dYdX Foundation releases semi-annual ecosystem report: V3 transaction volume reaches US$240.5 billion, achieving four milestones

Odaily News According to official news, the dYdX Foundation released the 2023 semi-annual ecosystem report. The report states that activity on the dYdX V3 protocol has remained stable so far in 2023, with approximately 68,628 new accounts created, cumulative trading volume reaching $240.5 billion, and daily trading volume of $1 billion; cumulative fees reaching $54.7 million, and active users The number reached 61,600. In addition, the total cumulative trading volume of the dYdX V3 platform recently exceeded US$1 trillion. Since January 2022, when dYdX announced plans to become a fully decentralized protocol, it has achieved four of five milestones, launching a public testnet. Since the initial public testnet launch, the subsequent release of Public Testnet #2 has improved performance and increased access to available markets to over 30. There are currently approximately 57+ validators participating in dYdX Trading’s V4 public testnet #2. The current public testnet block generation time is 1.8 seconds, with more than 2.9 million transactions and 2.9 million bound tokens.