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Derivatives exchange dYdX to become ‘100% decentralized by EOY’ -Breaking

April 21, 2022April 21, 2022 by Mike Robinson

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Derivatives exchange dYdX to become '100% decentralized by EOY'

The derivatives exchange dYdX is to be “100% decentralized” by the EOY

Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol’s V4 update.

dYdX offers primarily perpetual contracts. These are derivatives products which borrow elements from spot and futures trading, but don’t have an expiry.