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Why dYdX is Back in the Spotlight | Antonio Juliano

0xResearch

The Impact of FTX's Collapse on Ethereum and Stablecoins

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  • $6 billion of Ethereum and stablecoins left exchanges over that period.
  • This money is flowing to selfhosted wallets.
  • FTX was falling apart and there was a demand for an alternative, transparent, and trustless system.
  • Maybe this is the shift the market needed.

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