DeFi

DeFi giant dYdX claims its v3 platform is compromised – despite it reportedly being up for sale

Published

6 months ago

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Decentralized cryptocurrency exchange giant dYdX said Tuesday that one of its on-chain trading services has been “compromised” and warned users against visiting it. dydx.exchange until further notice.

Specifically, the website for dYdX v3, an older version of its trading platform that averages about $1.5 billion in weekly derivatives trading volume, “was compromised,” according to a tweet.

The issue was announced moments after Bloomberg reported that dYdX v3 was up for sale, with interested buyers including major market maker Wintermute.

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