‘Kurangi hambatan-hambatan ini’ – Dapatkah Arcus menyelamatkan dYdX dari kejatuhan 45%?

ambcryptoPublished on 2026-07-02Last updated on 2026-07-02

Abstract

dYdX Labs, tim di balik pertukaran terdesentralisasi (DEX) yang berfokus pada perpetual (perps), telah meluncurkan platform baru bernama Arcus di Robinhood Chain. Menurut pengumuman, Arcus akan terpisah dari dYdX dan blockchain-nya, namun akan menawarkan perdagangan tanpa biaya dengan akses 24/7 ke 95 saham yang ditokenisasi dan perpetual yang didukung likuiditas Robinhood Chain. Direktur Manajemen Produk Robinhood Crypto menyatakan platform ini sebagai upaya mendemokratisasi akses ke pasar keuangan. Namun, peluncuran Arcus justru menjadi momen "jual berita" untuk token asli dYdX, DYDX. Harganya anjlok tajam 45%, menghapus semua keuntungan yang diperoleh dalam beberapa hari sebelumnya akibat antisipasi trader. dYdX Foundation menegaskan bahwa token DYDX tetap berfungsi sebagai token tata kelola dan staking untuk dYdX Chain tanpa perubahan mekanisme. Analisis on-chain menunjukkan bahwa meskipun sentimen membaik, permintaan spot untuk token DYDX tidak meningkat signifikan, ditandai dengan jumlah token di luar bursa yang tetap datar. Penurunan besar ini kemungkinan terjadi karena pengumuman telah "diprediksi" pasar sebelumnya. Saat ini, dukungan harga potensial terletak pada Moving Average 200-hari dan garis tren, yang bisa menjadi peluang beli jika sentimen pasar membaik.

dYdX Labs, tim di balik pertukaran terdesentralisasi (DEX) yang fokus pada perpetual (perps), telah meluncurkan platform baru, Arcus, di Robinhood Chain.

Menurut pengumuman tersebut, Arcus akan terpisah dari dYdX dan rantainya, namun akan mengenakan biaya nol sambil memberikan pengalaman perdagangan 24 jam kepada para trader.

Kami membangun Arcus untuk mengurangi hambatan-hambatan ini. Arcus memberi para trader akses 24/7 ke 95 saham tokenisasi dan perpetual yang didukung oleh likuiditas dalam dari Robinhood Chain.

AD

Direktur manajemen produk Robinhood Crypto, Seong Seog Lee, juga menyambut baik langkah ini sebagai cara untuk mendemokratisasi akses ke pasar keuangan.

Robinhood selalu percaya bahwa sistem keuangan harus bekerja untuk semua orang. Arcus adalah perpanjangan alami dari misi itu ke dalam dunia onchain.

Platform ini akan dimulai dengan perdagangan perps dan saham, dan kemudian berkembang ke penawaran pra-IPO dan mengizinkan saham tokenisasi sebagai jaminan.

Perlu diperhatikan bahwa pembaruan ini telah diisyaratkan selama lima hari terakhir. Para trader telah mendahului pengumuman tersebut, mendorong token DYDX hampir dua kali lipat.

dYdX jatuh 45% setelah debut Arcus

Namun pembaruan akhirnya berubah menjadi peristiwa 'sell-the-news' seperti yang diproyeksikan sebelumnya oleh AMBCrypto. Pada saat penulisan, DYDX, token asli dYdX, telah turun tajam sebesar 45% dan secara efektif menghapus keuntungan yang diperoleh sebelum pengumuman Arcus.

Sumber: DYDX/USDT, TradingView

Perlu diperhatikan, pembaruan Arcus tidak memiliki kaitan atau dampak langsung pada token aslinya. Dalam sebuah pernyataan, dYdX Foundation mengatakan,

DYDX adalah, dan tetap menjadi, token tata kelola dan staking dari dYdX Chain. Mekanisme, pasokan, dan karakteristik operasionalnya tetap tidak berubah.

Meski demikian, pembaruan Arcus membuat token tersebut melonjak hingga mencatat Sentimen Tertimbang yang positif. Namun, Pasokan di Bursa sedikit melonjak sementara jumlah Token di Luar Bursa tetap datar (garis biru).

Sumber: Santiment

Ini berarti bahwa meskipun pembaruan tersebut positif, hal itu tidak menyebabkan permintaan spot yang signifikan untuk token DYDX, seperti yang ditunjukkan oleh garis biru yang datar. Dengan kata lain, para trader tidak langsung menimbun token setelah pembaruan.

Oleh karena itu, hal ini tidak mengejutkan, karena pengumuman tersebut telah didahului dalam beberapa hari terakhir. Meski demikian, Rata-rata Bergerak 200-hari (MA, garis biru pada grafik harga) dan support trendline bisa menjadi level harga potensial.

