DerivaDAO
DDX
#1660
DerivaDEX (DDX) is a token of a decentralized exchange that provides performance and security to traders. The token is used to manage the project through DerivaDAO, as well as to reduce commissions and place bids.
News about DerivaDAO
DerivaDAODDX #1660
25 Jan 2023, 14:44
RT @DDX_Official: Want to contribute to development, bug testing, and governance?
A good first step is to head to the Discord to request…
RT @DDX_Official: Want to contribute to development, bug testing, and governance.RT @DDX_Official: Want to contribute to development, bug testing, and governance?
A good first step is to head to the Discord to request…
DerivaDAODDX #1660
24 Jan 2023, 22:19
RT @DDX_Official: Most importantly, the transparent on-chain governance process ensures information symmetry.
Symmetry is a beautiful thi…
RT @DDX_Official: Most importantly, the transparent on-chain governance process ensures information symmetry.RT @DDX_Official: Most importantly, the transparent on-chain governance process ensures information symmetry.
Symmetry is a beautiful thi…
DerivaDAODDX #1660
23 Jan 2023, 19:47
Product listings on DEXes have two problems:
- They're not really decentralized. The exchange operator chooses to add products, just like on a CEX.
- Anyone can list anything, with no governance. This is nice for long-tail assets, but can lead to low liquidity and scams.
Product listings on DEXes have two problems:. - They're not really decentralized.Product listings on DEXes have two problems:
- They're not really decentralized. The exchange operator chooses to add products, just like on a CEX.
- Anyone can list anything, with no governance. This is nice for long-tail assets, but can lead to low liquidity and scams.
DerivaDAODDX #1660
23 Jan 2023, 16:47
Seamless upgrades enable:
- new product listings
- changes to leverage limits
- updates to collateral rules
Governance can responsively update the exchange without losing state or downtime.
Why is upgradeability required?
It is a core part of how DerivaDEX balances product agility and the security of decentralized governance.
Here's how an upgrade works:
Seamless upgrades enable:. - new product listings. - changes to leverage limits. - updates to collateral rules.Seamless upgrades enable:
- new product listings
- changes to leverage limits
- updates to collateral rules
Governance can responsively update the exchange without losing state or downtime. https://t.co/w6STunkwhu
Why is upgradeability required?
It is a core part of how DerivaDEX balances product agility and the security of decentralized governance.
Here's how an upgrade works:
DerivaDAODDX #1660
22 Jan 2023, 13:05
Did you know has a reserves and liabilities table? It currently reflects the testnet state!
For DEXES, this is just the start. “Proof of State” is the goal.
Did you know has a reserves and liabilities table. It currently reflects the testnet state. For DEXES, this is just the start.Did you know https://t.co/e4gJMd8k3a has a reserves and liabilities table? It currently reflects the testnet state!
For DEXES, this is just the start. “Proof of State” is the goal. https://t.co/ChePAkn9Vg
DerivaDAODDX #1660
21 Jan 2023, 18:42
RT @DDX_Official: The Auditor!
The Auditor has been around for a while. This provides real-time verification of all transactions, and can…
RT @DDX_Official: The Auditor. The Auditor has been around for a while.RT @DDX_Official: The Auditor!
The Auditor has been around for a while. This provides real-time verification of all transactions, and can…
DerivaDAODDX #1660
21 Jan 2023, 13:26
RT @DeFiConnoisseur: If you trade on cexes the order books are completely opaque.
If you trade on dexes you get front run.
DerivaDEX is b…
RT @DeFiConnoisseur: If you trade on cexes the order books are completely opaque. If you trade on dexes you get front run.RT @DeFiConnoisseur: If you trade on cexes the order books are completely opaque.
If you trade on dexes you get front run.
DerivaDEX is b…
DerivaDAODDX #1660
20 Jan 2023, 18:47
If it's been a while since you've tested https://t.co/O50qgt3xqQ, here are some recent features!
If it's been a while since you've tested here are some recent features.If it's been a while since you've tested https://t.co/O50qgt3xqQ, here are some recent features!
