dYdX Unveils 2024 Roadmap for Permissionless Markets and Software Improvements

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Cointime2024/02/06 08:33

By:Cointime

Decentralized exchange platform dYdX has announced its roadmap for 2024, which will focus on three areas: Permissionless markets, Core Trading Improvements, and UX/Onboarding Upgrades. The goal of Permissionless Markets is to simplify the process of listing and trading any market by removing the friction that comes with the applicable governance processes. The Core Trading Improvements include improving the dYdX software's reliability and adding trading features that help people initiate and complete trades quickly. Lastly, the roadmap touts upgrades to trader experiences by making onboarding easier by increasing onramp options and integrating social elements into the software. Recently, dYdX Chain announced support for liquid staking on the network after upgrading to the new v3.0, which allows members to continue to stake and convert the dYdX token to an asset with utility in DeFi applications.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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