Jika demikian, penurunan besar-besaran ini bisa menjadi peluang beli hanya jika sentimen pasar yang lebih luas juga membaik.


Ringkasan Akhir

  • Tim di balik dYdX telah meluncurkan DEX serupa, Arcus, yang akan berbasis di Robinhood Chain
  • Menurut tim proyek, Arcus akan membantu mendemokratisasi akses ke pasar saham, tetapi trader DYDX berubah menjadi bearish.

Trending Cryptos

Related Questions

QApa yang diumumkan oleh dYdX Labs dan platform baru apa yang mereka luncurkan?

AdYdX Labs mengumumkan peluncuran platform baru bernama Arcus di Robinhood Chain. Arcus adalah pertukaran terdesentralisasi (DEX) terpisah dari dYdX yang menawarkan perdagangan aset tokenisasi dengan biaya nol.

QMengapa token DYDX mengalami penurunan harga sebesar 45% setelah pengumuman Arcus?

AToken DYDX turun 45% karena terjadi peristiwa 'sell-the-news', di mana para pedagang telah membeli token sebelumnya berdasarkan rumor dan mengambil keuntungan setelah pengumuman resmi. Update Arcus sendiri tidak memiliki dampak langsung pada token DYDX.

QApa pernyataan dYdX Foundation mengenai hubungan antara token DYDX dan platform Arcus yang baru?

AdYdX Foundation menyatakan bahwa DYDX adalah dan tetap menjadi token tata kelola dan staking untuk dYdX Chain. Mekanisme, pasokan, dan karakteristik operasionalnya tidak berubah dengan peluncuran Arcus.

QMenurut data Santiment, bagaimana perilaku pedagang terhadap token DYDX setelah pengumuman Arcus?

AMenurut data Santiment, meskipun sentimen terhadap DYDX membaik, jumlah token di luar pertukaran (blue line) tetap datar. Ini menunjukkan tidak ada peningkatan permintaan spot yang signifikan, artinya pedagang tidak secara aktif mengakumulasi token setelah pengumuman.

QApa saja fitur dan rencana masa depan yang dijanjikan untuk platform Arcus?

AArcus memulai dengan perdagangan perpetual (perps) dan saham tokenisasi, dengan rencana untuk memperluas ke penawaran pra-IPO dan mengizinkan saham tokenisasi sebagai jaminan (collateral). Platform ini menawarkan pengalaman perdagangan 24/7 dengan biaya nol.

Related Reads

Sevenfold Oversubscription, Can SK Hynix Save the Semiconductor Industry This Time?

SK Hynix's planned US ADR listing is drawing intense interest, with its offering reportedly oversubscribed by over seven times, potentially making it the largest foreign listing in US history. The fundraising of approximately $24.5 billion is intended for expanding its Korean production capacity, including advanced packaging and EUV equipment. This massive demand from long-term funds and prominent institutions like Baillie Gifford and Situational Awareness Partners (led by noted investor Leopold Aschenbrenner) presents a stark contrast to the recent downturn in the broader semiconductor sector. The sector has faced a significant correction, with SK Hynix's own stock falling nearly 30% from its June high. This sell-off was triggered by concerns that major tech giants might slow their AI infrastructure spending, following signals like Meta's reported plan to sell surplus computing capacity. The strong ADR appetite suggests long-term investors still believe in the AI investment cycle's fundamentals, viewing the recent decline more as a valuation reset than a demand collapse. Some market speculation even suggests the pre-IPO price drop could be strategic, setting the stage for a stronger post-listing performance. While SK Hynix's successful listing may act as a short-term positive catalyst for market sentiment, the article argues the true signal for a sustained semiconductor recovery will come from upcoming earnings reports of tech giants like Microsoft, Google, Meta, and Amazon. Their future capital expenditure plans will be crucial in determining whether the AI-driven growth cycle can continue.

Odaily星球日报5m ago

Sevenfold Oversubscription, Can SK Hynix Save the Semiconductor Industry This Time?

Odaily星球日报5m ago

Breaking News: Musk Delivers the Most Powerful Grok 4.5, Slashes Price of Top-tier Opus Intelligence Drastically

