Please login or sign up to post and edit reviews.
Antonio Juliano: dYdX – Decentralized Perpetual Exchanges
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Technology
Publication Date |
Jan 20, 2023
Episode Duration |
01:12:55

2022 has proven time after time that centralised entities are prone to multiple points of failure, intentional or not. Decentralised finance (DeFi) addresses these, but the user experience has often been lacklustre compared to that from centralised finance (CeFi). Exchanges are the backbone of any market, but high throughput is required in order to ensure that both makers and takers can proficiently use them. Decentralised exchanges have long faced issues due to bandwidth constraints native to blockchains, but recent L2 scaling solutions have provided a considerable increase in terms of throughput. For example, dYdX is currently the largest consumer of STARKs, but growing institutional and retail interest in derivative financial products urges for an even better alternative.

We were joined by Antonio Juliano, founder & CEO of dYdX perpetual exchange, to discuss about the upcoming transition to dYdX V4 and what challenges decentralised exchanges have to face amidst technological bottlenecks and upcoming regulations.

Topics covered in this episode:

  • Antonio’s background & timing products
  • dYdX product overview
  • Price feed oracles
  • dYdX user demographics & UX
  • Development timeframes & taking risks
  • Order book vs. AMM
  • Building a sovereign blockchain on Cosmos
  • The challenges of decentralising order books
  • IBC integrations and composability
  • Current state of scaling solutions
  • Migrating from dYdX V3 to V4 & token utility
  • DeFi vs. CeFi
  • DeFi education & regulatory outreach

Episode links:

This episode is hosted by Brian Fabian Crain & Felix Lutsch. Show notes and listening options: epicenter.tv/479

We were joined by Antonio Juliano, CEO of dYdX, to discuss about the need for decentralized exchanges and what challenges they have to face, from a technological as well as regulatory standpoint.

2022 has proven time after time that centralised entities are prone to multiple points of failure, intentional or not. Decentralised finance (DeFi) addresses these, but the user experience has often been lacklustre compared to that from centralised finance (CeFi). Exchanges are the backbone of any market, but high throughput is required in order to ensure that both makers and takers can proficiently use them. Decentralised exchanges have long faced issues due to bandwidth constraints native to blockchains, but recent L2 scaling solutions have provided a considerable increase in terms of throughput. For example, dYdX is currently the largest consumer of STARKs, but growing institutional and retail interest in derivative financial products urges for an even better alternative.

We were joined by Antonio Juliano, founder & CEO of dYdX perpetual exchange, to discuss about the upcoming transition to dYdX V4 and what challenges decentralised exchanges have to face amidst technological bottlenecks and upcoming regulations.

Topics covered in this episode:

  • Antonio’s background & timing products
  • dYdX product overview
  • Price feed oracles
  • dYdX user demographics & UX
  • Development timeframes & taking risks
  • Order book vs. AMM
  • Building a sovereign blockchain on Cosmos
  • The challenges of decentralising order books
  • IBC integrations and composability
  • Current state of scaling solutions
  • Migrating from dYdX V3 to V4 & token utility
  • DeFi vs. CeFi
  • DeFi education & regulatory outreach

Episode links:

This episode is hosted by Brian Fabian Crain & Felix Lutsch. Show notes and listening options: epicenter.tv/479

This episode currently has no reviews.

Submit Review
This episode could use a review!

This episode could use a review! Have anything to say about it? Share your thoughts using the button below.

Submit Review