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dTrade is a decentralized exchange for derivative products built on Edgeware, a Polkadot Smart Contract Chain. The exchange is designed to function as a public utility, owned and controlled by the community of token holders. Modular, extensible smart contracts enable continuous upgrades and additions to the protocol. These contracts are open source, developer friendly, and built to leverage the performance and security of Substrate.
The Firefly Foundation has decided against deploying dTrade on Kusama and to direct the entire focus towards building Firefly. The rationale for this decision comes from a blend of feedback and cost-benefit analysis. Following discussions with liquidity providers and market makers, it became clear that markets on dTrade wouldn't be liquid enough to provide enough long-term value. The LPs and market makers are going to focus on delivering a strong user experience for traders on Firefly.