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Here's how DeFi derivatives markets could explode, according to dYdX Foundation CEO

Here's how DeFi derivatives markets could explode, according to dYdX Foundation CEO

The BlockThe Block2023/12/13 01:51
By:The Block

Quick Take dYdX Foundation CEO Charles d’Haussy explains the decision to launch dYdX v4 as a standalone appchain and explores the future of decentralized crypto derivative products.

Here's how DeFi derivatives markets could explode, according to dYdX Foundation CEO image 0

Episode 103 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and dYdX Foundation CEO Charles d'Haussy.

Listen below, and subscribe to The Scoop on Youtube , Apple ,  Spotify ,  Google Podcasts ,  Stitcher , or wherever you listen to podcasts. Please send feedback and revision requests to [email protected] .

Charles d'Haussy is the CEO of the dYdX Foundation.

In this episode, d'Haussy discusses the launch of dYdX v4, and the potential tailwinds that could help decentralized derivative products gain market share in the years ahead.

According to d'Haussy, the decision to launch dYdX v4 as a standalone appchain in the Cosmos ecosystem was made to optimize the experience of dYdX users.

"If you need to upgrade to a new [tech] stack, you should be agnostic, and just think of the users, the experience, and the potential of the markets you've been working on."

OUTLINE:
00:00 - Introduction
03:04 - dYdX v4 Cosmos Chain
06:31 - Onchain Perpetual Swaps
12:00 - dYdX Trading Experience
17:21 - DeFi Adoption Rate
20:18 - Regulatory Head/Tailwinds
22:47 - Institutional Interest in DeFi
26:58 - Closing Thoughts


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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