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
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.
Here at dYdX, our mission is to democratize access to financial opportunity. We believe the release of v4 software will represent notable progress in service of that mission. The events that have transpired over the last year have only reinforced the need for open, transparent, and permissionless financial products. We’re excited for v4 to better meet those needs.
To ask additional questions, join the discussion on Discord, participate in the dYdX community, or follow us on Twitter. We’re excited to continue building the dYdX Chain and will continue to release updates over the coming months.