Editorial Note: The following content does not reflect Beincrypto’s views or opinions. It is provided for informational purposes only and should not be interpreted as financial advice. Do your own research before making an investment decision.
Dydx has introduced new updates to simplify and accelerate user onboarding. Starting June 24th, instant deposits of $100 or more will be charged across multiple supported networks. This applies to transfers made through Ethereum, Arbitrum, Optimism, Base, Polygons, Avalanches.
What’s changing?
One of the fastest ways to fund your DYDX accounts right away, Instant Deposit is offered without a platform deposit fee for transfers of over $100. This change is immediately active and is still available in the foreseeable future, and has no expiration date set.
Why is this important?
For many users, high rates and friction during onboarding remain an important hurdle when entering Defi. By removing the deposit costs of eligible transactions, DYDX lowers barriers for new and returning users, making it easy to explore the permanent contract and debt features of the transaction without trading costs.
What users get
$0 fee for instant deposits for $100 or more instant fund payments by skip: seamless routing of fast architecture and simplified UX with key wallet support ensure secure bridging on six major blockchains
How it works
This update is equipped with the Skip:Go Fast solver system. This optimizes routing, liquidity and uptime across supported networks. Users select a supported chain, initiate instant deposits of $100 or more, and see their funds appear in the instant without paying a fee.
Looking ahead
This improvement is part of Dydx’s broader mission to make decentralized transactions faster, more intuitive and more accessible. By continuously expanding our infrastructure and incentives, the platform continues to focus on delivering user-first defi experiences.
Disclaimer
This article contains press releases provided by external sources and does not necessarily reflect Beincrypto’s views or opinions. In compliance with Trust Project guidelines, Beincrypto remains committed to transparent and unbiased reporting. Readers are encouraged to independently verify the information and consult with experts before making decisions based on this press release content. Please note that our terms and conditions, privacy policy and disclaimer have been updated.