Blockdaemon Blog

Announcing Blockdaemon’s Support for dYdX

Product Updates
Mar 28, 2024
Blockdaemon now supports dYdX, a leading proof-of-stake network.

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

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​. 

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 in touch with Blockdaemon today to learn more about Stacks and how to get started stacking STX.

Thank you for connecting with Blockdaemon; we look forward to assisting with your blockchain endeavors.
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