Market
How to Stake DYDX Tokens

Decentralized finance (DeFi) platforms continuously transform, bringing innovative financial solutions and enhancing security through distributed systems. An essential component of the dYdX Chain’s functionality is its staking mechanism: as with other Proof-of-Stake consensus mechanisms, it secures and stabilizes the chain whilst enabling the community to actively participate in governance and consensus processes.
This article provides a guide to staking DYDX tokens on the dYdX Chain, from understanding the basics of staking to managing and optimizing your positions.
The Importance of Staking on dYdX Chain
Staking in the context of blockchain technology involves holding funds in a cryptocurrency wallet to support the operations of a blockchain network and receive rewards. In many Proof of Stake (PoS) mechanisms, staking contributes to the network’s security and efficiency. Users stake their tokens to gain the right to participate in managing the network, including voting on protocol changes and validating transactions.
dYdX Chain leverages the Cosmos SDK Staking module which supports a PoS blockchain and enables DYDX holders to become Validators and/or delegate the stake of their DYDX to a dYdX Chain Validator.
For the dYdX Chain, staking is not only a measure to secure the network but also a mechanism to reward stakers. Stakers help to decentralize the Validator set improving the decentralization of the network. In return, they earn staking rewards, which are predominantly derived from the trading fees generated by the platform.

dYdX distributes 100% of protocol fees to stakers in USDC instead of the native token. As of today, the protocol has allocated $24.6 million to over 21,000 stakers. According to Mintscan, current APR for staking DYDX sits at 19,45%.
How to Stake DYDX
The process of staking DYDX tokens involves several key steps:
Staking
Staking DYDX tokens on the dYdX Chain is key to secure the network, rewards stakers with USDC staking rewards and enables the community to participate in governance.. This guide will provide you with a clear and concise method to stake your DYDX using the Keplr wallet, which interfaces directly with the dYdX Chain, allowing for both standard and liquid staking options. Staking is also available through Ledger Live, Leap and Anchorage. Over time it’s likely there will be additional staking providers to choose from.
Keplr is a non-custodial blockchain wallet accessible via a web browser extension or mobile app. It’s specially designed for the Cosmos ecosystem and is enabled by Inter-Blockchain Communication (IBC).
Step-by-Step Procedure
1. Bridge Tokens:
First, make sure your DYDX tokens are on the dYdX Chain by following the bridging from Ethereum to dYdX Chain how to guide.
2. Setup Keplr Wallet:
- New Users: Install the Keplr wallet extension, create an account, and navigate to the staking dashboard.
- Existing Users: Import your wallet using a secret phrase and navigate to the staking dashboard.

Staking:
- Access the ‘Staking’ section on the Keplr Dashboard.
- Choose a Validator from the list and decide the amount of DYDX to stake.
- Confirm the transaction by paying the required gas fee.

Follow this How-to-Stake guide for further information.
Liquid Staking Option
You can also opt for liquid staking through platforms like Stride, Quicksilver and pStake Finance, which allows you to stake DYDX and receive liquid staking tokens in return.
Staking DYDX is a straightforward process: once your tokens are bridged and your Keplr wallet is set up, you’re ready to jump in. By staking, you not only help secure the network, you receive 100% of protocol fees distributed to dYdX Chain Stakers. Choose your Validator/s wisely to maximize your returns and secure your investment.
Redelegating
Redelegating DYDX tokens allows you to shift your staked tokens from one Validator to another on the dYdX Chain without undergoing an un-bonding period. This guide will walk you through the process of re-delegation using the Keplr wallet, ensuring your tokens remain active and continue earning rewards while switching Validators.
1. Access Validators List:
Log into your Keplr wallet and navigate to the staking section where your current validators are listed.
2. Initiate Redelegation:
- Click the arrow next to the validator where your DYDX tokens are currently staked.
- Select “Redelegate” from the options.
3. Select New Validator:
- Choose a new validator to whom you wish to shift your delegation.
- Enter the amount of DYDX tokens you want to redelegate and confirm by clicking ‘Redelegate’.
- Complete the transaction by paying the necessary gas fees on the dYdX Chain
4. Confirmation
After the transaction, check your dashboard to confirm the update to your staked tokens’ allocation.
Re-delegation is a valuable feature that enhances flexibility in staking strategies without sacrificing reward potential. It’s essential to consider the performance and reliability of new Validators Remember, the slashing risk of your tokens will follow the original Validator’s performance until the end of the u-nbonding period.
Unstaking
Unstaking DYDX tokens is a process to remove your tokens from being actively staked to a Validator on the dYdX Chain. This guide provides an overview of the steps to withdraw your stake using the Keplr wallet, detailing the un-bonding period and the management of the tokens post-unstake.
Step-by-Step Procedure
- Access Keplr Dashboard:
Open your Keplr wallet and navigate to the validators to whom you have staked DYDX tokens. - Begin Unstaking:
- Click on the Validator from whom you wish to remove your stake.
- Enter the number of DYDX tokens you wish to un-stake and confirm by clicking ‘Undelegate’.
- Pay the necessary gas fee on the dYdX Chain to process the transaction.
- Un-bonding Period:
Note that your DYDX tokens will enter a 30-day un-bonding period, during which they are not active but still under the slashing risk from the original validator.
Un-staking DYDX tokens allows you to regain control of your assets, but it requires understanding the risks and timing due to the un-bonding period. Once unstaked, you can choose to restake with a different Validator or manage your tokens as you see fit. This flexibility supports diverse strategies aligned with your investment goals and risk tolerance.
Key Considerations in Staking
Validator Performance
The choice of Validator is crucial since a Validator’s performance and reliability affect the staking rewards. Validators with high uptime and efficiency in transaction processing are likely to generate higher rewards for their stakers.
Slashing Risks
Staking on blockchain networks involves certain risks, including slashing. If a Validator acts maliciously or fails to fulfill their duties, they and their stakers may be penalized by slashing (partial loss) of the staked tokens. Therefore, choosing a reputable and reliable validator is essential.
Lock-Up Periods
Staked DYDX tokens are locked up during the staking period, which means they are not liquid and cannot be traded or transferred. Understanding the terms related to the lock-up period, including any conditions that might affect the ability to withdraw or move staked tokens, is vital for effective staking strategy planning.
Advanced Staking Strategies
Experienced stakers might engage in strategies such as staking derivatives, where they use synthetic assets to represent staked tokens, allowing them to remain liquid. Additionally, dynamic staking strategies might involve shifting stakes between validators based on performance and reward forecasts.
Conclusion
Staking DYDX tokens secures and stabilizes the network, rewards stakers with 100% of protocol fees distributed in USDC and enables the community to participate in governing a fully decentalized market leading protocol. To date over 15%(153M) of the total DYDX token supply is locked up and securing the dYdX Chain. When selecting Validators DYOR, manage risk, and if you decide to engage in advanced staking strategies understand the risks.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
iDEGEN finishes the presale race with hype as investors fear missing out


- Solana will likely remain under pressure in the near term despite the steady fundamentals.
- iDEGEN is ending its presale with the same hype that has carried it through the presale as investors fear missing out.
- Even with the likely approval of a Litecoin ETF, the bulls lack enough momentum to fuel a breakout
Crypto bulls remain in control amid optimism of a 2025 bull run. However, with a neutral market sentiment, most crypto majors have been range-bound in the just concluded week. Even so, meme coins continue to attract savvy investors looking for cheaper alternatives with robust growth potential.
Since the launch of its presale on 26th November 2024, iDEGEN has taken its enthusiasts on a wild ride; raking in hefty returns for its early adopters along the way. With just a few days left before its listing on decentralized exchanges (DEXs), market participants forecast an explosive entry. As such, more investors are rushing to amass $IDGN tokens before time runs out.
Solana price stuck between the battle of optimism vs. technicals
Solana price has continued to find support in the optimism of a bull run in 2025. Besides, the surge in altcoin ETFS’ filings is a key tailwind for the crypto major.
Even so, buyers are still on the sidelines as the market sentiment remains neutral. With this low bullish momentum, Solana price failed to sustain a rebound past $180 earlier in the week.
A look at its daily chart shows the continuation of the death cross pattern as the short-term 25-day EMA remains below the 50-day MA. At its current level, the bulls are keen on defending the support at $$167.68. Below that level, the bears will be looking to pull it further to $160.10. On the upper side, $186.21 is still the resistance level to beat if the crypto is to stage a successful breakout.

iDEGEN’s timing, community, and positioning sets it for unmatched heights
iDEGEN’s virality and success is proof that the market is ripe for projects that defy the norms. Indeed, the absence of guardrails is one of the factors that have catapulted the AI crypto to its current levels.
Crypto degens have been responsible for raising the AI agent, steadily feeding it with uncensored content. This community has become so committed and influential that not even the bans on X could stop the movement In fact, it only fueled the FOMO.
As a result, iDEGEN has raised over $24 million with more than 1.8 million $IDGN tokens already sold. At its current price of $0.0345, the early adopters are sitting on returns of over 31,000% even before it hits the public shelves.
Based on its infrastructure, timing, and virality, iDEGEN has robust growth potential. Whether or not the heightened speculations of a Binance listing will materialize, the crypto is set for great heights on the back of a crypto-friendly environment, an engaged community, and the positioning of AI in the crypto space.
Besides, its rivals like Hamster Kombat, AI16z, and Fartcoin, which were launched in October 2024, have since seen their market cap exceed $100 million. In fact, AI16z is currently valued at over $400,000. With this immense validation of AI cryptos, iDEGEN’s value will likely surge by at least 10X in coming months. Read more on how to buy the iDEGEN token here.
Optimism over a Litecoin ETF not enough to yield a breakout

SEC is already reviewing Canary Capital’s proposal of a Litecoin ETF; an aspect that is offering support to the altcoin. On its daily chart, it continues to trade above the 25 and 50-day EMAs; pointing to further gains in the near term.
However, with buyers on the sidelines, Litecoin price may remain range-bound for a while longer. More specifically, the range between $120.25 and $131.25 is worth watching. Heightened optimism may further boost the altcoin to find resistance at $135.12.
Market
3 Meme Coins to Watch For The Last Week of February 2025

DOGEai, TST, and BROCCOLI are three meme coins drawing attention for the last week of February. DOGEai, launched on Solana, is up 110% in the past seven days, positioning itself as a leading AI meme coin.
TST remains one of the most popular meme coins on the BNB chain despite a recent correction. At the same time, BROCCOLI, inspired by Binance co-founder CZ’s dog, has also seen significant volatility.
DOGEai (DOGEAI)
DOGEai is an artificial intelligence coin launched on Solana. Its market cap is now $32 million, up 82% in the last seven days. This rise has positioned DOGEai as one of the most talked-about AI meme coins in recent days.

DOGEai leverages multiple narratives, including Dogecoin’s popularity, the growing interest in DOGE (Department of Government Efficiency), and the broader AI cryptos trend. It defines itself as “an autonomous AI agent here to uncover waste and inefficiencies in government spending and policy decisions,” offering bill summaries and insights into government expenditures.
If the current uptrend continues, DOGEai could test the resistance at $0.048, with potential targets at $0.059 and $0.069. However, if a downtrend emerges, DOGEai has support at $0.030, and if that level is lost, it could drop to $0.018 or even $0.0092.
Test (TST)
TST has emerged as one of the most popular meme coins on the BNB chain, benefiting from the chain’s growing volume, which recently even surpassed Solana.
In the days following its launch, TST reached a market cap close to $500 million, then entered a strong correction phase. Its market cap has since dropped to $78 million.

If the BNB narrative gains strength again, TST could benefit as one of its most popular meme coins and may test the resistance at $0.10. A breakout above this level could push TST to $0.20 or even $0.25 if buying pressure intensifies.
However, if TST fails to regain strong upward momentum, it could test the support at $0.0719 and potentially drop to its lowest levels since February 9.
CZ’S Dog (BROCCOLI)
BROCCOLI was launched a few weeks ago after Binance co-founder CZ revealed his dog’s name, sparking a flood of BROCCOLI tokens on the market.
The largest of these tokens quickly surged to a $249 million market cap in its early days but has since dropped to $52 million.
Like TST, BROCCOLI benefited from the recent rise of the BNB ecosystem but has since entered a strong correction phase. It is down 40% in the last seven days.

