dYdX
Specifications | Details |
|---|---|
Platform (underlying architecture) | Layer 1 |
Consensus Algorithm | Proof-of-Stake |
Ecosystem | Cosmos |
Token | DYDX |
Native Token Ticker | $DYDX |
Smallest Unit | |
ARR or APY | ~16% |
Max Supply | 1B (capped supply) |
Delegation Requirements (Min-Max) | No minimum and maximum limit |
Stake Activation Period | None |
Reward Distribution Period | Every block (~1.08 seconds) (claim manually) |
Compounding | Manual |
Compounding Frequency | Can be redelegated as rewards earned |
Unbonding Period | 21 days |
Lockup Period | None |
Penalties and Slashing | Yes, double-signing and downtime incidents are both eligible for slashing |
Burn Mechanism | None |
Validator Self-Bond Requirement | No minimum limit. The top 50 validators with the highest total stake are considered active. |
Inflation | 2% |
Validator Set Diversity | The active validators are the top 50 validators with the highest total stake (where total stake = self-bonded stake + delegators stake). Currently in total 159 validator nodes running on the mainnet. |
Governance Mechanism | On-chain governance |
Smart Contract Support | |
Smart Contract Programming Language | |
Cross-chain Compatibility (Interoperability) | Yes |
TPS (Transaction Throughput) | |
Transaction Finality | |
Link to Explorer(s) | |
Testnet Faucet | Using npm package |
Figment’s Public Validator Address |
|
Figment Staking Guide | |
Figment Supported MEV Relay | N/A |
Recommended Wallet(s) | Keplr, Leap |
CoinGecko Profile |
Updated 3 days ago