Coinspeaker
dYdX to Release Biggest Onchain Update Since Launch
The features, including Permissionless Market Listing, MegaVault, Permissioned Keys, and many others, are “never before seen on any decentralized or centralized exchange”, as per dYdX. This milestone could drive increased adoption of its system. With the permissionless market listing, users are guaranteed access to instantly list any market on the dYdX Chain and will not require any governance approval.
Users must go on the dYdX platform and choose to launch a new market from a list of virtually unlimited markets, including cryptocurrencies and prediction markets. Significantly, dYdX hinted at these features when it released its 2024 roadmap at the beginning of this year.
At the time, the team also highlighted plans to introduce software allowing the fast deployment of perpetual markets for any asset so long as an oracle can provide price data. It outlined the shortcomings of the market listing requirement
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