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Coin-turk.com

2023-11-28 20:09:21

Revolutionizing Derivatives Trading: dYdX Chain Launches Rewards Distribution on Cosmos

Revolutionizing Derivatives Trading: dYdX Chain Launches Rewards Distribution on Cosmos

The dYdX Chain, part of the Cosmos ecosystem and operating its own Layer-1 ecosystem, has begun distributing rewards from derivative trade transactions to users following a DAO vote decision that marked the commencement of full operations within its decentralized future trade protocol. The beta mainnet of dYdX Chain was launched within the Cosmos ecosystem on November 14, and since then, leveraged trade services of up to 20x have begun on more than 33 pairs.The post Revolutionizing Derivatives Trading: dYdX Chain Launches Rewards Distribution on Cosmos appeared first on COINTURK NEWS.

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