The #Cosmos -based #dYdXChain has achieved a significant milestone by launching its beta mainnet phase, enabling a live trading interface governed by community votes. The mainnet, which went live on October 24, allows up to 2,000 transactions per second (TPS) and offers #decentralized protocols, including an order book. A recent community vote switched trading on all markets from post-only to active, garnering support from over 99% of members and leading to the launch of the beta mainnet. With 33 active perpetual markets and 20x leverage for traders, the #dydx Chain is fully operational, though stability and interface improvements are ongoing due to its beta status. The mainnet doesn't currently support trading rewards; instead, validators and stakers will earn a portion of accumulated trading fees. To transition DYDX tokens from Ethereum to the dYdX Chain, a bridge portal has been created, converting tokens to #wethDYDX tokens on the new chain. The process takes 38 hours, after which users can stake their tokens and earn a share of trading fees. The platform is committed to transparency and ongoing updates for the dYdX community. Operating on Cosmos and using the ComeBFT consensus mechanism, dYdX started on Ethereum in 2019, quickly attracting traders seeking leveraged crypto trading. As the platform grew and Ethereum network fees increased, the migration to a new architecture became necessary. Creating and launching the dYdX Chain involved community voting for each phase, culminating in the current beta phase to test live trading for optimal network performance while offering low fees to traders.