APP
Decentralized exchange dYdX announced its Cosmos-based appchain dYdX Chain's (also known as V4) v1.0 is officially released, with the code, including the protocol, orderbook, front end, and more, audited and open-sourced.
dYdX announced the plan to develop an appchain in the Cosmos ecosystem last year in June. According to the press release, the dYdX Chain can offer up to 2,000 transactions per second and all parts of the protocol will be fully decentralized. dYdX Trading will not run any part of the infrastructure behind any deployment of the new dYdX Chain, and will no longer earn trading fee revenue. The deployment and operations of the new chain will be handed over to third parties.
Related: dYdX Trading to Transform into a Public Benefit Corporation and No Longer Earn Trading Fee Revenue
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