EP-13 Explore the Future of Permissionless Markets with dYdX
Description
In this episode, we sit down with James, the Head of Business Development at the dYdX Foundation, to delve into the innovative world of decentralized finance (DeFi) and the groundbreaking work being done at dYdX. James shares insights on the evolution of dYdX, from its early days to its current status as a leading decentralized derivatives exchange. We discuss the benefits of decentralization, the competitive landscape of on-chain derivatives markets, and the unique features that set dYdX apart from centralized exchanges.
Shownotes:
00:00 Opening
00:09 The Inspiration Behind Building dYdX and Interesting Fundraising Stories
04:34 What is the On-Chain Derivatives Market and What are dYdX's Competitive Advantages?
10:57 How Does dYdX Stand Out Compared to Other On-Chain Derivatives Markets?
16:35 What Criteria Do You Consider When Listing New Tokens?
20:14 What is a Permissionless Derivatives Market and Why is it Necessary?
41:30 Does dYdX Have Any Preferences Regarding User Demographics?
43:17 What is the Next Milestone on dYdX's Roadmap?