dYdX
$DYDX
7 Results
Major equity indices opened higher on Monday morning, initially responding well to the announced acquisition of SVB by First Citizens Bank, which brought some life to bank stocks. However, the indices have since retraced their gains, with the S&P 500 trading 20 basis points higher and the Nasdaq turning negative, down 70 basis points since market open. The market continues to face rate volatility, with the U.S. 2Y and U.S....
The SPX (-0.8%) and NDQ (-1.3%) slid on Monday morning as investors prepare for a stacked week of earnings and critical events on the economic calendar. Over 20% of the S&P 500 companies will report their earnings this week, including General Motors and McDonald's on Tuesday, followed by tech companies like Amazon, Apple, Alphabet, and Meta Platforms later in the week. Meanwhile, the FOMC will hold its meeting on Tuesday...
FIGURE: GMX BLUEBERRY CLUB MEMBER TRADING USING GNS NFTS WHILE DYDX HEDGIES WATCH INTRODUCTION AND OPPORTUNITY In the last issue of DeFi Digest, we dove into decentralized options, a ‘Zero-to-One’ primitive that can onboard the next wave of DeFi users. Perhaps long overdue, this week we dive into decentralized perpetual futures, an instrument native to the digital asset space. A regular futures contract is simply a contractual legal agreement to...
Traditional markets are finding some footing today, with the SPX and NDQ both rallying over 1.70%, as many are still holding their breath for the âSanta rallyâ after consumer confidence jumped to an 8-month high. Crypto markets are lagging, with BTC -2.82% trading at $16,863 (-0.21%) and ETH -2.34% changing hands at $1,215 (-0.11%). BTC -2.82% .D has climbed over 6% since the start of December, displaying the continued risk-averse attitude of crypto investors....
FIGURE: PEPE FARMING AIRDROPS TO SAVE HIS REKT PORTFOLIO _It's a Bird... It's a Plane... It's Superman an Airdrop!_ Everyone in crypto has heard of airdrops. Anyone who’s anyone, however, has actually received them. Upon receipt of a highly anticipated airdrop, the pang of dopamine from the financial implications and being rewarded for participating in the digital economy does urge one to wonder: _“Rekt pepe, what exactly are airdrops? Are...
