Token Talks Interviews With The Best Projects In Crypto

Antonio Juliano, founder and CEO of dYdX, wants to add another layer to the decentralized financial stack, and dYdX is doing this by building a protocol that lets you go short or get leverage on any cryptocurrency. Listen to learn how dYdX makes decentralized financial derivatives and margin trading possible, and what the future may hold for the crypto counterpart of the most massive market in the world. ##The Decentralized Financial Stack Derivatives are far and away the largest market in the world, usually at about 10x the spot market. With cryptocurrency, the spot market is somewhere in the billions. You would expect the derivatives market to be somewhere in the tens of billions, but it’s not, which makes it a potentially massive and unrealized market. And that’s something Antonio and the dYdX team are really excited to tackle. ##A Margin Trading Protocol dYdX is a protocol for decentralized financial derivatives and margin trading. The first thing they’re building is a margin trading protocol that lets yo