Decentralized exchange dydx announced that it has updated its V4, completing the fourth of five milestones the project has. The upgrade is a part of dydx's transition from its current version on Ethereum to Cosmos.

The public testnet which launched on July 5, is supposed to make the platform more decentralized. The testnet is available for BTC and ETH markets, but is said to be expanded to more than 30 markets as the network gets upgraded.

The team has listed some core flows to test via integrations, APIs, websockets, and the web frontend. Users can now place market orders, view position PnL and account historical equity, place limit orders with advanced options, and generate private keys.

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