How could the dYdX Chain list 500 new markets in 2024?

Permissionless Market Listings💡

Antonio | dYdX recently sat down with 0xResearch to discuss some of the biggest upcoming developments for the dYdX Chain⚡

Listen in full 🎥
youtube.com/watch?v=Vf6hCf…

Today, the stage is set for the Polygon Community Treasury, a unique vehicle of growth around Polygon networks.

Introducing a proposed, initial governance framework, alongside an independent Community Treasury Board (CTB) to oversee the treasury.

More 👇

dYdX will soon integrate permissionless CosmWasm 👏

dYdX is Cosmos pilled 🫡

Massive upgrade with new features for the dYdX Chain community 🔓

Thanks for having me chat about DeFi Derivatives at Panoptic during #ETH Denver! 45-minute keynote with great questions!

The DeFi derivatives market is poised for explosive growth, and dYdX Chain is at the heart of this transformation.

$100B in volume 5 months after launch!

Just getting started!

1/ We couldn't be more excited to support dYdX on today's embedded wallet launch!

Time and again this team has delivered on their commitment to combine the security/transparency of a DEX with the speed/usability of a CEX

Today marks an important step in this journey

Log in to dYdX with Google or your email ⚡️

🚨 #3 Update on dYdX Chain Software Upgrade v4.0.0

⛓️ The dYdX Chain is now back up and producing blocks with the v4.0.2 fix for the recent software bug.

A critical update was needed due to a bug in the v4.0.0 binary, now resolved with v4.0.2 and a post-upgrade snapshot.

For…

Before Stride:
- Nakamoto: 3
- vals with 66% VP: 10
- stake held by top 3: 38.5%
- stake held by rank 1: 23.6%

After Stride:
- Nakamoto: 4
- Vals with 66% VP: 13
- stake held by top 3: 32.9%
- stake held by rank 1: 20.1%

As stDYDX rewards compound, this will continue to improve

dYdX Community staked 20M DYDX from the community treasury to 26 validators via Stride (from a total active set of 60), increasing the $DYDX bonded rate to 13.7% mintscan.io/dydx/address/d…

Significantly reduces the top 10 validator concentration to ~60% and enhances…

1/7 Today, dYdX voted to liquid stake 20M DYDX tokens from its treasury (~$60M) with Stride, representing one of the largest inter-DAO liquidity relationships in Cosmos history and underscoring the increasing role of DAOs as protocol participants.

But what does this mean?

Community-driven liquid staking from the dYdX treasury is a win-win-win promoting decentralization, bolstering economic security, and supporting auto-compounding of rewards.

Who's ready for #authz ? 🤙

New permissions and enhanced security coming soon

dYdX Chain walks the talk on decentralization. Great overview.

The best Layer 1 for pro traders keeps 🚢🚢🚢

📣 Calling all Interns, Memelords & Degen Traders!

🦔 Want to be the face behind the next viral dYdX meme?

🤖 We're hiring an all-star Social Media Manager!

🔥 Your mission, should you choose to accept, is to scale the dYdX Brand on all global social media channels.

➡️…

🔜 Cosmwasm. It’s provocative. It gets the ecosystem going.

Builders are going to have a field day building smart contracts on the Layer 1 for pro traders.

💡 What is the best narrative behind the dYdX chain? @dydx dYdX Foundation 🦔

Last week we announced LP Vaults for the first time. You may be wondering, 'bruh wtf are LP Vaults??'

Basically, they bolster liquidity on protocols using dYdX Chain software and here’s how 🤓