dYdX has recently introduced an exciting new feature for Keplr Wallet users, allowing them to easily connect to the dYdX platform and trade across more than 130 markets. This new integration between dYdX Chain and Keplr Wallet will enhance onboarding and connect the wallets with an onboarding process that requires only three clicks.
New dYdX Integration Expands Keplr Wallet’s Trading Options
Described as safe and easy to use, Keplr Wallet is one of the most popular, with more than a million users worldwide. The integration with dYdX provides Keplr users with the best-in-class decentralized trading and staking services while allowing them to retain custody of their funds at all times.
The integration means that Keplr Wallet users are now able to efficiently engage directly with dYdX’s on-chain order book. USDC stablecoin holders with Keplr wallets can gross these funds directly to the dYdX Chain. Users who do not hold USDC may transfer their funds to the dYdX chain through the CCTP or Cross-Chain Transfer Protocol.
This integration was eagerly awaited by the dYdX community and should contribute to better access to dYdX Chain, primarily due to the launch of dYdX Unlimited in the autumn. This major upgrade is expected to bring to the fold virtually an uncountable number of perpetual markets, such as differing crypto-assets and prediction markets. Furthermore, there will be the MegaVault, the major liquidity pool to provide liquidity in all dYdX Chain markets.
Keplr Wallet Integration Boosts dYdX’s Trading Platform, Says CEO
Charles d’Haussy, the CEO of the dYdX Foundation, seemed excited about the integration; he said that Keplr had fostered openness about the Cosmos ecosystem for Web3 people. He showed that Keplr has one of the most secure wallets and a user-friendly interface, which is advantageous when building a comprehensive trading platform.
Josh Lee, the CEO of Keplr Wallet, also shared his thoughts about the integration, pointing out that Keplr Wallet works with different blockchains, but based on the Cosmos ecosystem, dYdX Chain integration helped to improve its position. He underlined that the decentralized order book of dYdX provides traders with a fast and low-fee environment where Keplr’s users can operate on dYdX through their Web 3 wallet.
