The decentralised finance protocol Dydx (CRYPTO:DYDX) has launched version 5.0.0 of its blockchain software, introducing isolated markets and margins to enhance risk management and user control.
This upgrade, approved by the Dydx community, allows the segregation of collateral pools and dedicated insurance funds, reducing the impact of market fluctuations across various positions.
Additionally, the update integrates Slinky, a high-performance oracle, for real-time price updates from decentralised exchanges.
With this expansion, Dydx now supports over 800 potential markets, including niche assets like Solana meme coins. The recent release of the dYdX trading app for Android aims to increase accessibility and market participation.