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Lattice Research Cayman, Inc.
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New Market Listing Assignment
This grant will fund the proactive testing and launching of new markets on the dYdX Chain, promoting protocol growth and trading activity with timely market listings. As of today, any market supported by the Market Mapper can be listed permissionless by the community. However, this process does require committing 10,000 USDC to the MegaVault with a 30 day lockup period. This requirement guarantees that liquidity will be available on the new market, while also minimizing the likelihood of spam listings. We suspect that this deposit requirement may be reducing the velocity with which new markets can be listed on the protocol.
Lattice Research Cayman, Inc.