dydx, a firm that believes DeFi will “supersede traditional finance technology,” has published an updated roadmap for 2024.
The decentralized exchange (DEX) states that during the year, it will focus on three different areas:
- Permissionless Markets,
- Core Trading Improvements,
- UX/Onboarding Upgrades.
For permissionless markets, dydx aims to enable traders to list and trade “any market, instantly, without going through any applicable governance process.”
For Core Trading, dydx seeks to improve the reliability of its DEX, add new trading features as well as support additional programming languages
dydx believes that onboarding and a solid UX are key to providing a best-in-class trading experience.
dydx’s ambitions are supported by a platoon of well-known VCs. The company is currently looking to add to its staff (in NYC).
dydx currently reports a 24-hour trading volume of around $300 million for over 100,000 trades. The DEX currently lists 37 different digital assets.
