The decentralized trading platform dYdX Chain has completed its mainnet migration and officially launched full trading. This milestone was achieved after a successful governance vote, highlighting the platform’s commitment to decentralized decision-making and community-driven development. Major markets such as BTC-USD, ETH-USD, SOL-USD, and LINK-USD are now available for trading on the platform. The transition to full trading follows a testing period in the Beta Stage, where trading functionality was ensured and fees were accrued to validators and stakers. With stability demonstrated, the network has now entered the Full Trading phase. As part of the migration, 54 million DYDX tokens will be credited to the Rewards Treasury Vester to fund trading rewards, incentivizing further migration to dYdX Chain. Additionally, over 170 million DYDX tokens were credited to the Community Treasury Vester based on remaining balances from the Ethereum treasuries. The launch of a 6-month Launch Incentive Program, designed to drive volume and user growth, has also been approved. Notably, the program will distribute rewards in DYDX tokens following each successful trade, aligning incentives with trading activity. The dYdX Chain emphasizes the importance of stability, security, and transparency, and plans to add more markets and provide regular updates to its community.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	1
People	None
Companies	Rewards Treasury Vester, dYdX Chain, Community Treasury Vester, Ethereum, Chaos Labs
Currencies	dYdX, US Dollar
Securities	None