dYdX Launches Public Testnet On Cosmos In Major Shift From Ethereum

Published by

Decentralized exchange dYdX has taken a significant step towards migrating from its current Ethereum (CRYPTO: ETH)-based platform by launching its public test network on Cosmos (CRYPTO: ATOM). The testnet allows users to execute market orders, create private keys and set limit orders with advanced options. Initially, the public testnet will feature Bitcoin and Ethereum markets, the company stated in its blog post. dYdX anticipates that it will eventually expand to include more than 30 markets as the network evolves. The existing Ethereum-based platform, renowned for its perpetual contracts, ha…

Read More