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) | https://www.mintscan.io/dydx, https://dydx.explorers.guru/ |
| Testnet Faucet | Using npm package |
| Figment’s Public Validator Address | dydxvaloper1d9e68e7glce5pehh8qk0gcx9l06tjeh0naz0r0 |
| Figment Staking Guide | HERE |
| Figment Supported MEV Relay | N/A |
| Recommended Wallet(s) | Keplr, Leap |
| CoinGecko Profile | https://www.coingecko.com/en/coins/dydx-chain |
Updated 11 months ago
Did this page help you?
