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DYdX Releases Chain v5.0 Software Update

18/06/2024 23:44

According to Foresight News, dYdX has launched a new software update, dYdX Chain v5.0. The update includes several key features such as isolated markets and isolated margin, protocol-defined LP Vault 3, integration with Slinky Sidecar and Raydium, batch order cancellation, parallel signature verification, soft open interest rate cap, and full node streaming. The isolated markets and isolated margin feature allows for more secure and efficient trading. The protocol-defined LP Vault 3 is a new addition that enhances the liquidity provision. The integration with Slinky Sidecar and Raydium is aimed at improving the overall user experience. The batch order cancellation feature allows users to cancel multiple orders at once, saving time and effort. The parallel signature verification feature enhances the security of transactions. The soft open interest rate cap is a new feature that aims to provide more flexibility in interest rates. Lastly, the full node streaming feature allows for faster and more efficient data transmission.

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