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dYdX Trading Founder Antonio Juliano Returns as CEO

dYdX Trading Founder Antonio Juliano Returns as CEO

Antonio Juliano has officially returned as the CEO of dYdX Trading, the developer behind the decentralized derivatives exchange dYdX, after a six-month break. Initially stepping down on May 13, Juliano took time to reflect on his motivations and the impact he has as a founder.

Shifting Motivations

In a recent post, Juliano shared that his motivations have evolved over time. While external achievements drove him for years, he now values the connections formed with his colleagues. He likened his influence as a founder to that of a company's "biological parent," emphasizing the responsibility he feels for the company's trajectory.

Ready for the Challenge

"I finally feel ready to fully accept my role in what I created, and so, today I am back as CEO," Juliano stated. He expressed confidence in returning with the passion he had in the first five years, combined with the wisdom gained in the last two.

dYdX's Market Standing

As of now, dYdX is the fifth largest decentralized derivatives exchange by total value locked, holding $306.6 million according to DeFiLlama. The platform's token, DYDX, was trading at $0.91 with a 4.44% increase in the last 24 hours.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor in The Block. The Block continues to operate independently to provide objective information about the crypto industry.