dYdX Trading CEO AMA: V3 Sunset Discussion

dYdX founder Antonio Juliano announced **Arcus**, a new decentralized exchange built by dYdX Labs in partnership with Robinhood Crypto. **Key Points:** - Arcus will offer spot and perpetuals trading, combining dYdX's DeFi expertise with Robinhood's user experience capabilities - The move addresses performance and UX challenges faced by dYdX Chain v4, which prioritized decentralization but struggled with speed and liquidity - **dYdX community benefits:** Token holders will receive an allocation of any future Arcus token, with priority for active participants (traders, stakers, validators) - Existing dYdX traders get priority access to the new platform Juliano describes Arcus as "the biggest bet this community has ever made," representing a strategic pivot to balance decentralization with practical performance needs. [Read the full announcement](http://www.dydx.xyz/blog/a-new-arc)

A major shift in market access is approaching. Starting tomorrow, a countdown begins for **permissionless access to global markets**. This follows an earlier announcement from August 2025 that US markets would become "truly global" within 7 days. **Key Points:** - Permissionless access removes traditional barriers to entry - The world's most powerful markets will become accessible to anyone - This represents a significant democratization of financial infrastructure - The countdown mechanism suggests a phased or scheduled rollout The move signals a fundamental change in how global markets operate, potentially opening trading and participation to users worldwide without traditional gatekeeping requirements.

dYdX is preparing to announce what they describe as a fundamental shift in direction, rather than an incremental product update. The decentralized exchange has been working on a new vision following market feedback and user demand for fresh iterations. The team indicates this upcoming change will connect and contextualize all previous versions of the platform. **Key Points:** - Not a feature update or new market launch - Described as an entirely new strategic direction - Aims to unify all previous dYdX iterations - Follows months of vision mapping and planning The announcement suggests a significant evolution for the derivatives trading platform, though specific details remain undisclosed.

dYdX has launched a new trading market for **$PHA** (Phala Network) on its platform. **Key Details:** - Users can now trade PHA-USD pairs through the [dYdX markets page](https://dydx.trade/trade/PHA-USD?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial) - This follows recent additions of XDC Network and SAPIEN markets in May - The launch expands dYdX's available trading pairs for decentralized exchange users Phala Network joins the growing list of tokens available for trading on the dYdX decentralized exchange platform.

dYdX has launched **Builder Codes**, a transparent program that allows developers to earn revenue on every trade fill without whitelists or gatekeeping. **Key features:** - Integrate dYdX perpetual contracts into applications - Route orders onchain and earn fees on each fill - Fully transparent with no approval process required - Projects that ship notable integrations may receive official spotlights from dYdX The program aims to expand dYdX's ecosystem by incentivizing developers to build trading interfaces, bots, and tools on top of the protocol. Learn more: [dYdX Builder Codes](https://www.dydx.xyz/blog/builder-codes?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)