Why does decentralization matter?

Decentralization is a priority at dYdX, but why is it crucial for crypto trading platforms? The objective of dYdX is to establish the world's leading crypto trading platform in DEX and CEX categories. Decentralization represents a significant advancement over centralized financial platforms. In the long term, most financial transactions will occur on decentralized networks. One of the key benefits of decentralization is transparency. For the first time, users have visibility into the financial system. With Decentralized Finance (DeFi), users can trust code instead of corporations. dYdX V4 will be open source and audited by industry experts, ensuring that the platform is transparent and trustworthy. Decentralization also gives users true control of financial platforms, leading to increased fairness, community alignment, and equality of opportunity. ‍ The dYdX Foundation has set the community on this path with the launch of dYdX governance, and with dYdX V4, the platform will be fully community controlled. The future of dYdX will be in the hands of the community, ensuring that the platform is aligned with the interests of its users.

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