News
Weekly Newsletter What happened on the Cosmos ecosystem this week January 15th–21th, 2024
Dymension's Mainnet nears; Stride to launch stDYM. DYdX v4 beats Uniswap in volume. Stargaze hits $2M in trades. Tether integrates across Cosmos chains.
Author
Imperator
Date
Jan 21, 2024
1- Dymension Gears Up for Landmark Mainnet Launch
Dymension’s Mainnet launch is on the horizon, a pivotal moment in blockchain advancement. This follows the successful completion of Rolldrop Season 1, with 528,523 addresses participating and ongoing redistribution of unclaimed DYM
2- Stride Set to Unveil stDYM Post-Dymension Mainnet Launch
Stride announces the upcoming release of stDYM, a liquid staking token for DYM, closely following Dymension’s Mainnet launch. This move reinforces Stride’s expanding leadership and innovation within the Cosmos ecosystem.
3- DYdX v4 DEX Triumphs Over Uniswap in Daily Volume, Cementing Its Leadership Post-Cosmos Move
This week, DYdX v4 DEX surpassed Uniswap in daily trading volumes, hitting an impressive $757 million. A significant milestone in DeFi, highlighting the impact of DYdX’s strategic transition to the Cosmos ecosystem
4- Stargaze Marketplace Surges Past $2M in Trading Volume, Marking a Record-Breaking Month
Stargaze Marketplace shatters records, surpassing $2M in trading volume without the month even ending. A clear sign of their escalating dominance in the market.
5- Seamless Tether Integration Across Cosmos: Single-Click Access to $USDt on Major Appchains
Tether now available across Cosmos appchains with a single click! Access native $USDt on platforms like Injective, Osmosis, Evmos, Akash, and Sei Network. Explore more at: https://app.kava.io/transfer
