Anchorage Digital Expands Support for DYDX Staking

Wednesday, 15 May 2024, 14:00

Anchorage Digital, a leading institutional crypto platform, now offers native DYDX staking, allowing institutions to stake DYDX directly from their secure custody. This development enables institutions to earn staking rewards in USD Coin (USDC), solidifying their involvement in the dYdX ecosystem.
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Anchorage Digital Expands Support for DYDX Staking

Anchorage Digital Enables Native DYDX Staking for Institutions

Anchorage Digital, an institutional crypto platform, has announced support for native DYDX staking, according to the information shared with Finbold.

Staking DYDX on Anchorage Digital

  • Supports hundreds of top assets based on institutional demand
  • Clients can stake DYDX to earn rewards securely held in custody

Driving Decentralization on the dYdX Chain

  • dYdX Chain is a leading DeFi protocol with a focus on perpetual futures
  • 100% of protocol fees distributed to DYDX stakers

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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