DYdX Chain officially launches on mainnet as standalone Cosmos Layer 1

Quick Take

  • The dYdX version 4 and its standalone Cosmos blockchain has rolled out its alpha mainnet phase.
  • The launch marks the transition to dYdX version 4 and its new community-governed blockchain.

The "alpha mainnet" for dYdX DYDX -2.089% 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, com