TechFlow News — dYdX founder Antonio Juliano told CoinDesk that dYdX is embarking on a bold journey, transitioning from Layer 2 networks within the Ethereum ecosystem to its own blockchain built using Cosmos technology. The testnet was announced in July, and the mainnet is expected to launch next month.
He added that the project is currently in the final stage of testing, planning to start with 50 to 100 validators and gradually scale up to ensure blockchain reliability. The new blockchain aims to handle over 1,000 transactions per second. Notably, dYdX has never offered derivatives products to U.S. customers, thereby avoiding regulatory oversight by the U.S. Commodity Futures Trading Commission.
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