The dYdX chain, built on Cosmos, has entered its beta mainnet phase, allowing active trading across 33 perpetual markets with up to 20x leverage. During this stage, no trading rewards will be distributed, but validators and stakers will accumulate trading fees. The transition to full trading with rewards depends on the chain's stability, determined by governance votes. Additionally, dYdX is partnering with Circle and Noble chain, leveraging Circle's Cross Chain Transfer Protocol (CCTP) to facilitate easy, secure transfers of USDC collateral from other chains to dYdX. CCTP launched on Noble's testnet on Nov. 3 and will be on the mainnet on Nov. 28.

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