dYdX has successfully upgraded its chain to version 5.0, integrating Slinky by Skip Protocol. This upgrade introduces several significant features, including the ability to update prices with less than one-second refresh, the introduction of over 5,000 new isolated markets, and the foundation for permissionless market creation. Additionally, dYdX v5.0 is the first live deployment of vote extensions, a notable achievement by Mark Baricevic, Binary, and Informal Inc. The upgrade also marks dYdX as the first chain with programmable consensus, enabling token restaking for unlimited functionality. Block production on the network is reported to be healthy, with updates to the front end expected soon.
dYdX Chain is the first chain to use Vote Extensions in production. dYdX returns to the technical frontier, starting with collaborative block building to demolish the liveness <> safety tradeoff.
This is honestly an ecosystem win. @dYdX v5 is the š first live deployment of vote extensions. This is a huge feat by @mark0baricevic / Binary, and @informalinc. With Slinky, it's the first chain with programmable consensus - restaking your token for unlimited functionality. https://t.co/4taHdpjjzF
dYdX Chain v5.0 š¤ Slinky by @SkipProtocol https://t.co/eH8xmQSkyw