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

DeFi • December 12, 2023, 8:46PM EST
Published 2 minutes earlier on
The Block

Quick Take

  • dYdX Foundation CEO Charles d’Haussy explains the decision to launch dYdX v4 as a standalone appchain and explores the future of decentralized crypto derivative products.

Episode 103 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and dYdX Foundation CEO Charles d'Haussy.

Listen below, and subscribe to The Scoop on Youtube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].

Charles d'Haussy is the CEO of the dYdX Foundation.

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In this episode, d'Haussy discusses the launch of dYdX v4, and the potential tailwinds that could help decentralized derivative products gain market share in the years ahead.

According to d'Haussy, the decision to launch dYdX v4 as a standalone appchain in the Cosmos ecosystem was made to optimize the experience of dYdX users.

"If you need to upgrade to a new [tech] stack, you should be agnostic, and just think of the users, the experience, and the potential of the markets you've been working on."

OUTLINE:
00:00 - Introduction
03:04 - dYdX v4 Cosmos Chain
06:31 - Onchain Perpetual Swaps
12:00 - dYdX Trading Experience
17:21 - DeFi Adoption Rate
20:18 - Regulatory Head/Tailwinds
22:47 - Institutional Interest in DeFi
26:58 - Closing Thoughts


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© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Authors

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.
Frank Chaparro is Host of The Scoop podcast and Director of Special Projects. He also writes a biweekly newsletter. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. For inquiries or tips, email [email protected].

Editor

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