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dYdX outline plans for full decentralization in late 2022 -Breaking

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Layer-two derivates protocol dYdX is available. PubliziertThe fourth version of the roadmap outlines its plans to transform into an open-source community-governed, fully decentralized exchange before the close of the calendar year.

This hybrid platform runs currently on a mix model. Some operations, including governance and staking, are distributed while others, like the off-chain ordering book and matching engine are handled by dYdX Trading Inc. Other components such as the offchain order books and matching engines are supported externally by a variety of centralized partners such as Amazon (NASDAQ) Web Services.