DeFi platform dYdX plans Telegram trading in roadmap update as earnings slide
DYdX is recovering from an up-and-down 2024, where the DEX laid off 35% of its workforce in October.
Decentralized exchange dYdX has updated its 2025 roadmap, outlining plans to launch a Telegram trading integration as the platform faces declining earnings.
According to the roadmap, dYdX plans to roll out a series of software upgrades that include a partner fee share, scale and TWAP orders and designated proposers, targeting the reduction of end-to-end trading latency.
In addition, the DEX plans to launch Telegram-based trading in September, enabled by its July acquisition of Pocket Protector, a social trading app. As part of the deal, Pocket Protector co-founder Eddie Zhang joined dYdX as president.
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