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dYdX V4 Full Decentralization Will Make its Token More Valuabl | Decentralized Exchange News

dYdX V4 Full Decentralization Will Make its Token More Valuable

dYdX introduced the dYdX chain, a new Cosmos SDK-based blockchain; the sovereign network is required to meet the protocol’s goal of releasing a completely decentralized V4 network. On the Layer-2 StarkEx network, the dYdX protocol runs a derivatives exchange. The hybrid-decentralized exchange, cleverly called after the mathematical notation, offers perpetual futures (perp) contracts identical to those found on Binance, FTX, and other centralized exchanges.

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