Protocol
CoinMetrics dYdX Integration
Description
Objective: Onboard dYdX v4 as a new exchange on the Coin Metrics platform by delivering comprehensive metrics, including metadata, trades, books, funding rate, and open interest. Additionally, CoinMetrics will develop candles and volume metrics, ensuring dYdX data aligns with centralized derivatives exchange data for institutional and community users.
- Empower Coin Metric’s institutional clients and over 20K community users to analyze dYdX data effectively.
- Enhance decision-making capabilities with high-quality, standardized exchange data.
Milestones
- Milestone 1: 100K USDC (3 months post acceptance): Metrics Integration: upon completion for integration of five data types: metadata, trades, order book, open interest, funding rate and these six metrics: candles, volume, liquidity, open interest, funding rate, and basis across each individual market on DYDX v4 (currently 88 listed).
- Milestone 2 75K USDC (6 months post acceptance): Research and Marketing: upon completion of the 3 research deliverables mentioned in deliverables above, marketing announcements, and confirmation of data from milestone 1 is still working as expected.
