# \[DRC\] Add IMX-USD to the dYdX Chain

**URL:** <https://dydx.forum/t/drc-add-imx-usd-to-the-dydx-chain/2377>\
**Category:** dYdX Chain\
**Created:** [March 2, 2024, 8:00pm UTC](https://dydx.forum/t/drc-add-imx-usd-to-the-dydx-chain/2377 "2024-03-02T20:00:50Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![Govmos](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/govmos/32/820_2.png) [@Govmos](https://dydx.forum/u/Govmos)\
**Post date:** [March 4, 2024, 12:15pm UTC](https://dydx.forum/t/drc-add-imx-usd-to-the-dydx-chain/2377/2 "2024-03-04T12:15:34Z")

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IMX has also passed our internal due diligence process regarding the risk assessment of the token. For reference, we perform a fully independent professional grade review looking at the teams, funding, tokenomics, price, supply distribution, liquidity, value metrics, adoption and strategy. This is a good compliment to the framework provided by @chaoslabs.

Therefore it is evident to us that we will cast a positive vote to list this asset. Tier-2 is recommended on our side as well solely based on the recent price volatility metric which is the only one that prevents us from recommending a Tier-1. Hopefully this recent volatility will decrease over the following months, allowing us to support a tier raise in the near-future.

Thanks for reading,  
[![pro-delegators-sign](https://europe1.discourse-cdn.com/flex013/uploads/dydx/original/1X/3d138289b87945115dfe59a6604e139bf36aeb94.png)](https://dydx.forum/t/validator-introduction-pro-delegators/1487)

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