Details of the planned enhancements are available in their recently published development overview, which outlines several improvements designed to optimize platform efficiency and increase accessibility for all users.
A key feature of the upcoming updates is the capability to execute trades directly within the Telegram messaging application. The exchange anticipates that this integration will attract a wider base of retail traders by streamlining the process of engaging with the platform.
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Additional platform improvements are geared towards boosting processing speeds and increasing adaptability. The introduction of “designated proposers” will expedite transaction validation through a dedicated validator selection.
Further enhancing the trading experience, dYdX is also adding a range of advanced order types. These include scale orders for setting multiple price targets across a defined range, and TWAP (time-weighted average price) orders, which strategically distribute larger trades into smaller increments over specified timeframes.
To incentivize engagement on the platform, dYdX is planning to implement a fee-sharing partnership program. This initiative will reward liquidity providers and other active participants with up to 50% of the protocol’s trading fees, encouraging increased trading volume and liquidity contributions.
The upcoming changes also target enhanced usability. Social login options will be introduced, enabling users to access their accounts without directly managing wallet keys. A planned Osmosis integration will facilitate seamless swaps between USDC
Webull recently expanded cryptocurrency offerings in Australia on August 27. Find out more about the move: See the complete article.