDX Foundation has transferred approximately 5.6 million DYDX tokens (valued at approximately $18.3 million) to Amber Group and ultimately to the cryptocurrency exchange platform Binance.
Lookonchain: 150 million DYDX were unlocked 2 hours ago
Lookonchain monitoring shows that 150 million DYDX have been unlocked 2 hours ago. Earlier news, this morning, multiple addresses sold large amounts of DYDX tokens through DEX, and more than $20 million worth of DYDX was transferred to Binance.
5 addresses and whales allegedly sold or deposited to Binance through DEX, totaling 6.25 million DYDX
Spot On Chain has monitored that in the past 45 minutes, 5 addresses and whales are suspected of selling or depositing 6.25 million DYDX (20 million US dollars) through DEX on Binance: