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dYdX Launches Public Testnet for V4, Paving the Way for Full Decentralization

Crypto exchange dYdX has announced the launch of a public testnet for its V4 iteration, marking the completion of milestone 4 out of 5. Once implemented on the mainnet, V4 is expected to enable full decentralization of the exchange.

Unlike its current version, V4 will eliminate the centralized order book and matching engine, making it fully decentralized without relying on an automated market-maker. Users can now request testnet funds to try out the app and perform basic functions of the exchange.

dYdX (ethDYDX) dYdX (ethDYDX) $1.54
+0.87%
decentralization
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