Using @dYdX but didn't notice that it actually uses StarkWare's Layer2 technology behind the scenes. This is quite crucial because it directly addresses two major issues: slow transactions and high fees.
In simple terms, dYdX moves most of the computation off-chain and only puts the results back on-chain. This means that transaction execution is fast and cost-effective, with almost no perceived delay, and significant gas savings.
For high-frequency traders, this is a qualitative improvement. You don't get stuck every time you place an order like with traditional DEXs, and you don't have to spend a lot on fees due to frequent trading. The overall experience feels more like a centralized exchange, but you still have control over your assets.
Moreover, it's not that kind of compromise "cheap"; the technical solution is a genuine L2 expansion that balances performance and security. This is actually quite rare among DEXs.
Especially for those who enjoy perpetual contracts and leveraged trading, this smooth, low-cost experience can be considered one of the best available right now. dYdX hasn't adopted the "high-subsidy, high-fee" approach; instead, it has reduced costs from the underlying architecture. The key is that it has a leaderboard event on @KaitoAI, so you must participate. You can also pay more attention to projects on @arbitrum, which are currently very popular!! @shoutdotfun's first coin $ENERGY surged dozens of times at launch, and you can also keep an eye on $SHOUT and $Bane!!
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