Cryptocurrency Q&A What chain does dYdX run on?

What chain does dYdX run on?

TeaCeremony TeaCeremony Tue Oct 15 2024 | 6 answers 1288
I'm curious about the underlying technology of dYdX. Specifically, I want to know which blockchain network does DYDX operate on. What chain does dYdX run on?

6 answers

Martino Martino Thu Oct 17 2024
With the launch of v4 on the dYdX chain, every component of the protocol is now fully decentralized, eliminating intermediaries and empowering users with unparalleled control over their assets and transactions.

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Moonshadow Moonshadow Thu Oct 17 2024
dYdX, a pioneering player in the decentralized finance space, recently embarked on a significant milestone by unveiling its v4 iteration on a dedicated blockchain network.

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Skywalker Skywalker Thu Oct 17 2024
This strategic move underscores dYdX's unwavering commitment to achieving full decentralization, a cornerstone of the blockchain industry.

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mia_clark_teacher mia_clark_teacher Thu Oct 17 2024
The introduction of the dYdX chain, built utilizing the robust Cosmos SDK, represents a major leap forward in the platform's evolution, enhancing its security, scalability, and interoperability.

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Martino Martino Wed Oct 16 2024
This transformational shift not only reinforces dYdX's position as a leading force in the DeFi landscape but also paves the way for unprecedented innovation and growth opportunities.

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