3min chapter

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dYdX - Largest derivatives DEX in DeFi picks Cosmos over ETH scaling solution for scaling?

Interchain.FM

CHAPTER

DY DX: The Biggest Exchange in Cryptocurrency

DY DX is the biggest exchange even compared to unit law. And I think that's largely because perpetuals and derivatives are just such a larger portion of total trading volume than spot assets are. With synthetic assets, you just get a lot more exposure. We're still at the cusp of mass adoption for like crypto derivatives and DeFi in general.

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