dYdX

SpecificationsDetails
Platform (underlying architecture)Layer 1
Consensus AlgorithmProof-of-Stake
EcosystemCosmos
TokenDYDX
Native Token Ticker$DYDX
Smallest Unit

ARR or APY~16%
Max Supply1B (capped supply)
Delegation Requirements (Min-Max)No minimum and maximum limit
Stake Activation PeriodNone
Reward Distribution PeriodEvery block (~1.08 seconds) (claim manually)
CompoundingManual
Compounding FrequencyCan be redelegated as rewards earned
Unbonding Period21 days
Lockup PeriodNone
Penalties and SlashingYes, double-signing and downtime incidents are both eligible for slashing
Burn MechanismNone
Validator Self-Bond RequirementNo minimum limit. The top 50 validators with the highest total stake are considered active.
Inflation2%
Validator Set DiversityThe 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 MechanismOn-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 FaucetUsing npm package
Figment’s Public Validator Addressdydxvaloper1d9e68e7glce5pehh8qk0gcx9l06tjeh0naz0r0
Figment Staking GuideHERE
Figment Supported MEV RelayN/A
Recommended Wallet(s)Keplr, Leap
CoinGecko Profilehttps://www.coingecko.com/en/coins/dydx-chain

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