According to Foresight News, decentralized derivatives exchange dYdX has announced plans to launch the dYdX Unlimited upgrade for the dYdX Chain this fall. The upgrade will introduce several new features, including permissionless market launches, MegaVault, an Affiliates Program, and permission keys.
The permissionless market launches will allow users to create and trade on markets without requiring prior approval. MegaVault aims to enhance liquidity by sourcing it from dYdX users and acting as a market maker for all dYdX Chain markets. The Affiliates Program will introduce an invitation system to encourage user engagement and growth.
Additionally, the upgrade will include permission keys designed to provide a more secure and customizable environment for institutional and high-value traders. These keys will offer enhanced security measures and tailored trading conditions to meet the specific needs of these users.