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![MrPraetorian Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2874198844.png) JimmySmalls.eth [@MrPraetorian](/creator/twitter/MrPraetorian) on x 14.6K followers
Created: 2025-07-24 08:32:02 UTC

Happy Thirsty Thursday!

Here is a slightly deeper dive on dYdX👇

🛰️ Cosmos SDK L1 where the orderbook + matching run inside consensus (~1s blocks) - no centralized sequencer.

📊 XXX% of trading / funding / liquidation fees → validators & stakers in USDC, claimable every block (real cashflows, not inflation).

💎 Permissionless “Instant Listings” - list a new perp if you supply an oracle + risk params.

🏛️ USDC MegaVault bootstraps day-one liquidity so new markets don’t launch with trash spreads.

🧩 Governance + staking = native DYDX only. Ethereum bridge is closed - migrate & stake to earn USDC.

Your lanes:
•  Stake DYDX → earn USDC fees per block
•  List a perp you care about (bring oracle + risk settings)
•  Provide USDC to liquidity vaults for new markets
•  Run/build infra (validators, analytics, risk dashboards)

Watch next: validator concentration & fee APYs, long-tail markets (memes/RWAs/AI), MegaVault risk/yield tooling.

Why it matters: on-chain orderbook speed, transparent settlement, cashflow to stakers, and permissionless market creation - the wedge vs. CEXs & AMM perps. 🫡

![](https://pbs.twimg.com/media/GwnAosEWsAATajf.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948300126537314360/c:line.svg)

**Related Topics**
[oracle](/topic/oracle)
[inflation](/topic/inflation)
[chapter 11](/topic/chapter-11)
[blocks](/topic/blocks)
[cosmos](/topic/cosmos)
[usdc](/topic/usdc)
[coins made in usa](/topic/coins-made-in-usa)
[coins bsc](/topic/coins-bsc)

[Post Link](https://x.com/MrPraetorian/status/1948300126537314360)