DerivaDAODDX #1660
19 Jan 2023, 21:32
RT @DDX_Official: Upgradeability has been the last major engineering requirement for a mainnet-viable version, and testing is now focused o…
RT @DDX_Official: Upgradeability has been the last major engineering requirement for a mainnet-viable version, and testing is noRT @DDX_Official: Upgradeability has been the last major engineering requirement for a mainnet-viable version, and testing is now focused o…
DerivaDAODDX #1660
19 Jan 2023, 14:29
"Upgradeability" is one of the biggest topics in the most recent engineering update from @DEXLabs1. It's also behind the exchange's current record checkpoint (7232!)
"Upgradeability" is one of the biggest topics in the most recent engineering update from @DEXLabs1."Upgradeability" is one of the biggest topics in the most recent engineering update from @DEXLabs1. It's also behind the exchange's current record checkpoint (7232!)
DerivaDAODDX #1660
18 Jan 2023, 10:24
RT @DDX_Official: The DerivaDEX testnet at has reached 6800 checkpoints.
This is the longest-ever continuous depl…
RT @DDX_Official: The DerivaDEX testnet at has reached 6800 checkpoints. This is the longest-ever continuous depl….RT @DDX_Official: The DerivaDEX testnet at https://t.co/O50qgt3xqQ has reached 6800 checkpoints.
This is the longest-ever continuous depl…
DerivaDAODDX #1660
17 Jan 2023, 20:12
First update on for 2023!
This update covers:
- the status of current beta deployment
- a shift to infrastructure-focused testing
First update on for 2023. This update covers:. - the status of current beta deployment.First update on https://t.co/O50qgt3xqQ for 2023!
This update covers:
- the status of current beta deployment
- a shift to infrastructure-focused testing
https://t.co/KntBEvk6VU https://t.co/Ak2sWEDc1k
DerivaDAODDX #1660
16 Jan 2023, 15:54
The DerivaDEX testnet at has reached 6800 checkpoints.
This is the longest-ever continuous deployment on testnet, surpassing all previous testing sessions.
The DerivaDEX testnet at has reached 6800 checkpoints.The DerivaDEX testnet at https://t.co/O50qgt3xqQ has reached 6800 checkpoints.
This is the longest-ever continuous deployment on testnet, surpassing all previous testing sessions.
DerivaDAODDX #1660
30 Dec 2022, 23:31
Happy holidays!
The current testnet deployment has passed 4,000 checkpoints of continuous operation.
Hop in the discord (link in bio) for more info on testing, testnet tokens, and support!
Happy holidays. The current testnet deployment has passed 4,000 checkpoints of continuous operation.Happy holidays!
The current https://t.co/O50qgt45go testnet deployment has passed 4,000 checkpoints of continuous operation.
Hop in the discord (link in bio) for more info on testing, testnet tokens, and support!
DerivaDAODDX #1660
21 Dec 2022, 23:45
The public ‘beta’ testnet has crossed 3,000 checkpoints— a record for longevity of a continuous deployment!
Want to see how it's going? visit for more detailed information!
The public 'beta' testnet has crossed 3,000 checkpoints— a record for longevity of a continuous deployment.The public ‘beta’ testnet has crossed 3,000 checkpoints— a record for longevity of a continuous deployment! https://t.co/CUSax83Ysa
Want to see how it's going? visit https://t.co/e4gJMd7MdC for more detailed information!
DerivaDAODDX #1660
20 Dec 2022, 00:38
The stats page gives you a picture of how the testnet deployment is going— including details on insurance fund capitalization, node health, and more!
Want to see how it's going? visit for more detailed information!
The stats page gives you a picture of how the testnet deployment is going— including details on insurance fund capitalization, nThe stats page gives you a picture of how the testnet deployment is going— including details on insurance fund capitalization, node health, and more! https://t.co/CUSax7MVqa
Want to see how it's going? visit https://t.co/e4gJMd7MdC for more detailed information!
DerivaDAODDX #1660
19 Dec 2022, 14:18
Happy Monday!🙇
has the latest version of the exchange (almost to checkpoint 3000! 🥳). Ready to test?
Here's how:
Happy Monday. has the latest version of the exchange (almost to checkpoint 3000. Ready to test. Here's how:.Happy Monday!🙇
https://t.co/O50qgtl8io has the latest version of the exchange (almost to checkpoint 3000! 🥳). Ready to test?
Here's how:
DerivaDAODDX #1660
16 Dec 2022, 01:17
RT @DDX_Official: What do you think it would take for users to make the switch to DEX perps (permanently)?
