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	Podcast:		Interchain.FM
	Episode:		dYdX - Largest derivatives DEX in DeFi picks Cosmos over ETH scaling solution for scaling?
	Category:		Technology
	Duration:		00:38:53
	Publish Date:		2023-06-19 13:00:00
	Description:		✨About dYdX ✨ dYdX is a perpetuals DEX that started on an ETH L2, Starkware, that has since made the strategic decision to migrate their DEX to becoming fully onchain. Because Cosmos allows dYdX to customize the product experience for their users while achieving the scalability needed for the volume their users demand, they picked Cosmos as the clear winning stack. dYdX is the largest derivatives exchange in DeFi in terms of volume, having over $300M DAV, which merits the need to move onto its own sovereign appchain. Guest: Nathan Cha, dYdX marketing lead
	Total Play:		0