The price of DEGEN has crashed 22% since May 12 amid the downtime.

Customizable application-specific networks enable Web3 developers to optimize performance without sacrificing security.

With V4 planned on Cosmos, experts around the industry are mulling over what dYdX’s move means for the broader crypto industry.

Derivatives Exchange dYdX Plans To Move Away From Ethereum And Develop Its Own Cosmos-based Blockchain For Its V4 Iteration.