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Announcing Blockdaemon’s Support for dYdX

Blockdaemon now supports dYdX, a leading proof-of-stake network.

Author:
Conor
Keville
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Announcing Blockdaemon’s Support for dYdX

March 27, 2024

Blockdaemon now supports dYdX, a leading proof-of-stake network built using the Cosmos SDK and leveraging CometBFT for achieving consensus. 

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Key Features:

  • Proof-of-Stake: The dYdX Chain employs a Proof-of-Stake (PoS) mechanism where DYDX holders can either become validators or delegate their DYDX tokens to a dYdX Chain validator, such as Blockdaemon. 
  • Maximum Number of Validators: Maximum of 60 validators in the active set. Blockdaemon is currently in the active set.
  • Unbonding Period: 30 days.

Start Staking with Blockdaemon 

Staking and the delegation of dYdX tokens contribute directly to the security of the network, with a diversified set of validators enhancing the network's resilience​. 

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To get started staking dYdX with Blockdaemon, you can access the Blockdaemon validator directly here, or contact us in the form below for more information. 

get started

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