FOMOonchain monitoring shows that Amber Group and GSR transferred 2.766 million DYDX (worth 8.49 million USD) to Binance 40 minutes ago. Prior to this, the wallet had received DYDX from multiple anonymous wallets, which were found to be related to the DYDX team after investigation. About a month ago, these anonymous wallets also transferred a large amount of tokens to Binance, but did not sell them, indicating that this may be a simulation exercise.

On January 1st, according to Token Unlocks data, dYdX has unlocked 98 million US dollars worth of DYDX at 8 am this morning, which is about 33.33 million tokens, accounting for 12.34% of the circulating supply.

In a move to foster early adoption and ensure a smooth transition to the new dYdX Chain, Chaos Labs, in collaboration with dYdX, is launching a $20 million liquidity incentives program. This initiative, approved by the dYdX Governance via Snapshot and an on-chain vote, is tailored to expand and transition the current dYdX user base to the upcoming version of the protocol, emphasizing the importance of liquidity and efficient migration for the success of the dYdX Chain.

According to Nansen 2 data on December 24th, Smart Money's 24-hour Ethereum network fund inflow tracking list is as follows:<br>DYDX: Approximately $2.16 million, currently priced at $3.125, with a 24-hour increase of 0.16%;<br>UNI: Approximately $1.02 million, currently priced at $6.567, with a 24-hour increase of 5.7%;<br>FLIP: Approximately $0.53 million, currently priced at $4.456, with a 24-hour decrease of 1.37%.

Scopescan monitoring, about 7 hours ago, a whale withdrew 2.8 million DYDX tokens (worth 8 million USD) from 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.

dYdX officially announced on X that the total trading volume on dYdX Chain has exceeded $1 billion.

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.

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.

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.