The dYdX Foundation has launched a public testnet for its latest version, v4, which puts them ahead of schedule for the impending launch of the v4 mainnet. The new version aims to achieve complete decentralization for dYdX, which is currently considered partially centralized.

The CEO of dYdX Foundation, Charles d'Haussy, believes that there is room for both centralized and decentralized exchanges to coexist and collaborate, and that centralized exchanges could serve as gateways to decentralized exchanges. He also believes that providing customers with different ways to consume crypto services is positive for the ecosystem.