dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
The Foundation wants to preserve an 18-month runway through at least mid-2026.
The Foundation wants to preserve an 18-month runway through at least mid-2026.
The latest price moves in crypto markets in context for Jan. 18, 2024.
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.
The decentralized exchange debuted its layer 1 blockchain based on Cosmos this week.
Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism.
This marks the first step in initiation of the v4 upgrade, where the DEX is transitioning away from its layer-2 network atop Ethereum onto its own standalone blockchain.
In an exclusive interview, Antonio Juliano, founder of dYdX (and a former Coinbase software engineer), discusses his project’s move to build a new layer-1 blockchain using Cosmos technology.