top of page

DYdX Chain officially launches on mainnet as standalone Cosmos Layer 1

The "alpha mainnet" for dYdX version 4, along with the debut of its standalone Cosmos-based blockchain, was released today, signaling a notable transition for the leading decentralized derivatives platform. At 1 p.m. EST today, dYdX Chain validators created the genesis block of the dYdX Chain. The activation of the dYdX alpha mainnet marks the first phase in transitioning to dYdX version 4 and its new, community-governed Layer 1 blockchain. Built on the Cosmos SDK, the alpha version introduces an independent blockchain tailored to accommodate the project's requirements. This development follows the recent public release of the open-source code for the dYdX blockchain.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


bottom of page