dYdX acquires crypto social trading platform Pocket Protector, marking its first external acquisition

By: odaily.com|2025/07/18 20:11:38
0
Share
copy

Odaily News Decentralized derivatives exchange dYdX has completed the acquisition of crypto social trading platform Pocket Protector, which is its first external acquisition. The transaction was completed in the form of a combination of cash + DYDX tokens, and the specific amount was not disclosed. The two co-founders of Pocket Protector will join dYdX as president and head of growth respectively. The Telegram trading robot (including copy trading function) and the 9-person technical team they developed will be incorporated into dYdX. Pocket Protector was founded last year and has raised $7 million from investors such as Electric Capital and Dragonfly. (The Block)

-- Price

--

You may also like

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

Bitcoin ETFs lost $4.4 billion over 13 trading days, raising questions about market sentiment and Bitcoin's bottom. Here's what Standard Chartered is watching and how traders are managing idle stablecoin balances during uncertain markets.

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

Discover WEEX App’s new trading tabs: Futures, TradFi, Copy Trade (users)/ Elite Trade (lead traders) on the same page. Solve messy navigation, find opportunities faster, and manage all trades in one place. 

Blockchain Capital Partner: The Core Secret of Arbitrage

On cold starts, breaking the circle, and the toughest hurdle for founders to overcome.

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Supercharged search is here! Discover WEEX’s upgraded Search features with hot events, new listings, live market sentiment, and one-click trading. Trade smarter, seize every opportunity.

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

The cryptocurrency industry may gradually shift from the hype of native altcoins to real asset tokenization, on-chain machine economy, and a more mature industrialization phase.

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Overview of Important Market Events on June 17

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com