ChainCatcher news, the decentralized derivatives trading platform dYdX announced that it will close its v3 version on October 28, 2024, at 20:05 (Beijing time). From now until the closing date, the v3 exchange will operate normally, but users should close their positions and withdraw USDC as soon as possible. After October 30, users can withdraw the total USDC value from their accounts from the Ethereum smart contract, including any open positions.dYdX emphasizes that user funds are secure and can be withdrawn from the smart contract indefinitely. This closure only affects v3 users; dYdX Chain (v4) and others are not affected. Meanwhile, dYdX stated that it will focus resources on developing the Unlimited version, which is planned for release this fall.

ChainCatcher message, dYdX announced on X that the Launch Incentive Program Season 5 will distribute 5 million DYDX to 2,700 accounts. Meanwhile, Season 6 has now begun.

ChainCatcher news, dYdX announced that it has completed the third milestone in the development of version V4, including dynamic funding rates, trading interface, and more. dYdX stated that it will launch the internal test network on March 28, 2023, and expects to open the public test network by the end of July and launch the mainnet by the end of September. (source link)