DTX Mainnet Beta Upgrade Mar-15-2024

DTX
2 min readMar 14, 2024

Gm tradoors!

The DTX Mainnet Beta is scheduled for a major upgrade on March 16th, from 6:00 to 7:00 UTC.

This upgrade focuses on our liquidity pool. We’ll be dividing it into four granular tiers based on risk assessments. This will strengthen Vault security, better protect liquidity providers (LPs), and further enhance the overall resilience of DTX.

The upgrade will include the following improvements:

Risk-rated Alpha Vaults

Tailored Risk-Reward

  • DTX is evolving its platform by introducing multiple liquidity pools, each tailored to support specific crypto market trading. This expansion offers users a diverse range of investment options with distinct risk-reward profiles.

On-Chain PnL Calculation

Transparency & security

  • DTX has upgraded its functionality to perform Profit and Loss calculations directly on the blockchain, ensuring transparency and immutability of the PnL data.

Note

To ensure a smooth update, we kindly advise all users to take the following actions before 5:00 UTC:

1-Close any open positions in your current accounts before 5:00 UTC on March 16th.

2-Open positions on the DTX platform are occupying the LP pool. Therefore, the Redeem LP function will be temporarily disabled until all users close their open positions.

3-We will setup a dedicated site where liquidity providers can retrieve the funds deposited into the LP Pool once all open positions have been closed.

We will continue to listen to community feedback and optimize DTX as a reliable, secure, and decentralized perpetual trading platform.

⚠️Please refrain from attempting to redeem LP funds until we notify you that it is possible to do so. Attempting to redeem LP funds prematurely may result in a failed redemption.

Join the Community

Ready to dive into the world of decentralized perpetual trading? Join the vibrant DTX community today! Engage with like-minded traders, gain valuable insights, and unlock exciting opportunities.

Join our Discord for dynamic discussions, knowledge sharing, and real-time support. Follow us on Twitter for the latest updates, market analysis, and trading tips.

Together, let’s shape the future of decentralized trading and redefine the crypto landscape.

Join the DTX community now and embark on a journey of innovation, growth, and success!

Website | Twitter | Discord | Telegram | Medium

contact: contact@dtx.trade

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