Back to News

dYdX Releases dYdX Chain V4.0 Software

Twitter icon  •  Published 3 weeks ago  •  Hassan Maishera

The dYdX team announced via X on Tuesday that it has released the fourth version of the dYdX Chain software.

The dYdX team announced via X on Tuesday that it has released the fourth version of the dYdX Chain software. The release consists of various features, risks, governance and performance upgrades.

The new version consists of several upgrades, including Reduce Only Orders, IBC Withdrawal Rate Limiting, Subaccount Withdrawal Gating, and Governance Enabled Slashing.

dYdX is a layer-2 decentralized exchange that supports perpetual, margin trading, and spot trading, as well as lending, and borrowing. Its native coin, dYdX is down by 1% in the last 24 hours and is now trading at $3.109.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.