dYdX V4 has just become the leading perpetual DEX, achieving $5.3B in traded volume over the past week.

Thanks to the revenue-sharing program, $DYDX stakers are also strongly benefiting from this trading activity with an annualized revenue of $60M.

With the end of V3 incentives, a user shift to V4 is expected, likely boosting trading activity and stakers’ APY, thus making $DYDX more appealing as a yield-generating asset.