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CryptoCRYPTOVERSE

dYdX: Building the Future of DEX Margin Trading

Featuring Antonio Juliano and Ash Bennington

May 18, 2021 • 56 minutes

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Crypto

CRYPTOVERSE

dYdX: Building the Future of DEX Margin Trading

Ash Bennington hosts Antonio Juliano to discuss dYdX, decentralized exchanges (DEXs), regulations, risk management, and the future of the space.

Featuring Antonio Juliano and Ash Bennington

May 18, 2021 • 56 minutes

Ash Bennington, senior crypto editor for Real Vision, hosts Antonio Juliano, founder of dYdX, to discuss dYdX, decentralized exchanges (DEXs), regulations, risk management, and the future of the space. After becoming interested in the idea of blockchain as a whole computing paradigm via Ethereum rather than as a system for payments, investment, or store of value like the Bitcoin model, Juliano became invested in building a search engine for decentralized apps. With limited success, he became drawn to the advent of DEXs. To him, this idea seemed like the natural progression of decentralized finance, and Juliano surmised that the next level to the decentralized stack would be more advanced financial products including margin trading and derivatives, prompting the creation of dYdX. Filmed May 13th, 2021. Key Learnings: Most crypto exchanges have centralized operations—this creates opportunities for assets to being hackable, leading to hundreds of millions of dollars being stolen over the years. DEXs prevent this by allowing the user to retain custody and pull funds immediately if necessary. With dYdX, the DEX also solves for transparency which allows for the rules, past performance, and volatility of the exchange to be encoded into smart contracts, allowing for the system to "bootstrap trust". Juliano believes that with these systems, which are global in nature, can bypass traditional jurisdictions and will allow for users to easily and effectively trade at more advanced levels typically reserved for private banks and hedges. Show More

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

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