A Vision for Decentralized Financial Systems
summary
A new Cosmos SDK-based dydx chain runs a customized order-book rollup, with a testnet recording 5 million+ transactions on testnet and block times near 1.6 seconds; the platform reports $900M average daily volume in 2023, $58M total fees, 66,000 active traders and a cumulative 1 trillion trading volume to date. The token becomes L1 for staking and governance, bridges and permissionless markets are live features, one-click onboarding and multiple wallets are supported, and mainnet Genesis is next.
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chapters (10)
- 0:00Decentralized financial systems
- 1:05Astropolis vision 2033+
- 4:38DeFi evolution in Astropolis
- 7:30Real-world assets & regulation
- 9:16dYdX chain ecosystem
- 12:47dYdX platform history
- 13:53dYdX chain migration
- 15:15User experience & tools
- 16:41Governance & markets
- 18:06Join dYdX community
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