If the downtrend continues, BROCCOLI could test support near $0.04, and a break below this level could push it to its lowest price since launch.
However, if the BNB ecosystem and meme coins regain traction, BROCCOLI could benefit, especially given the popularity of dog-related meme coins like Dogecoin and Shiba Inu. In this bullish scenario, BROCCOLI could rise to test the resistance at $0.113.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Ethereum Rollback Debate Intensifies After Bybit Hack

The crypto community is divided over calls for an Ethereum blockchain rollback following a massive security breach at Bybit.
On February 21, the exchange lost nearly $1.5 billion in ETH to hackers, sparking discussions about whether Ethereum should intervene to recover the stolen funds.
What is a Blockchain Rollback?
A blockchain rollback, also known as a reorganization, involves reversing confirmed transactions to restore the network to an earlier state.
This process usually happens after a major security breach or exploit. Validators must reach a consensus to discard the affected blocks, effectively erasing the malicious transactions.
Despite its potential benefits, a rollback remains a controversial and rarely used measure due to its impact on a blockchain’s trust and decentralization.
Blockchains operate on the principle of immutability, meaning transactions are expected to be final once confirmed. So, rolling back transactions challenges this principle, raising concerns about the security and reliability of the network.
Crypto Leaders Clash Over Ethereum Rollback Proposal
BitMEX co-founder Arthur Hayes has been vocal in advocating for a rollback to solve the ByBit hack. He pointed to the 2016 DAO hack, where Ethereum underwent a hard fork to recover stolen funds, as precedent.
Hayes argued that since Ethereum previously compromised on immutability, another intervention should not be off the table.
“My own view as a mega ETH bag holder is ETH stopped being money in 2016 after the DAO hack hardfork. If the community wanted to do it again, I would support it because we already voted no on immutability in 2016,” Hayes said.
JAN3 CEO Samson Mow also supported the rollback, stating it could prevent North Korea from using the stolen funds to fund its nuclear weapons program.
However, not everyone agrees. Pseudonymous crypto trader Borovik strongly opposed the idea, arguing that a rollback would jeopardize Ethereum’s credibility and neutrality.
Bitcoin advocate Jimmy Song also dismissed the possibility, stating that the Bybit hack cannot be compared to the 2016 DAO exploit. Song emphasized that the DAO hack allowed for a 30-day intervention, whereas the Bybit attack is already finalized, making a rollback impractical.
“I know people are expecting the Ethereum Foundation to roll back the chain, but I suspect it’s already too much of a mess to do it cleanly,” Song added.
Meanwhile, Ethereum supporter Adriano Feria introduced an alternative perspective. He argued that Bybit could have avoided this situation by using a Layer 2 (L2) solution with conditional reversible transactions.
According to Feria, blockchain technology needs some form of reversibility to ensure real-world adoption.
“Whether through social recovery or another pre-determined, immutable, and transparent decision-making process, real-world mass adoption will not work without reversible transactions. Without this capability, transactional activity will inevitably gravitate toward TradFi systems that already provide it,” Feria stated.
This debate raises a fundamental question for Ethereum: should it prioritize immutability or intervene in extreme cases?
While some see a rollback as a necessary response to an unprecedented loss, others fear it could undermine the core principles of decentralization. Ethereum’s next steps will likely shape its long-term credibility and trust within the crypto space.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
-
Ethereum23 hours ago
Bitcoin Pepe set to reap big from its virality, fundamentals, and timing
-
Altcoin22 hours ago
Lawyer Estimates Maximum Timeframe for Ripple vs SEC Case Dismissal
-
Altcoin21 hours ago
Litecoin Whales On Buying Spree Sack 930K Coins Amid LTC ETF Buzz, What’s Next?
-
Market20 hours ago
Kanye West is Launching His Token Despite Past Criticism
-
Market23 hours ago
Bybit Assures Stability Amid $5.2 Billion Asset Outflow After Hack
-
Market22 hours ago
Mantle (MNT) Falls 10% as Bybit Hack Rattles Investors
-
Market19 hours ago
Myanmar Junta Leader’s Social Media Hijacaked for Crypto Fraud
-
Market18 hours ago
Bitcoin Could Rebound to $100,000 Soon Despite Bearish Pressure