Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ethereum – price cannot break through – what does it stop?

2025-05-19

How to stimulate your PI network extraction rate with 26x in 2025 – Key Strategy

2025-05-19

Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-18
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»DYdX Chain officially launches on mainnet as standalone Cosmos Layer 1
Blockchain

DYdX Chain officially launches on mainnet as standalone Cosmos Layer 1

2023-10-29No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The ‘alpha mainnet’ for dYdX version 4, along with the debut of the standalone Cosmos-based blockchain, was released today, signaling a remarkable transition for the leading decentralized derivatives platform. Today at 1:00 PM EST, dYdX Chain validators created the genesis block of the dYdX Chain.

The activation of the dYdX alpha mainnet marks the first phase in the transition to dYdX version 4 and the new community-managed Layer 1 blockchain. The transition involves developments on several testnets during this year.

“After years of development, five testnets with more than sixty validators and leading trading firms, the dYdX Chain has been officially launched by the community and DAO,” Charles d’Haussy, CEO of the dYdX Foundation, told The Block. “This marks a monumental leap forward for the dYdX ecosystem that represents a new chapter defined by full decentralization.”

The alpha version is built on the Cosmos SDK and introduces an independent blockchain tailored to the project’s requirements. This development follows the recent public release of the open source code for the dYdX blockchain.

Alpha Mainnet Objectives

In this alpha phase, the mainnet is mainly intended to subject the network to a stress test. There are currently more than 60 validators on board to ensure network security. Another beta launch is planned, pending approval by a community board vote, which will eventually enable trading on the network.

In today’s first phase, validators for dYdX will enroll by submitting a genesis file, as noted by Cosmos-based development company Cosmostation, which plans to operate a dYdX validator.

Previously dependent on StarkEx, an Ethereum Layer 2 scaling solution, dYdX ranks as the most comprehensive decentralized derivatives trading platform in crypto, with cumulative volume of over $1 trillion since 2020.

See also  Monad Testnet Launches as Ethereum Compatible Layer 1, Promising High Throughput and Improved EVM Performance

Source link

Chain Cosmos Dydx Launches Layer Mainnet officially Standalone
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

2025-05-19

Alchemie acquires Solana developer Dexterlab for unknown sum

2025-05-19

Interlink and Blazpay Partner to improve the user experience in Web3 with AI

2025-05-19

Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Assetera will use Polygon to secure transactions and use Stablecoins for purchasing, clearing and settlement to ensure a fast and efficient process

2024-09-26

BulbaSwap Introduces Meme Liquidity Subsidy Program to Support Morph Chain

2024-12-09

DOT Price (Polkadot) Rises 15% as Bulls Target a Rise to $10

2024-01-11
Editors Picks

What to expect as Bitcoin volatility trends downwards

2023-09-03

Will Bitcoin recover to $ 90k or lower? Analysts weigh

2025-03-25

ERC-6551 turns any NFT into a Web3 wallet

2023-05-25

Cryptocurrency money laundering has fallen by 30%

2024-02-16
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ethereum – price cannot break through – what does it stop?

