The Rise Of DyDx | $1B+ DEX Demo & Exploration Of DyDx Tokenomics

James Bachini

More information: https://jamesbachini.com/dydx/

1.2 Billion dollars of exposure to digital assets was traded on DyDx yesterday. The decentralized perpetual futures trading platform has grown to become the market leader in it’s niche. But are trading volumes really an indication that it might be ready to take on Binance and FTX? Is the user experience really that competitive given the restrictions of decentralization? This is what I aim to find out when exploring the rise of DyDx.

00:00 DyDx Introduction
00:31 Trading Volumes
02:35 Starkware Layer 2
04:34 DyDx Demo Testnet
09:11 DyDx Tokenomics
10:30 Future Of Trading On L2

For more content about crypto markets, blockchain development and DeFi visit my blog at https://jamesbachini.com/

Most of the code I write and talk about is open-sourced at: https://github.com/jamesbachini

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The content I create is to document my journey and for entertainment purposes. It is not under any circumstances investment advice. I am not an investment or trading professional and am learning myself while still making plenty of mistakes along the way. Any code published is experimental and not production ready to be used for financial transactions. DYOR and do not play with funds you do not want to lose.

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