Do IDX Needs to Offer Reliable and Deep Liquidity

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Deydx is not an automated marketmaker It's an order book based exchange and that's pretty intentional because we feel it gives us the best ability To create really liquid and deep markets. The trade-off the protocol is making here is that you require kind of more professional liquidity providers Basically crypto hedge funds to step in and provide a lot of this liquidity. I think there's a lot still to be done on the UI ux side Um, again, I like to thank deydx is really at the forefront of this.

In this week's episode of 0xResearch, Antonio Juliano (the founder of dYdX) joins us to discuss dYdX's roadmap and upcoming AppChain. The fallout from FTX has shifted the spotlight to decentralized DEXs, and dYdX is in a perfect position to be the go-to DEX for perpetual trading. Antonio explains why dYdX is building an AppChain, what features to expect, how dYdX approaches MEV, new asset on-ramps and more. Antonio is a DeFi legend, you don't want to miss this one!

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Timestamps:

(00:00) Introduction

(00:53) Hot Seat/Cool Throne

(23:08) Flipside Insights

(26:23) Chainalysis Ad

(27:09) FTX's Ripple Effects Across CeFi & DeFi

(34:36) Chainalysis Ad

(35:18) FTX's Ripple Effects Across CeFi & DeFi

(40:08) Brand As A Moat

(44:46) How dYdX Can Outmatch CeFi

(51:32) Expected FTX Regulatory Fallout

(56:34) Risk Mgmt & dYdX’s Safety Module

(01:03:37) SubDAOs & Governance

(01:06:28) dYdX AppChain Update

(01:15:33) How dYdX Will Approach MEV

(01:18:50) On & Off Ramps To dYdX

(01:25:19) Returning Fees To Stakers & The Future Of dYdX

(01:30:36) Post-Interview Recap

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Resources:

Jason's "3 stages of a bear market" tweet thread

https://twitter.com/jasonyanowitz/status/1536365738906202112

dYdX website

https://dydx.exchange/

USDC's cross-chain protocol announcement

http://bit.ly/3VxF57x

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.