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dYdX
Decentralized exchange for cryptocurrency derivatives
- 21-100 employees
- Fintech
- B2C
- B2B
- Cryptocurrency
- Investing
- Blockchain
- Civic Center, New York, NY
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Company mission
To democratize access to financial opportunity.
31% employee growth in 12 months
Our take
dYdX offers a decentralized cryptocurrency exchange platform, initially built on Ethereum but has since transitioned to its own blockchain. Launched in 2017 by former Coinbase and Uber engineer Antonio Juliano, dYdX handles nearly $1B in daily trading volume and continues to grow rapidly.
In its move to become fully decentralized, dYdX launched its own blockchain using Cosmos and Tendermint's proof-of-stake consensus. This shift, which includes exiting the Canadian market, underscores dYdX's commitment to innovation and independence from Ethereum.
Recent updates, like the MegaVault feature for liquidity and permissionless market listings, have enhanced user engagement and boosted investor confidence. These innovations, alongside its, move to a fully decentralized model, are driving the platform's success and positive market momentum.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Food: enjoy fully catered lunch and snacks every day each week
- Wellness: monthly fitness, wellness and gym reimbursements
- Ownership: meaningful equity and competitive compensation
- Health: we offer top-tier health, dental and vision insurance
- Vacation: take as much time off as you need to be productive
- Relaxation: events, off-sites and board game nights with the team!
Funding (last 2 of 4 rounds)
Jun 2021
$65m
SERIES C
Jan 2021
$10m
SERIES B
Total funding: $95m
This company has top investors
Leadership
Antonio Juliano
(Founder & President)Studied Computer Science at Princeton, and then worked as a Software Engineer at companies such as Coinbase and Uber. Founded both search engines Weipoint and dYdX in 2017.
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