DYdX Exchange Implements StarkWare Level 2 Solution for Perpetual Contracts – Bits Media

Dydx Dyntralized Exchange Launched unlimited cryptocurrency contracts using the second level of Starkware to reduce commissions and increase the speed of trading.

According to Dydx blog statement, Immortal cross-marginal contracts The cryptocurrencies were launched using a second -level solution for the Starkware Ethereum network for all platform traders.

“For a significant scale of trading, Dydx and Starkware created a second -level protocol for unlimited contracts, Based on the Starkware Starkex and smart contracts, DYDDX Perpetual Smarts. Now traders can trade with zero gas costs, lower trading fees and reduced minimum transactions ".

Previously, unlimited contracts using Starkware were available in a closed alpha version of the solutions with limited deposits, which was launched in February. Dydx claims:

“With the transition to our second-level protocol, we have created a completely new product and a trading system for unlimited contracts with a cross-margin. The product is distinguished by a new improved user interface, instant trade and all expanded functions, which traders expect from unlimited trade ".

Decentralized Exchange Dydx announced partnership with Starkwire in August last year. Then the developers of the exchange said, that supporting the technology of scaling the second level of Starkex will be added to the platform.

Starkware uses in his solution the technology of rolls with zero disclosure (ZK Rollups), which, Like Optimistic Rollups from Optimism, It is developed to solve some problems of the scaling of the Ethereum.

Both technologies have their pros and cons of. Dydx declared, What ZK Rollups chose, Because the decision of Starkware has already entered the production stage, When the exchange for the first time became a partner of the startup.

Decentralized exchange of Deversifi also uses Starkware Solution. The Defi Synthetix application uses Optimism rolls. Uniswap also considers the possibility of integration with the second level of Optimism.