dYdX Chain Launches Liquid Staking with Stride

Adekunle Joshua

dYdX Chain has unveiled Liquid Staking options with Stride

Users can now lock their tokens and receive stDyDx for lending, borrowing, and staking

In addition to Stride, more providers like Persistence and Quicksilver will join soon

Following this, dYdX experienced a price pump with a notable increase in trading volume

According to technical analysis, a potential 55% rally is expected