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AMA#2 - Antonio Juliano, Founder of dYdX

Bankless

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Navigating the DeFi Landscape: Margin and Perpetual Trading

This chapter explores the evolution of cryptocurrency from Bitcoin to Ethereum, focusing on the emergence of decentralized finance (DeFi) products such as margin trading and perpetual contracts. It emphasizes the mechanics of leveraging assets on platforms like dYdX, highlighting the benefits and risks of margin trading while detailing how perpetual contracts operate within the crypto market. The discussion provides insight into the complexities of these financial instruments and how they integrate various trading strategies, offering both opportunities and hazards for investors.

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