DYDX - Why Not Another Layer One Blockchain Right Now?

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Starkware's current system is an especially good fit for exchanges that are operating on this hybrid model, which both us and diversify currently do. The amount of gas that the DYDX transaction uses compared to a Uniswap transaction or so on layer one is roughly like five times higher or so. So we didn't think the time was right to move to a different layer one quite yet.

This week, Anna and James chat with Antonio Juliano, founder of dYdX, a derivatives exchange on Ethereum that recently transitioned to a StarkEx-powered L2 infrastructure.

Antonio brings a product-centric perspective to using scalability tech. He explains the choice of going for StarkWare’s products and how it compares to other layer ones or rollups. The conversation delves into questions like dYdX’s position in the decentralization spectrum, how that is going to change in the future, and what the L2 solution enables on the product side.

Here are some links for this episode:

StarkWare’s docs on the StarkEx technology adopted by dYdX
dYdX’s FAQ on major features and decisions in the platform.
Validium with DeversiFi & Starkware Zero Knowledge episode 138
Loopring with Matt & Brecht, Zero Knowledge episode 161
Unwrapping Optimism with Ben and Mark, Zero Knowledge episode 177.

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