dYdX

Tomorrow, the CEO and Founder @antoniomjuliano will be joining the dYdX community for a live Ask Me Anything (AMA) session. Participants can drop their questions in the chat.

On December 11th at 14:00 UTC, dYdX will be turning down exchange services on Goerli and launching the v3 Testnet on Sepolia. The Testnet will have all the same features as Goerli.

dYdX has open-sourced its design system, allowing designers to access and use it for their projects. The design system includes branding assets, typography, colors, and a component library. Traders are encouraged to be cautious when connecting to any dYdX branded interface.

dYdX community members are invited to submit their questions for a live Q&A session with the CEO & Founder, Antonio Juliano, next week.

The dYdX Chain has achieved a significant milestone by surpassing $30 million in daily trading volume. This impressive feat highlights the growing popularity and adoption of the platform.

Starting now, users can earn rewards on dYdX through the dYdX Foundation and the dYdX Operations SubDAO.

dYdX announces that the Circle Credit Transform Protocol (CCTP) is now available on Noble.xyz. Traders can now obtain Cosmos native USDC and start trading on dYdX Chain. Note that DOS operates Noble.xyz and is separate from dYdX, therefore dYdX is not liable for their actions.

dYdX has launched MEV social prevention via Skip and is now introducing further MEV prevention through Cosmos ABCI++. This solution allows for collaborative block building and introduces Frequent Batch Auctions (FBA) to minimize transaction sequence impact. Validators vote on order inclusion before a block is produced, an auction is run with majority-backed orders, and validators verify the deterministic results. The benefits include reduced proposer influence, more equitable latency rates, and increased transparency. dYdX aims to create a fair trading landscape and is excited to prototype this architecture on the dYdX Chain.

The dYdX team had a great time bonding and relaxing during their offsite in Cancun. Now, they are ready to get back to work.

dYdX has announced the ban on highly profitable trading strategies on its platform.