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Building a decentralized exchange and appchain for perpetual contracts, with dYdX CEO Antonio Juliano

The Fintech Blueprint

CHAPTER

How to Trade With Leverage

There's no limits in terms of how small or how big it can get actually. It's just a function of liquidity, which is why I was talking about that a lot before. So long as there are people willing to sell it to you for some price, right? That's where the market makers come in and where the liquidity comes in. DYDX has something on the order of 200 or 300 million dollars of open interest. If an account goes down to the point where it's close to zero value, meaning that the collateral has been almost entirely used up,. then that account will be liquidated.

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