Dymension (DYM) perpetual market

Dymension is a blockchain network built to host application-specific rollups, which it calls RollApps, launched in early 2024. It is constructed with the Cosmos SDK and provides a settlement layer that connects and secures many lightweight rollups, letting developers deploy their own dedicated chains without building consensus and infrastructure from scratch. Dymension separates the roles of execution, settlement and data availability, drawing on external data availability layers to keep costs low while its hub coordinates liquidity and interoperability among the RollApps. This modular design aims to make launching a purpose-built chain closer to deploying a smart contract. The DYM token is used to pay fees, secure the network through staking and participate in governance. Dymension is part of the broader movement toward modular blockchain architectures and app-specific rollups in the Cosmos ecosystem.