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dYdX Sees Convergence of CeFi and DeFi and Plans to Launch ‘dYdX Unlimited’ Cryptonews 31 Oct 2024

dYdX Sees Convergence of CeFi and DeFi and Plans to Launch ‘dYdX Unlimited’ 🔄

dYdX Charles d'Haussy DeFi Cryptonews CeFi

Charles d'Haussy, CEO of dYdX Foundation, discussed the growing convergence between centralized exchanges (CEXs) and decentralized exchanges (DEXs). He highlighted the statistic that only 5% of perpetuals are currently being traded on-chain, a figure that signals significant room for growth and integration in the DeFi space.

In tandem with these observations, d'Haussy revealed plans for launching 'dYdX Unlimited', a new initiative intended to expand the accessibility and functionality of trading experiences. This development reflects a broader industry trend towards integrating features of closed and open systems within trading platforms.

Source: cryptonews.com ↗

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