James Bachini

DyDx

  • The Rise Of DyDx And Decentralized Trading

    The Rise Of DyDx And Decentralized Trading

    In May 2016 Bitmex launched the XBTUSD market, a perpetual futures contract which simplified traders ability to bet on the price of Bitcoin going up or down. Today perps are traded on the major exchanges at higher volumes than the underlying spot assets. DyDx took this concept and packaged it in to a decentralized trading…