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dYdX raises margin requirements in some markets, bans “highly profitable trades” Decentralized crypto exchange dYdX has…
dYdX raises margin requirements in some markets, bans “highly profitable trades”
Decentralized crypto exchange dYdX has implemented new measures to address trading-related risks following an incident that led to significant losses and required the use of $9 million from its insurance fund. This action was taken in response to what was described as a "targeted attack" on the YFI token, which triggered massive liquidations.
