Share this article

Crypto Analysts Warn Against Shorting DYDX Ahead of $200M Token Unlock

The token unlock, which will take place on Feb. 2, will release 150 million coins worth about $200 million and 15% of the total supply.

Crypto derivatives exchange dYdX is set to unlock its DYDX token. (Unsplash, modified by CoinDesk)
Crypto derivatives exchange dYdX is set to unlock its DYDX token. (Unsplash, modified by CoinDesk)