**Elon Musk Launches Grok 4.5: A Cost-Effective, High-Performance AI Rival** SpaceXAI, in collaboration with Cursor, has released Grok 4.5, its new flagship AI model designed specifically for coding and agentic tasks. Trained on tens of thousands of NVIDIA GB300 GPUs using massive, high-quality data filtered from trillions of Cursor developer interactions, the model emphasizes "per-token intelligence." In benchmark performance, Grok 4.5 is highly competitive. It scores 64.7% on SWE Bench Pro (surpassing GPT-5.5's 58.6% and Opus 4.7's 64.3%), 83.3% on Terminal Bench 2.1 (nearly matching GPT-5.5), and 62.0% on DeepSWE 1.0 (beating Opus 4.8). Overall, it ranks fourth in AAAI official tests and first in the Harvey legal agent benchmark. The model's key advantage is its combination of speed, efficiency, and low cost. It generates responses at 80 tokens per second and, crucially, uses far fewer tokens to complete tasks—4.2 times fewer than Opus 4.8 on SWE Bench Pro. It is priced at $2 per million input tokens and $6 per million output tokens, significantly undercutting competitors. Musk stated it is "roughly equivalent to Opus 4.7, but much faster." Early user tests show Grok 4.5 can generate functional code for applications like 3D solar system simulators and basic games from simple prompts, though some note it still lags behind top models in certain creative tasks. Musk has hinted at a major update next month, leveraging real-world engineering data from his companies, with an even larger 2-trillion parameter version reportedly in development. Grok 4.5 positions itself not as the absolute strongest model, but as a highly efficient and affordable alternative in the top tier.

marsbit10m ago

Breaking News: Musk Delivers the Most Powerful Grok 4.5, Slashes Price of Top-tier Opus Intelligence Drastically

marsbit10m ago

Today, The Hong Kong Exchange Was Once Again Overwhelmed

Hong Kong's stock exchange witnessed an exceptionally busy day on July 9, with a record seven companies conducting initial public offerings (IPOs) simultaneously. The list included major firms such as Luxshare Precision, which launched the largest Hong Kong IPO of the year, and other notable names like Tri-Ring Group and Qiyunshan Food. However, the market reception was sharply divided on the first trading day. While Qiyunshan Food's shares surged over 110%, several other newcomers, including Luxshare Precision, Dingtai High-Tech, and Rigol Technologies, opened below their issue prices, with some falling nearly 20%. This event highlights a broader, bustling IPO scene in Hong Kong for 2024, with 82 Chinese companies listing in the first half alone—more than double the figure from the same period last year. A significant portion of this activity comes from dual "A+H" listings, where mainland China-listed firms seek secondary listings in Hong Kong. These larger companies have accounted for nearly 60% of total fundraising. Despite the high volume, recent trends show a cooling market sentiment for many new listings. Several IPOs in early July, including that of Tongrentang Healthcare, debuted with significant losses, indicating increased investor caution and selectivity. The market narrative is shifting, with capital increasingly concentrating on high-growth sectors like artificial intelligence, robotics, and semiconductors, while traditional manufacturing and consumer goods face greater pressure and volatility. This divergence underscores a market where success is no longer guaranteed by merely listing, but depends heavily on a company's growth prospects and sector appeal.

marsbit14m ago

Today, The Hong Kong Exchange Was Once Again Overwhelmed

marsbit14m ago

Glassnode: Crypto Market Enters Later Stages of Bottoming Phase

Glassnode: Crypto Market Enters Later Stages of Bottom Formation Bitcoin has traded below the true market average and the short-term holder cost basis for five consecutive months, indicating a deep undervaluation. On-chain data reveals a significant shift in selling pressure, with long-term holders now accounting for 43% of all realized losses. Daily realized losses for this group recently peaked at $280 million, the highest level since December 2022. While this large-scale capitulation is a hallmark of bear market bottoms, a sustained decline in this metric is a prerequisite for a sustained recovery. Institutional demand remains weak. US spot Bitcoin ETFs continue to see monthly net outflows, although the pace has moderated from June's peak. Furthermore, average daily ETF trading volumes have contracted by approximately 80% from their October 2025 peak, reflecting subdued institutional participation. Derivatives markets present a mixed picture. Overall positioning has shifted to cautiously bullish, with the put/call ratio dropping to a yearly low. However, the options volatility skew remains elevated, signaling that traders are still paying a premium for downside protection. The spot price also trades below the gamma "max pain" level. In summary, multiple indicators suggest the market is in the later phases of a bottoming process, characterized by long-term holder capitulation and weak institutional inflows. However, key confirmation signals for a durable trend reversal—a sustained drop in long-term holder selling pressure, stabilization of ETF flows, and a price recovery above key cost bases—are still pending.

Foresight News41m ago

Glassnode: Crypto Market Enters Later Stages of Bottoming Phase

Foresight News41m ago

Trading

Spot

Hot Articles

How to Buy DYDX

Welcome to HTX.com! We've made purchasing dYdX (DYDX) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy dYdX (DYDX) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your dYdX (DYDX)After purchasing your dYdX (DYDX), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade dYdX (DYDX)Easily trade dYdX (DYDX) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

2.7k Total ViewsPublished 2024.03.29Updated 2026.06.02

How to Buy DYDX

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of DYDX (DYDX) are presented below.

活动图片