⚠️ dYdX has announced a new date for its cosmos-based public testnet! When will it be released? Check here -
DYDX Foundation, the non-profit organization behind the popular decentralized exchange DYDX, has announced a new launch date for the public testnet of its Cosmos-based blockchain as it prepares to exit the Ethereum ecosystem later this year.
According to the foundation, the testnet is set to go live next week on July 5, which is earlier than the previous schedule. The team estimated in March that the public testnet would launch by the end of July after the third milestone .The upcoming release is the fourth phase of DYDX’s five-stage milestones to test its Cosmos-based blockchain before the full release of the mainnet.
During the private testnet, the team made several improvements to the network, including enabling documentation for market makers and validators, limit orders, dynamic funding rates, and ABCI 2.0 and other features ofThe public testnet will allow users to test and explore more features, including accessing order books, account balances, order history, and market data. It will also include many validators running the network’s software.
“We are happy to announce that we completed Milestone 4 ahead of schedule! Our public testnet is set to go live on July 5 at 17:00 UTC.
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