Introduction
We’re in the final stages of prepping for the introduction of the v4 blockchain software that will be open-sourced by dYdX (the “dYdX Chain” or “v4”). Our next milestone will be the launch of Testnet 3. To prepare, we will wind down Testnet 2 on September 11th at 15:00 UTC. The network will relaunch on September 12th and the front end will be available on September 13th with a new set of features. The testnet will not be available for use during this time.
Read more about the details of Testnet 3 here:
Public Testnet 3
Milestone 4 introduced public Testnet 1 and public Testnet 2 introduced features like 30+ markets, trading fees, order book refinement, and much more.
Testnet 3 is our final planned network reset. All future updates to the Testnet will take place onchain.
The updated public Testnet will include key upgrades such as:
- Conditional orders: Stop orders and take profit orders
- MEV nodes: Adds MEV tracking to better identify bad validators.
- Spam mitigation: Adds protection from denial of service attacks through the usage of rate limiting requests and scaling the number of orders a user may have based upon their total net collateral.
- Delay-msg module: Enables certain messages to be sent on a predefined delay.
- v4 supported markets: Added and removed various markets for trading
- Gas fees: Enables a governance token to be used to pay for gas
We look forward to the launch on September 13th. In the meantime please leave feedback for the Testnet in our Discord.
Legitimacy and Disclaimer
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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 for Restricted Persons as set out in the dYdX Software Terms of Use, accessible: https://dydx.exchange/v4-terms. dYdX International Ltd (“DI”) does not develop, control or participate in the operation of any component of the dYdX Protocol (including the MegaVault).
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