Data: 150 million DYDX will be unlocked on December 1, of which 83.19 million have been sent to investors

According to ChainCatcher news, monitored by Lookonchain, dYdX will unlock 150 million DYDX (approximately $505 million) on December 1, accounting for 81.63% of the circulating supply, of which 83.19 million DYDX (approximately $280 million) has been unlocked for investors, accounting for 46.15% of the circulating supply.

It is reported that in the dYdX tokenomics, 50% (500 million DYDX) will be allocated to investors, founders, employees, advisors, and future employees and consultants. Among them, 30% (150 million DYDX) will be unlocked on December 1. The dYdX Foundation has sent tokens to investor addresses, including a16z crypto, Defiance Capital, and Polychain Capital. Most investors have cross-chained DYDX to the dYdX Chain, with a16z crypto having cross-chained all 42.69 million DYDX (approximately $140 million) through multiple addresses. Currently, 437.4 million DYDX (approximately $1.47 billion) have been cross-chained to the dYdX Chain, accounting for 43.74% of the total supply. Since it is a one-way cross-chain, the $437.4 million DYDX will be permanently locked in the wethDYDX smart contract.

In addition, the top 20 holders of DYDX collectively hold 850 million DYDX (approximately $2.83 billion), accounting for 85.09% of the total supply. FalconX has withdrawn 1.14 million DYDX (approximately $3.84 million) from Binance in the past 5 days; the whale 0x2A25 deposited all 1.5 million DYDX (approximately $5.08 million) received from dYdX: DYDX Distributor into Binance 6 days ago.