dYdX founder returns to CEO position, says he will "completely restart" project operations
dYdX founder Antonio Juliano announced his return as CEO after a five-month resignation. In a conversation with Empire co-host Jason Yanowitz, he stated, "After some time of thinking, I'm very clear on what we need to do. I basically need to completely reboot everything and operate the company as a founder again." According to DeFiLlama data, in October of last year, the trading volume of DEX perpetual contracts was $33 billion, of which dYdX accounted for 80% of the market share. However, in September of this year, the total trading volume of DEX perpetual contracts increased to $135 billion, but dYdX's trading volume on the Ethereum and Cosmos application chains accounted for less than 7%.
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.
You may also like
Matrixport Completes Acquisition of CFAM: Expanding Reach in European Crypto Asset Management
Aventus Network Confirms Launch of Aventus 2.0, Key to Driving Enterprise Use Cases to Polkadot
Match Systems Publishes Research Report on Rising Scam Activities in the TON Ecosystem