dYdX Foundation

The Crypto Fear & Greed Index moved from 8 to 55 in three weeks. Tokenized equities crossed $1 Billion in market cap. The dYdX Foundation's April Analyst Call covers the macro repricing, @dYdX protocol metrics, and a conversation with James Hallam - Head of BD at @xstocksFi - on how tokenized stocks and equity perpetuals are converging into a single onchain equity stack. ⏱ Timestamps: 00:00 Intro 01:23 Market Backdrop 03:40 Macro Drivers 05:12 Regulatory 07:40 dYdX Protocol Metrics 11:05 Guest Segment: @xstocksFi 36:16 Strategic Initiatives

@rwasummitglobal at @rwaweek — a shift from narrative to execution 400+ leaders, 1500+ participants Institutional tokenization is here Hosted by @UVECON_VC @RWAlabs_ae @multibank_io with @dydxfoundation @neoslegal @NewTribeCap Proud to support as Partner (PR & Media)

"Institutions do not choose decentralization for philosophical reasons. They choose it the morning after they experience real counterparty risk. #Tokenization does not just digitize existing assets - it fundamentally changes what those assets can do." Introducing our latest Person Spotlight ✍️ We are pleased to share an exclusive interview with @charlesdhaussy, CEO of the @dydxfoundation, where he explores the intersection of Real-World Assets (#RWAs) and perpetual futures, and the endgame vision for a fully tokenized financial ecosystem. Dive into the full conversation to understand how the "perpification" of RWAs is bridging the gap between traditional Wall Street liquidity and #DeFi infrastructure, and why genuine trust and appchain sovereignty will define the next era of global finance. 👉 Read the full interview on our LinkedIn: linkedin.com/pulse/charles-…

Competition vs. collaboration in tokenized equities. James Hallam, Head of BD at @xStocksFi, on why exchanges are integrating competitor-owned infrastructure: Two providers hold 80%+ of the tokenized equity market today. For venues, the choice is build or integrate - most are doing both.

1 day left. $10,000 in prizes. If you're not already trading $WTI-USD on bonk.trade, you're leaving rewards on the table. 🔗 bonk.trade/trade/WTI-USD

Cantina bounty alert: @dYdX just put $1,000,000 on the table. One of the widest bug bounty scopes we've hosted. Protocol layer, data pipeline, frontend, mobile, and SDK all in one program. Researchers, this is your shot. Start here: cantina.xyz/bounties/83b38…

Great to see CCTP now live on @injective. Native USDC is the right primitive, and a big unlock for the Cosmos ecosystem's stablecoin footprint 👏

With 19 out of 31 Active Set validators and 135 accounts having voted, here are the results: 🔹 59.79% Turnout 🔹 81.55% - Yes 🔹 0.00% - No 🔹 18.44% - Abstain votes

Vote Passed ✅ The community has approved the distribution of Surge Season 13 incentives. 🗳 mintscan.io/dydx/proposals…

Tokenized spot equity vs. equity perpetuals. Where does each one win? According to James Hallam at @xstocksFi, perps drive volume, fees, awareness - and are currently in their honeymoon phase. Spot wins on programmable corporate actions (dividends auto-reinvested, splits handled natively) and unlocks the basis trade across venues - but their heyday is still ahead.

Các sàn giao dịch tập trung. Các sàn giao dịch phi tập trung. Ví tự quản lý. Phiên bản cổ phiếu token hóa (tokenized equity) trên chuỗi nào sẽ giành chiến thắng? James Hallam, Head of BD tại @xstocksFi, chia sẻ về câu trả lời mang tính cấu trúc.

RWA SUMMIT #DUBAI - done. And what a day it was🎉 35 speakers - outstanding lineup of real market leaders. Keynote by Executive Chairman of DMCC @ahmedbinsulayem A room full of regulators, institutional investors, and infrastructure leaders having real conversations about where tokenization is actually heading. The energy was undeniable, and the message was clear: RWA #tokenization is not the concept or future, it's the reality, and Dubai is leading the path. Big thanks to our co-hosts - @UveconVC | @RWAlabs_ae | @multibank_io and strategic partners - @LynxcapDeFi | @NewTribeCap | @neoslegal | @dydxfoundation A special appreciation to @DMCCAuthority for hosting the event at Uptown Tower ! Next stop: 🇸🇬 Singapore. October 5-9, 2026 #SINGAPORE @rwaweek coincides with @token2049 - 3 core RWA WEEK events, 1,200+ attendees expected, 50+ speakers, and a full day flagship RWA SUMMIT at Marina One West Tower. The #RWA revolution is just getting started. See you there👀

Dubai showed up on May 1. The most serious room in #RWA tokenization. Regulators, founders, capital allocators, all in one place. As RWA Builders, @dydxfoundation was a proud partner. Represented: @ALFardan · @dmcccrypto · VARA · @KASTxyz · @CoinMENA · @bitdelta · @Cointelegraph · @prypcocom · RWAlabs.ae · @GCEX · @Mastercard · @DBCC_AE · @Citi · @NewTribeCap · @SuperteamAE · @ZIGChain · @neoslegal · @RockawayX · @fasset · @dydxfoundation · @scventuresDNA · @hackenclub · @FireblocksHQ

Centralized venues. Decentralized venues. Self-custody wallets. Which version of on-chain tokenized equity wins? James Hallam, Head of BD at @xstocksFi, on the structural answer 👇

The dYdX x @Voltrade_xyz RWA trading competition is live! You know what to do 🫡 T&Cs apply ➡️ dydx.xyz/blog/dydx-x-vo…

Watch the full April 2026 Analyst Call 👇 youtu.be/iWoLcNRSfaM

The tokenized equity market went from $20 M in market cap in late 2024 to over $1 B by March 2026 - a 50x expansion in 15 months. James Hallam, Head of Business Development at @xStocksFi, breaks down the three distinct demand vectors driving the curve: 🔹 Retail: particularly in markets historically locked out of direct US equity access. 🔹 Builders: Looping, options, and novel structured products on top of tokenized equities are seeing meaningful inbound. 🔹 Institutions: Traditional market makers entering because their TradFi equity hedging expertise translates directly. Larger issuers - BlackRock, Nasdaq tier - actively asking how to tokenize and distribute their assets globally. Three different demand profiles. One asset category. The convergence is no longer narrative.

⛓️ On-Chain Vote Created ⛓️ Should the community approve the transfer of $50,000 from the Community Treasury to be distributed to Season 13 Surge Program participants for the Liquidation Rebate Program? 🗳 Vote ends on May 7th 2026, 09:13 UTC* 🔗 dydx.forum/t/dydx-surge-s… ➡️ mintscan.io/dydx/proposals…

With 16 out of 31 Active Set validators and 124 accounts having voted, here are the results: 🔹 46.86% Turnout 🔹 90.96% - Yes 🔹 0.00% - No 🔹 9.04% - Abstain votes

Vote Passed ✅ The community has approved winding down AKT-USD, GNO-USD, MNRY-USD and MOG-USD markets. 🗳 mintscan.io/dydx/proposals…

With 22 out of 31 Active Set validators and 131 accounts having voted, here are the results: 🔹 61.88% Turnout 🔹 78.61% - Yes 🔹 0.00% - No 🔹 21.39% - Abstain votes

Vote Passed ✅ The community has approved adding order router rev share for Nautilus Trader. 🗳 mintscan.io/dydx/proposals…