While just minutes ago there were rumors that DYDX would sell its decentralized exchange platform, now the DYDX developer team reported that the exchange web addresses were hacked.
The dYdX exchange allows users to trade perpetual futures contracts on cryptocurrencies such as Bitcoin, Ether, Solana, and Dogecoin directly with each other.
Launched on the Ethereum network in 2017, dYdX later transitioned to a different layer on the blockchain with the introduction of v3 software, which aims to reduce fees and increase transaction speeds. The platform was upgraded to its current v4 format last year with the launch of dYdX's own blockchain.
*This is not investment advice.
