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Nowadays, cryptocurrencies are moving into DeFi. It's a good option to be the one who manages your digital capital and at the same time handles every decision.

Quick Take In this new bi-weekly series, we look into some of the most interesting data and developments across the Layer 2 blockchain landscape, from DeFi and bridges to network activity and funding Optimism has seen a significant spike in activity since the launch of its native governance token on June 1 but that is trending down together with the bearish sentiment of the markets  Arbitrum paused its 8-week Odyssey in its second week as a result of surging gas prices, reported exceeding that of Ethereum's dYdX has announced their planned migration to a native chain on Cosmos instead of remaining as a zk-rollup on Ethereum

As of today, DYDX/USD has risen by 15.2%.

The price of DYDX is expected to head back down and test the demand zone between 1.28 and 1.36.

DYdX Founder & CEO Antonio Juliano discusses the decline in trading volumes amid the market downturn, noting it's a time to build. Juliano explains why his platform is ambitious about developing its standalone blockchain while touching on liquidity issues across the sector.

The order book decentralized exchange, dYdX, is leaving the Ethereum blockchain to set up a native chain on the Cosmos ecosystem. The post Why dYdX is leaving Ethereum and StarkWare for a native chain on Cosmos appeared first on CryptoSlate.

The Ethereum Layer-2 crypto platform dYdX has proposed to develop a dYdX chain – V4. The new chain will be a standalone blockchain compatible with the Cosmos SDK and Tendermint Proof-of-Stake (PoS) consensus protocol.

dYdX has announced its intention to leave Ethereum, making the announcement in a blog post on its website. After leaving Ethereum, the protocol will focus on creating its own chain in the Cosmos ecosystem.

dYdX DYDX/USD is essentially a decentralized exchange (DEX) that is built on top of the Ethereum ETH/USD network and aims to deliver financial instruments to users. These include perpetual, margin, and spot trading, alongside features such as lending and borrowing The dYdX (DYDX) cryptocurrency is used for the layer-2 protocol and serves to facilitate the […] The post dYdX to launch its own blockchain, what could this mean for the value of the token? appeared first on Invezz.

Derivative DEXs are still figuring out the best way to structure their protocols.

The protocol chose Cosmos as a best fit as it would not only need decentralization but also the ability to handle and scale 1,000 orders per second.

Ethereum-based decentralized trading platform dYdX will be deployed as an independent blockchain on the Cosmos ecosystem. The team behind the project made the announcement this morning leading to a positive reaction for its governance token, DYDX.

The layer 1 blockchain will be built in the Cosmos ecosystem.

dYdX, a famous crypto derivatives exchange, has announced that it will be developing dYdX V4 on a standalone Cosmos based blockchain and Tendermint Proof-of-stake consensus protocol. DYDX price up by 7% Exchange mentioned that it will feature a fully decentralized, orderbook, off chain, and matching engine.

dYdX says that by launching a new blockchain, it would make its offering more competitive and decentralized. The post dYdX to expand to its own blockchain in the Cosmos ecosystem appeared first on The Block.

Three Arrows Capital was an early investor of dYdX. The team at dYdX has released a statement clarifying that the project is unaffected by the financial situation facing Three Arrows Capital.

Arthur Hayes has penned a new blog post in which he hopes Bitcoin and Ethereum will not drop any further in the crypto markets. Mr. Hayes also admits his $27k to $25k Bitcoin floor and Ethereum's $1.7k to $1.8k were obliterated by the ongoing sell-off.

The firms said operations will continue as usual as the crypto community assesses the fallout from speculation the crypto hedge fund failed to meet margin calls.

The selloff in crypto assets has affected the decentralised finance (DeFi) space. Volumes locked have dropped significantly over the past month, and DeFi coin prices [.

The decentralised finance (DeFi) market currently has $55 billion in assets locked, representing a 10% jump in the past week. Could this be a good [.

The perpetual contract trading platform dYdX released an app for all users outside of the US which will offer the same functionalities as the website and will be available on the Apple store so let's find out more about it in today's latest crypto news. dYdX released an app on the apple store and joined […]

Perpetual contract trading platform dYdX has launched an app for users outside of the U.S. that will offer the same functionality as its website.

What is the outlook of the dYdX Coin price ahead of the big announcement? We explain what to expect in the near term.

Solana (SOL) The SOL price slashes below the crucial support at $77.50 and may continue to head towards the pivotal support at $65.45  However, a minor bounce may make its way out just below $70 but the rebound if ignited may still not uplift the price above the crucial price zone around $77.5 Hence the …