RT @DDX_Official: What do you think it would take for users to make the switch to DEX perps (permanently).RT @DDX_Official: What do you think it would take for users to make the switch to DEX perps (permanently)?
DerivaDAODDX #1660
13 Dec 2022, 23:55
RT @AAAinsley: don’t trust, verify 😈 (exchange state using the auditor tool!)
RT @AAAinsley: don't trust, verify (exchange state using the auditor tool.RT @AAAinsley: don’t trust, verify 😈 (exchange state using the auditor tool!)
DerivaDAODDX #1660
13 Dec 2022, 20:52
How does DerivaDEX manage exchange state?
Join the DerivaDEX Auditor workshop call tomorrow.
We'll cover:
- The DerivaDEX state machine
- The structure of the DerivaDEX sparse merkle tree
- The DerivaDEX Auditor and state-root matching
RSVP 👇
How does DerivaDEX manage exchange state. Join the DerivaDEX Auditor workshop call tomorrow. We'll cover:.How does DerivaDEX manage exchange state?
Join the DerivaDEX Auditor workshop call tomorrow.
We'll cover:
- The DerivaDEX state machine
- The structure of the DerivaDEX sparse merkle tree
- The DerivaDEX Auditor and state-root matching
RSVP 👇
https://t.co/vYfGkVkuta
DerivaDAODDX #1660
12 Dec 2022, 17:46
DEXes that do any off-chain computation should have a way to prove that execution, matching, and liquidation logic applies equally to all traders.
RSVP to the DerivaDEX Auditor Workshop and learn about Proof of State on DerivaDEX!👇
DEXes that do any off-chain computation should have a way to prove that execution, matching, and liquidation logic applies equalDEXes that do any off-chain computation should have a way to prove that execution, matching, and liquidation logic applies equally to all traders.
RSVP to the DerivaDEX Auditor Workshop and learn about Proof of State on DerivaDEX!👇
https://t.co/jeHa690rY4 https://t.co/p5tKUeTIyh
DerivaDAODDX #1660
12 Dec 2022, 14:27
RT @DDX_Official: Beyond reserves and liabilities ✨:
Proof of state for DEXes.
RT @DDX_Official: Beyond reserves and liabilities :. Proof of state for DEXes.RT @DDX_Official: Beyond reserves and liabilities ✨:
Proof of state for DEXes.
DerivaDAODDX #1660
11 Dec 2022, 13:05
RT @DDX_Official: For DEXes where the exchange state is modified off-chain, the exchange should have a way to prove that all accounts are h…
RT @DDX_Official: For DEXes where the exchange state is modified off-chain, the exchange should have a way to prove that all accRT @DDX_Official: For DEXes where the exchange state is modified off-chain, the exchange should have a way to prove that all accounts are h…
DerivaDAODDX #1660
09 Dec 2022, 18:54
For DEXes where the exchange state is modified off-chain, the exchange should have a way to prove that all accounts are held to the same liquidation rules.
On FTX, privileged accounts were held to different rules.
For DEXes where the exchange state is modified off-chain, the exchange should have a way to prove that all accounts are held toFor DEXes where the exchange state is modified off-chain, the exchange should have a way to prove that all accounts are held to the same liquidation rules.
On FTX, privileged accounts were held to different rules.
https://t.co/ChePAkn9Vg
DerivaDAODDX #1660
09 Dec 2022, 15:35
RT @apalepu23: The topic of "trust" has always been paramount to blockchain tech, but it's never been more challenged than it is now.
Chec…
RT @apalepu23: The topic of "trust" has always been paramount to blockchain tech, but it's never been more challenged than it isRT @apalepu23: The topic of "trust" has always been paramount to blockchain tech, but it's never been more challenged than it is now.
Chec…
DerivaDAODDX #1660
09 Dec 2022, 15:11
Beyond reserves and liabilities ✨:
Proof of state for DEXes.
DEXes must provide proof of state to make statements about reserves and liabilities meaningful. Without this, the on-chain deposit contracts of a DEX provide only minor advantages over wholly centralized exchanges.
