dYdX V4 to Launch Testnet by End of March
The decentralized exchange dYdX has recently announced a new milestone in the development of its V4 version.
According to the project's announcement, 3 out of 5 major milestones for dYdX V4 have been completed. The project will launch its private testnet starting March 28, 2023, with the testing phase expected to last 2-3 weeks.
We are back with another update regarding our progress building out the dYdX V4 Blockchain; we are excited to announce the completion of our third of five milestones! You can read more at: https://t.co/WlWdZHQy2k
— dYdX (@dYdX) March 27, 2023
Key Enhancements in the dYdX V4 Update:
- Advanced order types
- Flexible Funding Rates
- Integration of ABCI 2.0 and new Cosmos-SDK features
- New web interface
dYdX stated that the upcoming milestones 4 and 5 will focus on streamlining trading pairs and connecting with other IBC chains.
Additionally, the project plans to make its code open source, encouraging contributions from various components like Full Nodes, Validators, Data Indexers, and Frontend integrations to further enhance the network.
