dYdX Chain Public Testnet - DropsEarn
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dYdX Chain Public Testnet

dYdX Chain Public Testnet

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Details

The dYdX v4 Chain Public Test Network is set to launch on July 5, 2023, and Milestone 4 marks the completion of features required for the public testnet launch, which will include several larger than the validators that run the software.

Some of the functions in the testnet include connecting wallets, viewing order books, placing market orders, and viewing account information. The following core flows will be available for testing through integrations, APIs, web sockets, and web UI. At launch, the testnet only works with the Bitcoin and Ethereum markets, but it is anticipated that the open-source software will cover around 30+ markets when the network is upgraded.

The launch includes:

The protocol smart contracts are some of the most sophisticated to exist on Ethereum to this point. dYdX has built them in a modular way that allows many features to be built on top and easily upgraded without sacrificing decentralization.

the project has also invested heavily in testing and audits to ensure the contracts are as secure as possible. dYdX built an extremely rigorous test suite with 100% test coverage on both lines and branches for all of the more than 10,000 Solidity lines of the smart contracts. Additionally, dYdX contracts are being audited separately by multiple top security firms. Once these audits are complete the project will start rolling out to mainnet.

In the coming months dYdX will be releasing user facing applications that make it simple for users to use dYdX. The team is also hard at work building libraries that will help developers build on top of the protocol. For any questions, please reach out on Slack and stay tuned for some upcoming technical posts that dive into more detail on the protocol.

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About

The testnet will include a larger number of validators running the software (40+), and will launch with Bitcoin and Ethereum markets but the project anticipates that the open-source software will include approximately 30+ markets as the network gets upgraded.

Activity Type

Testing

Testnet

Bugs

Date

from 5 Jul 2023 09:00(UTC+3)

Registration

Open

When Reward:

None

Event Status

You can participate(Event started, Registration open)