[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Bahram [@0xUncleB](/creator/twitter/0xUncleB) on x 4128 followers Created: 2025-07-10 15:57:44 UTC After diving into @dydxfoundation H1 2025 Semi-Annual Report, here are the most important takeaways: In the first half of 2025, dYdX v4 recorded over $XXX billion in trading volume, solidifying its place as the largest derivatives DEX in the Cosmos ecosystem. More than $XXX million in profits were generated for traders and LPs, proving that its liquidity and staking mechanisms are actually delivering results. The number of active traders on v4 more than tripled compared to Q4 2024. That kind of growth doesn’t come from airdrop hype it comes from real adoption. Over $130M USDC has been staked to secure the network, reflecting strong user trust in the new L1’s security model. The validator set is now XXX% community-chosen, and the proof-of-stake system is truly decentralized in practice. The protocol generated $XX million in net revenue just from trading fees in six months. That revenue gets automatically distributed across validator rewards, the insurance fund, and treasury meaning dYdX has a self-sustaining model baked in. The Foundation itself has deployed around $10M from its treasury toward ecosystem development from grants to strategic partnerships and local community chapters. Over XX new grants were issued to builders focused on data, UX, and research tools. This isn’t a black box. The Foundation tracks KPIs transparently and provides detailed financial reporting. Roughly XX% of Q1 expenses were allocated to community growth and education not just ops. On governance, major proposals have been passed with wide voter participation. Over XXXXXX unique votes were cast in the past six months, with new tools like Snapshot improving accessibility and speed. Tech-wise, the move to a fully on-chain orderbook (validated by nodes, not hosted servers) has changed the game. With no rollup dependency, v4 enjoys full control of upgrades and execution. LP slippage is down over XX% on average, thanks to smart liquidity upgrades. International adoption is also ramping up. Local chapters have launched in Turkey, Korea, Nigeria, and Vietnam. Content is being translated into 10+ languages and supported by regional KOLs. Looking ahead, the roadmap for H2 includes upgrades to execution layers for higher throughput, incentive models for onboarding new market makers, better UI/UX for retail users, and dedicated mobile toolkits. In short, dYdX isn’t just a derivatives protocol anymore it’s becoming a full-stack, modular trading chain governed by its users and optimized for global scale. This report made it clear: this team isn’t chasing flashy metrics. They’re building resilient infrastructure, with long-term decentralization and real economics at the core. If you’re looking for a Web3 project that’s functional, scalable, and accountable this report is worth your time. @dYdX is proving that decentralization, when done right, can also be profitable.  XXX engagements  **Related Topics** [momentum](/topic/momentum) [$dydx](/topic/$dydx) [surge](/topic/surge) [$20m](/topic/$20m) [staking](/topic/staking) [generated](/topic/generated) [cosmos](/topic/cosmos) [h1](/topic/h1) [Post Link](https://x.com/0xUncleB/status/1943338860940804490)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Bahram @0xUncleB on x 4128 followers
Created: 2025-07-10 15:57:44 UTC
After diving into @dydxfoundation H1 2025 Semi-Annual Report, here are the most important takeaways:
In the first half of 2025, dYdX v4 recorded over $XXX billion in trading volume, solidifying its place as the largest derivatives DEX in the Cosmos ecosystem. More than $XXX million in profits were generated for traders and LPs, proving that its liquidity and staking mechanisms are actually delivering results.
The number of active traders on v4 more than tripled compared to Q4 2024. That kind of growth doesn’t come from airdrop hype it comes from real adoption.
Over $130M USDC has been staked to secure the network, reflecting strong user trust in the new L1’s security model. The validator set is now XXX% community-chosen, and the proof-of-stake system is truly decentralized in practice.
The protocol generated $XX million in net revenue just from trading fees in six months. That revenue gets automatically distributed across validator rewards, the insurance fund, and treasury meaning dYdX has a self-sustaining model baked in.
The Foundation itself has deployed around $10M from its treasury toward ecosystem development from grants to strategic partnerships and local community chapters. Over XX new grants were issued to builders focused on data, UX, and research tools.
This isn’t a black box. The Foundation tracks KPIs transparently and provides detailed financial reporting. Roughly XX% of Q1 expenses were allocated to community growth and education not just ops.
On governance, major proposals have been passed with wide voter participation. Over XXXXXX unique votes were cast in the past six months, with new tools like Snapshot improving accessibility and speed.
Tech-wise, the move to a fully on-chain orderbook (validated by nodes, not hosted servers) has changed the game. With no rollup dependency, v4 enjoys full control of upgrades and execution. LP slippage is down over XX% on average, thanks to smart liquidity upgrades.
International adoption is also ramping up. Local chapters have launched in Turkey, Korea, Nigeria, and Vietnam. Content is being translated into 10+ languages and supported by regional KOLs.
Looking ahead, the roadmap for H2 includes upgrades to execution layers for higher throughput, incentive models for onboarding new market makers, better UI/UX for retail users, and dedicated mobile toolkits.
In short, dYdX isn’t just a derivatives protocol anymore it’s becoming a full-stack, modular trading chain governed by its users and optimized for global scale.
This report made it clear: this team isn’t chasing flashy metrics. They’re building resilient infrastructure, with long-term decentralization and real economics at the core.
If you’re looking for a Web3 project that’s functional, scalable, and accountable this report is worth your time. @dYdX is proving that decentralization, when done right, can also be profitable.
XXX engagements
Related Topics momentum $dydx surge $20m staking generated cosmos h1