Ethereum dYdX Will Launch Standalone Blockchain On Cosmos, Token Jumps 10%
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Ethereum-based decentralized trading platform dYdX will be deployed as an independent blockchain on the Cosmos ecosystem. The team behind the project made the announcement this morning leading to a…
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On Thursday, crypto derivatives platform dYdX, which is currently built on Ethereum layer 2, announced that it would be moving to a standalone blockchain based on the Cosmos SDK and Tendermint... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
dYdX is now the top decentralized exchange in terms of daily volume. The veteran perpetual exchange has reportedly bagged more than $800 million of trades in the last 24 hours. The number stems from V3 and V4 iterations. With that, dYdX is now in a better position than Uniswap V3.…
Jeremy Allaire, Circle’s Founder and Chief Executive Officer, has announced that CCTP will soon go live on Noble. CCTP, an acronym for Cross-Chain Transfer Protocol, has chosen the asset-issuance chain on Cosmos to pave the way for getting natively wired into dYdX on their app chain on Cosmos. Members of…