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Here's how DeFi derivatives markets could explode, according to dYdX Foundation CEO

The Scoop

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Upgrade to dydx Exchange Platform and the Future of Decentralized Derivatives

This chapter discusses the new upgrade of dydx, an exchange platform, which brings decentralization to the platform with enhanced trading experience and more order types. It explores the growth and potential of decentralized finance (DeFi) trading and the challenges faced by traders in adopting it. The chapter also highlights the conversations around derivatives in various jurisdictions, the involvement of larger market players in DeFi, and the importance of liquidity and regulation in the market.

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