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FxWirePro- Token Unlock today (DYDX)

Today, December 24, 2024, marks a significant event for the dYdX (DYDX) token, as 6.34 million DYDX tokens are being unlocked. This represents approximately 0.63% of the total supply and is valued at around $9.37 million…

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Today, December 24, 2024, marks a significant event for the dYdX (DYDX) token, as 6.34 million DYDX tokens are being unlocked. This represents approximately 0.63% of the total supply and is valued at around $9.37 million.

Unlocking Event:

  • Amount: 6,340,000 DYDX
  • Percentage of Total Supply: 0.63%
  • Market Value: ~$9.37 million

Previous Unlocks: The most recent unlock before today occurred on December 1, when 8.33 million DYDX tokens were released, representing about 0.83% of the total supply.

Future Unlocks: Following today’s unlock, the next scheduled release is set for January 1, 2025, where an additional 8.35 million DYDX tokens will be unlocked.

The unlocked tokens will be allocated as follows:

Round

% of Allocation

Trading Rewards

+1.49% (+2.16M tokens)

Liquidity Provider Rewards

+1.49% (+489.38K tokens)

Liquidity Staking Pool

+1.49% (+86.25K tokens)

Safety Staking Pool

+1.49% (+78.94K tokens)

 

 

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