Decentralized derivatives exchange dYdX recently announced that it plans to launch a new version called UnLimited on its blockchain platform this autumn to further advance its innovative steps in the blockchain domain. The UnLimited upgrade will focus on four core functionalities: 1. **Unrestricted Market Launch**: The UnLimited upgrade will enable users to directly launch new derivative contracts on the platform without going through a cumbersome approval process, significantly increasing the speed and diversity of innovation in the market. 2. **MegaVault mechanism**: As an integral part of the dYdX Chain, MegaVault will be responsible for acquiring liquidity from the dYdX user base and acting as the market maker for all dYdX Chain markets, effectively enhancing market depth and liquidity. 3. **Invitation Program Affiliates Program**: This innovative invitation mechanism encourages existing users to invite new traders to join the platform, promoting user growth and platform activity through a sharing economy model. 4. **Permission keys**: For institutional and high-value traders, dYdX will provide exclusive permission key services, offering them a more secure, customizable trading environment that meets the needs of users at different levels. The UnLimited upgrade of dYdX Chain not only marks a significant innovation in the decentralized derivatives field but also brings users a more open, secure, and personalized trading experience, signaling the beginning of a new chapter in blockchain finance.