OKX Launches dYdX (DYDX) on On-chain Earn Platform

OKX Launches dYdX On On-chain Earn Platform

Leading crypto exchange, OKX, is set to offer dYdX (DYDX) subscriptions on its On-chain Earn platform, starting from 13:00 am UTC on May 23, 2024, according to a recent announcement.

This move allows users of the platform to experience on-chain rewards without any hassle. The integration of dYdX into the OKX On-chain Earn platform is seen as a significant step towards making on-chain rewards more accessible to a broader user base.

What is dYdX?

dYdX is a decentralized protocol that offers users the ability to trade, borrow, and lend crypto assets directly from their wallets. The protocol's integration into the OKX platform is expected to enhance the user experience by offering more options for earning rewards.

OKX's On-chain Earn Platform

OKX's On-chain Earn platform is a feature that allows users to earn rewards by staking their crypto assets. It provides various options for users to maximize their earnings, including savings, staking, and DeFi. The addition of dYdX is expected to further expand these earning opportunities.

The move to offer dYdX subscriptions on On-chain Earn aligns with OKX's vision of promoting the blockchain industry's development by making it easier for users to access and benefit from on-chain rewards. This development is anticipated to attract more users to the platform and further establish OKX's position in the industry.