dYdX: Highly profitable trading strategy now banned
dYdX announced on social media that its high-profit trading strategy has been banned. In addition, dYdX also announced today that it has used approximately $9 million from the dYdX v3 insurance fund to fill the gap in the YFI market liquidation, and the v3 insurance fund still has $13.5 million in remaining funds and is in good financial condition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Online gambling market to hit $161B in 5 years, new data reveals
WIFPERP now launched for USDC-M futures trading
XRP Rally Unstoppable: XRP, Which Has Surpassed All Altcoins One By One, Could Soon Surpass Ethereum! Here's Why!
Messari analyst Sam Ruskin claimed that XRP could also surpass Ethereum's market cap.