Beyond reserves and liabilities :. Proof of state for DEXes.Beyond reserves and liabilities ✨:
Proof of state for DEXes. https://t.co/HUbOdsbofb
DEXes must provide proof of state to make statements about reserves and liabilities meaningful. Without this, the on-chain deposit contracts of a DEX provide only minor advantages over wholly centralized exchanges.
https://t.co/RHXCKFLeFU
DerivaDAODDX #1660
07 Dec 2022, 05:11
RT @DDX_Official: self-service is the fastest way to get tokens to test the DerivaDEX beta.
@DerivaDEXfaucet for instructions!
RT @DDX_Official: self-service is the fastest way to get tokens to test the DerivaDEX beta. @DerivaDEXfaucet for instructions.RT @DDX_Official: self-service is the fastest way to get tokens to test the DerivaDEX beta.
@DerivaDEXfaucet for instructions!
DerivaDAODDX #1660
06 Dec 2022, 18:09
Curious about API trading on DerivaDEX? @apalepu23 will be giving a walkthrough of the DerivaDEX Auditor and trader API next Wednesday. Sign up to be reminded!
Curious about API trading on DerivaDEX.Curious about API trading on DerivaDEX? @apalepu23 will be giving a walkthrough of the DerivaDEX Auditor and trader API next Wednesday. Sign up to be reminded!
DerivaDAODDX #1660
05 Dec 2022, 21:32
What do you think it would take for users to make the switch to DEX perps (permanently)?
The days after FTX halted withdrawals saw all-time highs for daily active users on GMX, Perp Protocol and Gains Trade. However this figure quickly reverted back to its mean after liquidity concerns and uncertainty surrounding CEX's calmed down.
What do you think it would take for users to make the switch to DEX perps (permanently).What do you think it would take for users to make the switch to DEX perps (permanently)? https://t.co/ftE7UtGRz7
The days after FTX halted withdrawals saw all-time highs for daily active users on GMX, Perp Protocol and Gains Trade. However this figure quickly reverted back to its mean after liquidity concerns and uncertainty surrounding CEX's calmed down. https://t.co/z4QYawmhbI
DerivaDAODDX #1660
04 Dec 2022, 23:26
RT @DDX_Official: The @DerivaDEXfaucet is running.
Better catch it! 🚿
Now on Goerli. Give the exchange a spin at !
RT @DDX_Official: The @DerivaDEXfaucet is running. Better catch it. Now on Goerli. Give the exchange a spin at .RT @DDX_Official: The @DerivaDEXfaucet is running.
Better catch it! 🚿
Now on Goerli. Give the exchange a spin at https://t.co/O50qgt45go !
DerivaDAODDX #1660
03 Dec 2022, 21:17
self-service is the fastest way to get tokens to test the DerivaDEX beta.
@DerivaDEXfaucet for instructions!
self-service is the fastest way to get tokens to test the DerivaDEX beta. @DerivaDEXfaucet for instructions.self-service is the fastest way to get tokens to test the DerivaDEX beta.
@DerivaDEXfaucet for instructions!
DerivaDAODDX #1660
02 Dec 2022, 22:02
Easier said than done, my AI friend...
Easier said than done, my AI friend.Easier said than done, my AI friend... https://t.co/32Y0P5llNJ
DerivaDAODDX #1660
02 Dec 2022, 02:16
RT @DDX_Official: How to test ?
Step 1: Get testnet USDC @DerivaDEXfaucet
Step 2: Get Goerli Eth https://t.co/w…
RT @DDX_Official: How to test . Step 1: Get testnet USDC @DerivaDEXfaucet. Step 2: Get Goerli Eth.RT @DDX_Official: How to test https://t.co/O50qgt45go ?
Step 1: Get testnet USDC @DerivaDEXfaucet
Step 2: Get Goerli Eth https://t.co/w…
DerivaDAODDX #1660
30 Nov 2022, 20:18
How to test ?
Step 1: Get testnet USDC @DerivaDEXfaucet
Step 2: Get Goerli Eth (or ask in Discord)
Step 3: deposit and start testing!
How to test . Step 1: Get testnet USDC @DerivaDEXfaucet. Step 2: Get Goerli Eth (or ask in Discord).How to test https://t.co/O50qgt45go ?
Step 1: Get testnet USDC @DerivaDEXfaucet
Step 2: Get Goerli Eth https://t.co/wdit9rqdb8 (or ask in Discord)
Step 3: deposit and start testing!
