October 20, 2023

Understanding Front End Safety

dYdX
Understanding Front End Safety

The introduction of the dYdX v4 software (“dYdX Chain”) is our commitment to complete decentralization. We will open source all parts of the code, including the front end, and third parties can deploy the software and operate the infrastructure.

The front end, or the website in which you connect to the dYdX Chain, will be open-sourced meaning it can be forked and deployed by anyone in accordance with the v4 Terms of Use. While this is a great step toward decentralization, it requires traders to conduct more diligence before using a deployed dYdX Chain front end.

Once a dYdX Chain is live and front ends have been deployed, it’s incredibly important for traders to be vigilant of the interface they plan on using. Since anyone can deploy the front end, it can become a point of attack for bad actors to gain access to trader wallets and funds. Just like many things in crypto, it’s important to only connect wallets to trusted interfaces and because dYdX Trading Inc. will not host any front ends using v4 software, distinguishing trustworthy front ends from non-trust worthy front ends may take a bit more effort.

How to Stay Safe

While dYdX Trading Inc. has no control over who deploys any front ends using v4 software, there are a few ways you can increase your safety. We encourage traders to research which validators they stake with or trust and see which front ends such validators are using. We also plan to share any front ends that we believe to be trustworthy on our social media and blog platforms as well as list such front ends on our help center here.

Another way to ensure safety–if you’ve got the technical chops–is to deploy your own front end. Find all of our v4 software code here to get started.

We understand that this may add a layer of complexity to your trading experience, but in time we believe many trustworthy front ends will be deployed. This level of decentralization is important to create the best possible user experience and reach our mission of democratizing access to financial opportunity.

We are looking forward to the release of the dYdX Chain software soon! And, as always in crypto, stay safe and DYOR!

About dYdX and Terms

Here at dYdX, our mission is to democratize access to financial opportunity. We believe that v4 software will represent notable progress in service of that mission. The events in the global economy that have transpired over the last year have only reinforced the need for open, transparent, and permissionless financial products. We’re excited for v4 software to better meet those needs.

If building the future of a decentralized exchange and open finance is something you’re interested in, check out what it’s like to work at dYdX and our open roles!

To ask additional questions, join the discussion on Discord, participate in the dYdX community, or follow us on Twitter. We’re excited to continue building the dYdX Chain and will continue to release updates over the coming months.

Terms and Conditions: This post is subject to the dYdX Terms of Use.  The dYdX interface and products are not available to persons or entities who reside in, are located in, are incorporated in, or have registered offices in the United States or Canada ("Blocked Persons"), or other Restricted Persons (as defined in the dYdX Terms of Use). dYdX products and services are not intended for, and should not be used by, Blocked Persons or Restricted Persons. Terms of Use specific to v4 software can be found here.

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dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to U.S. persons as well as in other restricted jurisdictions. The dYdX Foundation does not operate or participate in the operation of any component of the dYdX Chain's infrastructure.

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The dYdX Foundation does not operate or has control over the MegaVault and has not been involved in the development, deployment and operation of  any component of the dYdX Unlimited software (including the MegaVault).

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