RE: RE: Good news for Cosmos, bad look for Ethereum - dYdX on the move.

avatar of @jk6276
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1 min read

It's always fun to watch Maxi's go into melt-down when they see something moving away from their precious chain. Multi chain future is inevitable, and maxi's can't handle that.

It will be interesting to see if dYdX volume does hold up after it moves, or if it is a playground for Eth people that will find something else with high gas to play with.

One other side benefit is that I have seen they rely heavily on USDC as their stablecoin, and will be pushing for a native Cosmos eco-system version of it, rather than a bridged version. Native USDC in the IBC would be nice.

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