Munich, Germany – 18 December 2024 – bitsCrunch, a pioneering force in blockchain analytics, has announced that its native token $BCUT has been listed on dYdX, the decentralized exchange for on-chain derivatives trading.
Securing its first perpetual listing is a major milestone for $BCUT, allowing traders to speculate on its price with leverage, significantly increasing its market visibility and liquidity. This creates new opportunities for traders and investors by enabling more sophisticated trading strategies, such as hedging and long/short positions.
$BCUT is currently available for trading on ByBit, KuCoin, MEXC, Gate.io, Crypto.com, CoinList, Bitpanda, Uniswap, and more.
dYdX is a comprehensive open trading platform for advanced crypto financial products, powered by the Ethereum blockchain, enabling users to trade perpetual contracts with low fees, deep liquidity, and up to 20x more buying power.
The listing comes just weeks after bitsCrunch announced the full indexing of all Linea blocks, enabling the platform to offer in-depth analytics and forensic services, including NFT price estimation and IP infringement detection for NFTs projects, marketplaces, gaming projects, and brands within the Linea ecosystem.
bitsCrunch’s AI-powered data analytics capabilities are addressing a range of data analytics, security, and validation needs across different blockchain applications. To date, bitsCrunch has established an expansive partnership network with top DeFi protocols, NFT Marketplace and aggregators, wallet projects, NFT Lending protocols, gaming, and NFT projects.
Vijay Pravin, Founder and CEO of bitsCrunch, said: “For bitsCrunch, the listing on dYdX represents another huge vote of confidence in our platform – a milestone that will attract further institutional interest while delivering increased trading volume and liquidity at a critical juncture in our growth trajectory. As our first perpetual listing, this signals a turning point in the evolution and adoption of $BCUT, with further listings on the horizon.”
To learn more about bitsCrunch, visit the official website here. To stay up to date on the latest bitsCrunch developments, updates, and exclusive content, join the official Telegram channel: https://t.me/bitsCrunch
About bitsCrunch
bitsCrunch is a leading global data analytics and forensics company specializing in multi-chain insights and digital assets. Its AI-powered forensics solutions protect and provide transparency for retail, institutional, and venture investors, ensuring secure transactions and accurate data insights in the growing digital asset space.
Source: https://cryptocoinviz.com/bitscrunch-secures-first-perpetual-listing-on-dydx-exchange/