DeFi

The dYdX Boom | Antonio Juliano (10/6)

The Layer 2 Exchange Doing More Volume Than Coinbase
Oct 6, 202101:18:35
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Inside the episode

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In September 2021, dYdX did more trade volume than Coinbase for the first time. The growth in the scaled trading protocol has been astounding, and this has been no coincidence. dYdX has pioneered Layer 2 solutions along with Starkware's ZK Rollup, and the result has been an explosion of perpetual swaps and deep liquidity pools on dYdX's native rollup.

Antonio Juliano returns to Bankless to discuss the parabolic growth of dYdX, the plans for its governance & utility token, and the future of decentralized derivatives.

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