How to stimulate your PI network extraction rate with 26x in 2025 – Key Strategy

Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,452.48-0.57%
  • ethereumEthereum(ETH)$2,452.89-4.13%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.35-3.02%
  • binancecoinBNB(BNB)$644.57-1.00%
  • solanaSolana(SOL)$163.99-5.78%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.220993-3.62%
  • cardanoCardano(ADA)$0.73-4.60%
  • tronTRON(TRX)$0.265322-3.01%
  • suiSui(SUI)$3.76-5.11%
  • chainlinkChainlink(LINK)$15.43-4.16%
  • avalanche-2Avalanche(AVAX)$21.99-6.57%
  • stellarStellar(XLM)$0.283537-3.81%
  • hyperliquidHyperliquid(HYPE)$26.11-3.79%
  • shiba-inuShiba Inu(SHIB)$0.000014-4.78%
  • hedera-hashgraphHedera(HBAR)$0.190453-3.62%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-1.27%
  • bitcoin-cashBitcoin Cash(BCH)$387.33-3.97%
  • litecoinLitecoin(LTC)$96.96-2.80%
  • the-open-networkToncoin(TON)$2.95-6.10%
  • polkadotPolkadot(DOT)$4.57-5.79%
  • moneroMonero(XMR)$343.920.42%
  • bitget-tokenBitget Token(BGB)$5.14-1.76%
  • pepePepe(PEPE)$0.000013-4.84%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.72-2.48%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.84-5.93%
  • bittensorBittensor(TAO)$405.95-6.21%
  • aaveAave(AAVE)$226.44-3.51%
  • nearNEAR Protocol(NEAR)$2.74-5.56%
  • aptosAptos(APT)$5.10-3.37%
  • okbOKB(OKB)$52.02-2.84%
  • ondo-financeOndo(ONDO)$0.92-4.13%
  • kaspaKaspa(KAS)$0.107186-6.50%
  • ethereum-classicEthereum Classic(ETC)$18.07-4.01%
  • internet-computerInternet Computer(ICP)$5.15-3.89%
  • gatechain-tokenGateToken(GT)$21.38-1.53%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.75-4.02%
  • crypto-com-chainCronos(CRO)$0.094561-5.96%
  • mantleMantle(MNT)$0.73-2.16%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232131-4.18%
  • vechainVeChain(VET)$0.027674-4.74%
  • render-tokenRender(RENDER)$4.51-5.41%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • ethenaEthena(ENA)$0.359994-8.92%
  • filecoinFilecoin(FIL)$2.82-3.86%
  • algorandAlgorand(ALGO)$0.218838-4.19%
  • arbitrumArbitrum(ARB)$0.380998-4.76%
  • bitcoinBitcoin(BTC)$104,452.48-0.57%
  • ethereumEthereum(ETH)$2,452.89-4.13%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.35-3.02%
  • binancecoinBNB(BNB)$644.57-1.00%
  • solanaSolana(SOL)$163.99-5.78%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.220993-3.62%
  • cardanoCardano(ADA)$0.73-4.60%
  • tronTRON(TRX)$0.265322-3.01%
  • suiSui(SUI)$3.76-5.11%
  • chainlinkChainlink(LINK)$15.43-4.16%
  • avalanche-2Avalanche(AVAX)$21.99-6.57%
  • stellarStellar(XLM)$0.283537-3.81%
  • hyperliquidHyperliquid(HYPE)$26.11-3.79%
  • shiba-inuShiba Inu(SHIB)$0.000014-4.78%
  • hedera-hashgraphHedera(HBAR)$0.190453-3.62%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-1.27%
  • bitcoin-cashBitcoin Cash(BCH)$387.33-3.97%
  • litecoinLitecoin(LTC)$96.96-2.80%
  • the-open-networkToncoin(TON)$2.95-6.10%
  • polkadotPolkadot(DOT)$4.57-5.79%
  • moneroMonero(XMR)$343.920.42%
  • bitget-tokenBitget Token(BGB)$5.14-1.76%
  • pepePepe(PEPE)$0.000013-4.84%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.72-2.48%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.84-5.93%
  • bittensorBittensor(TAO)$405.95-6.21%
  • aaveAave(AAVE)$226.44-3.51%
  • nearNEAR Protocol(NEAR)$2.74-5.56%
  • aptosAptos(APT)$5.10-3.37%
  • okbOKB(OKB)$52.02-2.84%
  • ondo-financeOndo(ONDO)$0.92-4.13%
  • kaspaKaspa(KAS)$0.107186-6.50%
  • ethereum-classicEthereum Classic(ETC)$18.07-4.01%
  • internet-computerInternet Computer(ICP)$5.15-3.89%
  • gatechain-tokenGateToken(GT)$21.38-1.53%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.75-4.02%
  • crypto-com-chainCronos(CRO)$0.094561-5.96%
  • mantleMantle(MNT)$0.73-2.16%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232131-4.18%
  • vechainVeChain(VET)$0.027674-4.74%
  • render-tokenRender(RENDER)$4.51-5.41%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • ethenaEthena(ENA)$0.359994-8.92%
  • filecoinFilecoin(FIL)$2.82-3.86%
  • algorandAlgorand(ALGO)$0.218838-4.19%
  • arbitrumArbitrum(ARB)$0.380998-4.76%