dYdX
dYdX is the leading perpetual protocol featuring a fully decentralized, off-chain, orderbook and matching engine on a Cosmos based standalone app-chain.
Last updated
dYdX is the leading perpetual protocol featuring a fully decentralized, off-chain, orderbook and matching engine on a Cosmos based standalone app-chain.
Last updated
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What are the supported wallets for dYdX?
Keplr wallet and Leap wallet.
Is there a fee?
We charge a 5% commission fees for running staking infrastructure. The APY shown on the dashboard is the yield before deducting commissions. As DYDX staking is native to dYdX, do ensure that you have sufficient DYDX in your wallet to pay for transaction gas fees.
What is the unbonding period?
There is a 30 days unbonding period when you unstake DYDX. You will not earn any rewards and be susceptible to slashing during the unbonding period.
How do I restake?
DYDX staking rewards are paid in Noble USDC. You have to manually withdraw rewards, send the Noble USDC to Osmosis Hub via IBC, swap it for DYDX, then withdraw the DYDX via IBC back to DYDX chain to stake.
Do note that dYdX Chain community has voted to cease support of wethDYDX contract by June 2025 - this means that you have to latest by then or risk losing them.