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

The Fintech Blueprint

CHAPTER

DYDX's Layer Two Protocol Conversation

DYDX is built on layer twos, which are more scalable blockchains that are built on top of another blockchain. Before DYDX was just a smart contract on regular oldlayer one Ethereum and you might have to pay a few cents to make a trade. Now we've gone back to the world where in terms of transaction fees, it's on the order of cents or sometimes even fractions of a sense to make a single trade. And that's obviously much more performance and this helps for a lot of trading volume.

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