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Weekly Newsletter What happened on the Cosmos ecosystem this week January 15th–21th, 2024

Dymension's Mainnet nears; Stride to launch stDYM. DYdX v4 beats Uniswap in volume. Stargaze hits $2M in trades. Tether integrates across Cosmos chains.

Author

Imperator

Date

21 janv. 2024

Graphic summarizing the Cosmos Weekly Recap for January 15th-21th, 2024, featuring key project logos and highlighting significant partnerships, strategic developments in DeFi, and blockchain advancements curated by Imperator.co.
Graphic summarizing the Cosmos Weekly Recap for January 15th-21th, 2024, featuring key project logos and highlighting significant partnerships, strategic developments in DeFi, and blockchain advancements curated by Imperator.co.
Graphic summarizing the Cosmos Weekly Recap for January 15th-21th, 2024, featuring key project logos and highlighting significant partnerships, strategic developments in DeFi, and blockchain advancements curated by Imperator.co.

1- Dymension Gears Up for Landmark Mainnet Launch

Dymension’s Mainnet launch is on the horizon, a pivotal moment in blockchain advancement. This follows the successful completion of Rolldrop Season 1, with 528,523 addresses participating and ongoing redistribution of unclaimed DYM


2- Stride Set to Unveil stDYM Post-Dymension Mainnet Launch

Stride announces the upcoming release of stDYM, a liquid staking token for DYM, closely following Dymension’s Mainnet launch. This move reinforces Stride’s expanding leadership and innovation within the Cosmos ecosystem.


3- DYdX v4 DEX Triumphs Over Uniswap in Daily Volume, Cementing Its Leadership Post-Cosmos Move

This week, DYdX v4 DEX surpassed Uniswap in daily trading volumes, hitting an impressive $757 million. A significant milestone in DeFi, highlighting the impact of DYdX’s strategic transition to the Cosmos ecosystem


4- Stargaze Marketplace Surges Past $2M in Trading Volume, Marking a Record-Breaking Month

Stargaze Marketplace shatters records, surpassing $2M in trading volume without the month even ending. A clear sign of their escalating dominance in the market.


5- Seamless Tether Integration Across Cosmos: Single-Click Access to $USDt on Major Appchains

Tether now available across Cosmos appchains with a single click! Access native $USDt on platforms like Injective, Osmosis, Evmos, Akash, and Sei Network. Explore more at: https://app.kava.io/transfer


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Get started with staking

Dive into blockchain governance with Imperator. Join our staking program for up-to-the-minute updates and take an active role in shaping the future of decentralized finance.

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