dYdX Foundation CEO: The order book of DEX must move off-chain, dYdX on Ethereum will shut down in a few months
ChainCatcher news, dYdX Foundation CEO Charles d'Haussy stated in an interview with Cointelegraph that one of the issues facing decentralized trading platforms is the inadequate performance of on-chain order books. Due to this issue, the order book of the DEX must be moved off-chain to meet the needs of the trading platform's users. Because even a 1-second block time would mean a 1-second delay in the order book.
When mentioning the migration plan, Charles d'Haussy stated that dYdX is not expanding, but merely migrating, and the dYdX trading platform on Ethereum will be shut down in a few months.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
