dYdX will introduce new features of "isolated markets" and "isolated margin" in version V4

2024-05-15 23:01:00

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ChainCatcher news, May 15, the decentralized derivatives trading platform dYdX announced that it will officially release the V4 software version Release 5.0 in the coming weeks, which will include two new features: "Isolated Markets" and "Isolated Margin."

"Isolated Markets" refer to markets that have independent collateral pools and insurance funds, allowing the protocol to support more markets with different risk profiles. Correspondingly, "Isolated Margin" allows users to manually adjust their collateral for specific positions, providing a more intuitive way to control and understand their collateral management. dYdX stated that the new market widget will expand from about 20 markets to over 800 potential markets. Additionally, Raydium will become the first decentralized trading protocol that can query prices on the dYdX Chain as a validator.

dYdX emphasizes that, given the high volatility of crypto assets, traders should carefully assess their risk tolerance before trading in "Isolated Markets" and fully understand key attributes such as the price oracle sources and spot liquidity of the relevant markets. As the sources of oracles decrease and liquidity thins, the risks in the market will also increase.

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