{"id":40370,"date":"2021-04-07T20:11:55","date_gmt":"2021-04-07T17:11:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40370"},"modified":"2025-08-30T13:50:26","modified_gmt":"2025-08-30T10:50:26","slug":"dydx-launches-cross-margined-perpetuals-on-layer-2-in-ethereum","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dydx-launches-cross-margined-perpetuals-on-layer-2-in-ethereum\/","title":{"rendered":"dYdX launches cross-margined perpetuals on Layer 2 in Ethereum"},"content":{"rendered":"<p>The decentralized cryptocurrency derivatives exchange dYdX has launched cross-margined perpetual contracts on a Layer 2 protocol in the Ethereum network.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">It\u2019s finally time. Our Layer 2 cross-margined Perpetuals are available to the public on mainnet Ethereum, powered by <a href=\"https:\/\/twitter.com\/StarkWareLtd?ref_src=twsrc%5Etfw\">@StarkWareLtd<\/a> and settled in <a href=\"https:\/\/twitter.com\/search?q=%24USDC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDC<\/a>. Read the announcement, and start trading here \u2193<a href=\"https:\/\/t.co\/H4ptd6zidr\">https:\/\/t.co\/H4ptd6zidr<\/a><\/p>\n<p>\u2014 dYdX (@dydxprotocol) <a href=\"https:\/\/twitter.com\/dydxprotocol\/status\/1379437711149371392?ref_src=twsrc%5Etfw\">April 6, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the statement, the platform has reduced fees and minimum trade sizes, and enhanced user privacy.<\/p>\n<p>dYdX representatives said the product offers an improved user interface and instant trading.<\/p>\n<p>Earlier, the exchange rolled out the solution in <a href=\"https:\/\/u1f987.com\/en\/news\/dydx-unveils-layer-2-protocol-for-perpetual-contract-trading\">closed alpha testing<\/a>. Users could access cross-margined perpetuals in BTC\/USD, ETH\/USD and LINK\/USD pairs with settlements in the stablecoin USDC.<\/p>\n<p>In the future, the platform will add AAVE\/USD and UNI\/USD.<\/p>\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/dydx-raises-10-million-to-develop-its-perpetual-contracts-ecosystem\">dYdX raised $10 million<\/a> to develop the derivatives ecosystem. The funding round was led by Three Arrows Capital and DeFiance Capital.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decentralized cryptocurrency derivatives exchange dYdX has launched cross-margined perpetual contracts on a Layer 2 protocol in the Ethereum network.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1168,787,1337],"class_list":["post-40370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-derivatives","tag-dex","tag-dydx"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=40370"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40370\/revisions"}],"predecessor-version":[{"id":40371,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40370\/revisions\/40371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=40370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=40370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=40370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}