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

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

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

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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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 the Editor At Large at The Block. 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. He runs his own podcast The Scoop and writes a biweekly eponymous newsletter.
He leads special projects, including The Block’s flagship podcast, The Scoop. Prior to The Block, he held roles at Business Insider, NPR, and Nasdaq. For inquiries or tips, email [email protected].