dYdX Takes Quick Insurance Action in Response to $9M Liquidation

dYdX Takes Quick Insurance Action in Response to $9M Liquidation

Following a $9 million liquidation event, dYdX uses its insurance money, which initiates a significant inquiry into possible market manipulation. The well-known decentralized exchange dYdX has used its insurance fund to lessen the effects of a major liquidation event that impacted user positions valued at $9 million. The founder of dYdX, Antonio Juliano, ascribed these […]