Democratizing Access to Financial Opportunity
summary
dYdX announces V4 as a standalone Cosmos L1 moving off StarkWare ZK rollups to a Tendermint/CometBFT chain built with the Cosmos SDK and Go node binary, shipping open source code on October 10. The design uses a fully decentralized off‑chain order book run by third‑party validators, claims 1,000–2,000 TPS, supports one billion USD daily volume and over one trillion USD traded to date, keeps custody with users, and routes fees to validators.
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chapters (8)
- 0:00dYdX and V4 intro
- 1:26What is dYdX Chain
- 2:50Decentralize order book
- 4:15End of centralized infra
- 6:45Security and non-custodial
- 8:31L2 to Cosmos move
- 10:36dYdX Chain features
- 12:43Self-custody and plans
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