Why dYdX is leaving Ethereum and StarkWare for a native chain on Cosmos

The order book decentralized exchange, dYdX, is leaving the Ethereum blockchain to set up a native chain on the Cosmos ecosystem. The post Why dYdX is leaving Ethereum and StarkWare for a native chain on Cosmos appeared first on CryptoSlate.

dYdX to Launch Standalone V4 Blockchain Based On Cosmos SDK PoS Protocol

The Ethereum Layer-2 crypto platform dYdX has proposed to develop a dYdX chain – V4. The new chain will be a standalone blockchain compatible with the Cosmos SDK and Tendermint Proof-of-Stake (PoS) consensus protocol.

dYdX Parts Ways With Ethereum, To Launch Its Own Standalone Blockchain

dYdX has announced its intention to leave Ethereum, making the announcement in a blog post on its website. After leaving Ethereum, the protocol will focus on creating its own chain in the Cosmos ecosystem.

dYdX to launch its own blockchain, what could this mean for the value of the token?

dYdX DYDX/USD is essentially a decentralized exchange (DEX) that is built on top of the Ethereum ETH/USD network and aims to deliver financial instruments to users. These include perpetual, margin, and spot trading, alongside features such as lending and borrowing The dYdX (DYDX) cryptocurrency is used for the layer-2 protocol and serves to facilitate the […] The post dYdX to launch its own blockchain, what could this mean for the value of the token? appeared first on Invezz.

dYdX Ditches Ethereum for Its Own Cosmos Blockchain

Derivative DEXs are still figuring out the best way to structure their protocols.

Crypto Exchange dYdX to Start a Standalone Blockchain

The layer 1 blockchain will be built in the Cosmos ecosystem.

dYdX V4 To Be Developed In Cosmos Ecosystem

dYdX, a famous crypto derivatives exchange, has announced that it will be developing dYdX V4 on a standalone Cosmos based blockchain and Tendermint Proof-of-stake consensus protocol. DYDX price up by 7% Exchange mentioned that it will feature a fully decentralized, orderbook, off chain, and matching engine.

dYdX to expand to its own blockchain in the Cosmos ecosystem

dYdX says that by launching a new blockchain, it would make its offering more competitive and decentralized. The post dYdX to expand to its own blockchain in the Cosmos ecosystem appeared first on The Block.