The dYdX Boom | Antonio Juliano (10/6)
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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.
State of the Nation is livestreamed on Tuesdays at 11am PT / 2pm ET.
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8:30 Antonio Juliano of dYdX
11:06 dYdX vs. Coinbase
15:50 Who's Trading?
19:09 Behind the Success
24:31 Layer 2 & TVL
32:40 Order Book
38:45 The Largest Exchange
42:03 Competing with FTX
52:58 The DeFi Spectrum
57:20 Pioneering Scale & Layer 2
1:04:48 Ethereum Layer 1
1:12:41 Successful dYdX
1:16:10 Closing & Disclaimers
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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