DYDX - What's It All About?

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DYDX is a hybrid exchange, which kind of means we have some centralized components to the exchange and then some decentralized components. We run our order book and our order matching system in a central way to run it on servers like the normal centralized exchange. But importantly, we run on smart contracts on the Ethereum blockchain. And this is where you get all of the non-custodial trading, all of the really big improvements in transparency that come with a decentralized exchange.

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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