World Premiere💥
📢 New Listing@dymension $DYM Gets Listed on #KuCoin!
💎Pair: DYM/USDT
💎Deposit: February 6, 2024 (network: mainnet)
💎Trading: February 6, 2024Feb 05, 2024
Overview
KuCoin, a renowned centralized cryptocurrency exchange, has extended its support to Dymension (DYM), a rapidly evolving modular blockchain designed to secure and interconnect rollups.
In an official announcement, KuCoin revealed its decision to enlist Dymension’s token, DYM, among the tradable assets on its platform.
Key Points:
- KuCoin supports Dymension (DYM), a modular blockchain for rollups.
- DYM can be deposited on KuCoin now, with trading commencing on February 6.
- Dymension leverages the IBC protocol to link rollups, facilitating interoperability.
- KuCoin has previously listed Manta Network, another modular blockchain for zero-knowledge applications.
Dymension: Interconnecting Rollups
Dymension, at its core, is a layer one blockchain engineered to safeguard and facilitate the interoperability of rollups through the standardized Inter-Blockchain Communication (IBC) protocol.
IBC serves as the common language for rollups, akin to how ERC established a unified standard for tokens.
KuCoin’s Commitment to Innovation
Prior to Dymension, KuCoin had acknowledged the potential of Manta Network, a modular blockchain specializing in zero-knowledge applications.
Manta Network has garnered significant support from reputable Web3 investment funds, including Binance Labs and Polychain Capital.
Credit: MigBase.com