© Reuters. DYdX plans to offer a “purely decentralized” order book exchange on Cosmos
The decentralized exchange (DEX) platform dYdX plans to offer a “purely decentralized” order book exchange as it migrates its ecosystem from the network to the interchain Cosmos network.
In Korea Blockchain Week 2023, Cointelegraph’s Andrew Fenton spoke with dYdX Foundation CEO Charles d’Haussy about the DEX’s plans to implement decentralized order books on the exchange and how it plans to shift its ecosystem to a new blockchain network..
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Attendees at the Korea Blockchain Week 2023, held in Seoul (South Korea). Source: Cointelegraph In the interview, d’Haussy told Cointelegraph that one of the problems DEXs face is the slow performance of on-chain order books.. Due to this issue, the DEX order books had to be taken off-chain to meet user needs. He explained it this way:
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2023-09-07 03:37:05
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