**dYdX in Talks to Sell Derivatives Trading Software Amid Security Breach**

Decentralized exchange dYdX is reportedly in discussions to sell some of its derivatives trading software. According to a July 23 Bloomberg report, dYdX Trading Inc. is negotiating with crypto market makers, including Wintermute Trading and Selini Capital, to sell its v3 protocol. Wintermute specializes in digital assets, while Selini focuses on alternative investments.

Shortly after the news broke, dYdX's v3 version was compromised. Users were warned on social media to avoid the dYdX website and links until further notice.

dYdX v3, known for perpetual contracts, has seen a trading volume of $1.22 trillion since January, according to DefiLlama. This potential sale comes after founder Antonio Juliano stepped down in May, with Ivo Crnkovic-Rubsamen now leading the company.

In June, dYdX launched its v5 version, introducing features like isolated margin and support for Raydium Markets, enhancing trader security and flexibility.