According to dYdX Foundation, the organization will attend Coinfest Asia 2025 in Bali, Indonesia on August 21–22, with DegenWitch representing the Foundation and sharing insights on DeFi, onchain derivatives, and community growth in Asia; traders can mark this window for real-time updates from the Foundation’s official channels. Source: dYdX Foundation on X, Aug 19, 2025. For trading preparation, the explicitly stated topics—onchain derivatives and DeFi—indicate relevance for derivatives-focused participants, making it sensible to monitor any session recaps or materials the Foundation publishes during or shortly after the event. Source: dYdX Foundation on X, Aug 19, 2025. The precise timing and location provide a clear calendar cue for tracking official communications that may inform market narratives around decentralized derivatives activity. Source: dYdX Foundation on X, Aug 19, 2025.

According to Polynomial (@PolynomialFi) on Twitter, the onchain era of derivatives is accelerating with key players like Deribit and Coinbase expanding their offerings. Polynomial is actively developing a new blockchain specifically designed for next-generation onchain derivative trading, which could increase transparency and efficiency for crypto traders. This development signals a significant shift in the crypto derivatives market, as increased onchain activity is likely to attract more institutional and retail participation and improve liquidity. Source: Polynomial (@PolynomialFi), May 8, 2025.