DerivaDAODDX #1660
30 Nov 2022, 15:22
not on Discord? listen in to the GWG call on twitter. (note: twitter listeners are not eligible for the POAP drop this time!)
not on Discord. listen in to the GWG call on twitter. (note: twitter listeners are not eligible for the POAP drop this time.not on Discord? listen in to the GWG call on twitter. (note: twitter listeners are not eligible for the POAP drop this time!) https://t.co/XU1L0N0QMT
DerivaDAODDX #1660
30 Nov 2022, 14:30
DerivaDEX contributor @mathesondavid will be sharing latest efforts in making EIP-2535 contracts accessible 🔎🔎🔎
Join us at 10:30am EST where we'll be speaking about a new UI we're building to allow easier governance of EIP-2535 Diamond contracts 🤝
DerivaDEX contributor @mathesondavid will be sharing latest efforts in making EIP-2535 contracts accessible.DerivaDEX contributor @mathesondavid will be sharing latest efforts in making EIP-2535 contracts accessible 🔎🔎🔎 https://t.co/W2anK5kzZ8
Join us at 10:30am EST where we'll be speaking about a new UI we're building to allow easier governance of EIP-2535 Diamond contracts 🤝 https://t.co/5JKIsLsPH3
DerivaDAODDX #1660
30 Nov 2022, 04:09
The @DerivaDEXfaucet is running.
Better catch it! 🚿
Now on Goerli. Give the exchange a spin at !
The @DerivaDEXfaucet is running. Better catch it. Now on Goerli. Give the exchange a spin at .The @DerivaDEXfaucet is running.
Better catch it! 🚿
Now on Goerli. Give the exchange a spin at https://t.co/O50qgt45go !
DerivaDAODDX #1660
29 Nov 2022, 20:32
Make sure you verify in the #verify-here channel prior to tomorrows call!
This call will be in Discord, to facilitate screenshare + demos. RSVP here to be reminded and to make sure you're verified ahead of time!
Make sure you verify in the #verify-here channel prior to tomorrows call.Make sure you verify in the #verify-here channel prior to tomorrows call! https://t.co/RIUTrzFcrg
This call will be in Discord, to facilitate screenshare + demos. RSVP here to be reminded and to make sure you're verified ahead of time!
https://t.co/ij5p3EieG3
DerivaDAODDX #1660
29 Nov 2022, 14:28
The DerivaDEX gov working group + community call is happening tomorrow, 10:30 AM EST.
Agenda:
- current work on DerivaDEX + testing priorities
- current work on new interface for governance + contract interactions
- other in-flight community initiatives (videos, AMAs, etc!)
The DerivaDEX gov working group + community call is happening tomorrow, 10:30 AM EST. Agenda:.The DerivaDEX gov working group + community call is happening tomorrow, 10:30 AM EST.
Agenda:
- current work on DerivaDEX + testing priorities
- current work on new interface for governance + contract interactions
- other in-flight community initiatives (videos, AMAs, etc!) https://t.co/SBo2GtknOQ
DerivaDAODDX #1660
28 Nov 2022, 20:42
Happening this Wednesday!
Happening this Wednesday.Happening this Wednesday!
https://t.co/ij5p3EieG3 https://t.co/Qu1cvPj8Zy
DerivaDAODDX #1660
28 Nov 2022, 15:33
Where does perp liquidity come from? Recent threads from @hodlKRYPTONITE , @udiWertheimer have stirred up the topic re: GMX and who absorbs slippage.
In sept, @DEXLabs1 wrote about "no-slippage" systems w/ LP providers vs traditional mm provisioning.
Where does perp liquidity come from.Where does perp liquidity come from? Recent threads from @hodlKRYPTONITE , @udiWertheimer have stirred up the topic re: GMX and who absorbs slippage.
In sept, @DEXLabs1 wrote about "no-slippage" systems w/ LP providers vs traditional mm provisioning. https://t.co/SHUi7gI5yf https://t.co/5mkoqg4Rkn
DerivaDAODDX #1660
23 Nov 2022, 14:13
Time to schedule the next community call!
(times in EST)
Time to schedule the next community call. (times in EST).Time to schedule the next community call!
(times in EST)
Shownews
10
50
100