dYdX Chain Integrates Keplr Wallet to Enhance User Access for 1M+ Users

Zug, Switzerland, September 10th, 2024, Chainwire

dYdX is thrilled to announce that Keplr Wallet users can now seamlessly onboard onto dYdX and trade over 130 markets. The new integration between dYdX Chain and Keplr allows users to connect their wallets in as little as three clicks.

With more than 1 million users, Keplr’s multi-chain wallet provides a secure and user-friendly way to access dozens of blockchain networks. Its integration with dYdX will allow Keplr users to experience a best-in-class decentralized trading and staking experience, while retaining full custody of their assets.

Keplr users can connect to dYdX in just three clicks and start interacting with its on-chain orderbook. Users who hold USDC in their Keplr wallets will be able to deposit directly onto dYdX Chain, while users who don’t hold USDC can bridge to dYdX Chain using Cross-Chain Transfer Protocol (CCTP).

The integration of the Keplr Wallet had been highly requested by the dYdX community for some time. Its introduction will expand access to dYdX Chain ahead of the expected launch of dYdX Unlimited this fall. The largest upgrade since the network’s launch, dYdX Unlimited is expected to support a virtually unlimited number of perpetual markets, including crypto-assets and prediction markets as underlyings. It will also introduce the MegaVault, a master liquidity pool that supports liquidity provision in all dYdX Chain markets.

dYdX Foundation CEO, Charles d’Haussy, said: “We’re big fans of Keplr and the work they’ve done in making the Cosmos ecosystem more accessible to Web3 users. Their wallet combines robust security with an interface that simplifies navigating the multi-chain universe. We look forward to welcoming Keplr users to dYdX Chain where they’ll be able to trade a vast number of markets while keeping control of their own assets.”

Keplr Wallet CEO, Josh Lee, said: “While Keplr Wallet serves many blockchains, our roots lie in the Cosmos family of chains which has now been enhanced by the addition of dYdX Chain. Its decentralized order book allows traders to access the assets they like within a fast, low-fee environment and Keplr users can now directly interact with dYdX through their favorite Web3 wallet.”

About the dYdX Foundation

The dYdX Foundation's purpose is to support and grow the dYdX protocol ecosystem by enabling communities, developers, and decentralized governance.

The dYdX Chain software is open-source software to be used or implemented by any party in accordance with the applicable license. At no time should the dYdX Chain or its software be deemed to be a product or service provided or made available in any way by the dYdX Foundation. Interactions with the dYdX Chain software or any implementation thereof are permissionless and disintermediated, subject to the terms of the applicable licenses and code. Users who interact with the dYdX Chain software (or any implementations thereof) will not be interacting with the dYdX Foundation in any way whatsoever.

About Keplr

With support for more than 40 IBC chains and 8 EVM chains, Keplr is the ultimate interchain wallet. It enables users to plug into decentralized web experiences while retaining full custody of their assets. Keplr supports a variety of login options including social login, allowing users to authenticate securely and start exploring an array of blockchains and dapps. More than one million users rely on Keplr as their gateway to web3.

Learn more: https://www.keplr.app/

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This article was originally published on Chainwire

Source: Investing.com