The post dYdX gets isolated margin, isolated markets, and Raydium support in latest upgrade appeared on BitcoinEthereumNews.com.

The protocol also announced an Android app allowing users to trade on the mobile phone platform, among other upgrade features. After a community vote earlier this month, version 5.0.0 of the dYdX protocol is live, introducing several new features, including isolated margin, isolated markets, and support for Raydium Markets. Isolated margin breaks with the traditional model of collateralized pools by enabling traders to assign collateral to a specific trade rather than exposing those funds to price movements across several trades. Charles d’Haussy, CEO of the dYdX Foundation, highlighted the benefits of segregating collateral and ensuring that each collateral pool has dedicated insurance. In a statement to Cointelegraph, the CEO explained, “Isolated margin introduces the option for traders to trade any market as an isolated position.” The executive continued: Read more Source: https://cointelegraph.com/news/dydx-isolated-margin-markets-raydium-support-upgrade

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Filed under: News - @ June 19, 2024 5:14 pm