{"id":17672,"date":"2024-04-09T22:15:16","date_gmt":"2024-04-09T22:15:16","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=17672"},"modified":"2024-04-09T20:59:53","modified_gmt":"2024-04-09T20:59:53","slug":"dydx-price-drops-after-nine-and-a-half-hour-outage","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/dydx-price-drops-after-nine-and-a-half-hour-outage\/","title":{"rendered":"dYdX Price Drops After Nine and a Half Hour Outage"},"content":{"rendered":"

dYdX Chain, a decentralized crypto exchange platform designed for dYdX, experienced an outage for over nine hours earlier this week.<\/p>\n

dYdX Chain paused block production on Tuesday due to a software bug encountered during an update for v4. During this time, trading on the dYdX exchange continued as normal.<\/p>\n

The issue was found to be caused by an incorrect version of the Cosmos<\/a> IAVL library used by dYdX’s software.<\/p>\n

The technical issue on the blockchain did not initially have a negative impact on the dYdX price, and the coin price continued to rise. However, according to TradingView data, dYdX later fell, losing more than 3% of its value daily.<\/p>\n

According to the status page, dYdX Chain is still experiencing performance issues due to some nodes crashing.<\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n

\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

dYdX Chain, a decentralized crypto exchange platform designed for dYdX, experienced an outage for over nine hours earlier this week. dYdX Chain paused block production on Tuesday due to a software bug encountered during an update for v4. During this time, trading on the dYdX exchange continued as normal. The issue was found to be<\/p>\n","protected":false},"author":1,"featured_media":10749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[351,393,1029,4033],"class_list":["post-17672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-cosmos","tag-crypto","tag-dydx","tag-dydx-chain"],"yoast_head":"\ndYdX Price Drops After Nine and a Half Hour Outage - Coin Engineer<\/title>\n<meta name=\"description\" content=\"dYdX Chain, a decentralized crypto exchange platform designed for dYdX, experienced an outage for over nine hours earlier this week.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/dydx-price-drops-after-nine-and-a-half-hour-outage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"dYdX Price Drops After Nine and a Half Hour Outage - 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