dYdX Decentralization

Crypto derivative exchange dYdX plans for complete decentralization

Crypto derivatives exchange dYdX is planning complete decentralisation of the platform. Currently, the order book of the platform is managed by a central organization called dYdX Trading Inc. Other than this, governance, staking and smart contract features are already decentralised. Order book would be decentralized through protocol upgrade after which the platform will be completely controlled by the dYdX community.