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

The Fintech Blueprint

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Layer Twos and Liquidity

On DYDX right now, there's roughly a few million dollars worth of liquidity on either side. That means that you can come to DYDX and you can buy or sell a few million dollar worth of Bitcoin or ETH perpetual and not really move the price too much. But what if it's a $50 million position rather than just a $1,000 position? This is where it starts to get a little trickier. And one of the kind of concepts that DYDX utilizes and some other exchanges do this as well is they require higher collateralization ratios.

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