The dYdX ecosystem development plan has announced a new round of funding, with a total amount of approximately 2 million USD

2024-06-10 21:31:59

ChainCatcher news, according to official sources, the dYdX ecosystem development plan has announced a new round of funding, totaling approximately $2 million.

It is reported that this round of funding includes ten specific projects, covering various aspects from wallet integration, market making to trading bots and user interface improvements:

Integration with Keplr wallet;
Pulsar Trading will increase exchange deposits and liquidity through this program;
The collaboration plan with Raven and Velar Technologies has been extended for six months, supporting up to 60 markets;
Launch of an incentive program: Chaos Labs is responsible for managing and implementing a $10 million launch incentive program;
Isaac Telegram trading bot: The first release will support trading in dYdX's three major markets (BTC, ETH, SOL);
Copy trading bot: Funding for the open-source copy trading bot developed for Erience Solutions.
dYdX Urbit client: AJ LaMarc will develop a client with one-click installation functionality.
Improvements to trading history and market pages: Nabla HQ has received funding to create export features and redesign market pages.
Solana node management: Helius Labs will manage two Solana RPC nodes to support dYdX testnet validator access to price data.
dYdX commodity program: This program has been extended for six months to support new product development and operational optimization.