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dYdX V4 Premieres

Traders bet big on the latest dYdX iteration
dYdX V4 Premieres
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Following yesterday’s vote to enable trading on the Beta version of the dYdX chain, the long-awaited dYdX V4 has finally arrived! The DYDX token is up substantially on the day and 51% on the week.

The Beta period for the dYdX Chain run by the dydx_ops_subdao is here! 🔥🔥

Traders can now start trading on the dYdX Chain in a limited capacity.

Try it out: https://t.co/v3TXeNvCwf https://t.co/dpid8Ky1nf

The Beta phase is a crucial testing phase for dYdX V4. Users can now deposit funds into the dYdX chain and trade across 33 active markets (in limited capacities). All fee revenues, denominated in USDC, will be directed to the chain's validators and stakers.

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Jack Inabinet

Written by Jack Inabinet

498 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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