The press service of the trading platform Binance is pleased to announce the listing of a new cryptocurrency - the Dymension token (DYM). Starting from February 6, 2024, users will be able to trade in DYM/BTC, DYM/USDT, DYM/FDUSD, and DYM/TRY trading pairs on our platform.

Dymension is an innovative network built on scalable and fast modular blockchains known as RollApps. The developers of this technology claim that Dymension will transform the way resources are used by introducing a multi-layered protocol with reliable tools for creating and deploying consolidated data packages for applications.

The creators of the protocol describe Dymension as a hub or factory for RollApp applications. This product includes the RollApp Development Kit (RDK), which is a set of universal modules for common functions such as creating accounts and managing tokens.

One of the key elements of Dymension is the Dymension Hub, a calculation level specially designed to optimize data processing. This allows the creation of a hub for seamless compatibility between RollApp applications, providing an optimized service for data consolidation.

The Dymension protocol also interacts with the Inter-Blockchain Communication (IBC) protocol, ensuring secure message transmission between applications and includes a dispute resolution mechanism that emulates the RollApp execution environment in the Dymension Hub. This ensures deterministic output and supports multiple environments.

In addition, Dymension allows the integration of its automated market-maker (AMM) into the Dymension Hub, promoting overall liquidity and ensuring a high level of security for RollApp.