0/ This chart tracks the trading volume of dYdX.
1/ As you can clearly see, dYdX was not just the first Perp DEX—it was a legend.
2/ During a time when regulatory uncertainty in crypto was at its peak, everyone flocked to dYdX with their $USDC.
3/ And from that point on, dYdX remained the undisputed king of Perp DEXs.
4/ But slowly, new Perp DEXs began to emerge—challenging the throne. Eventually, $HYPE hit a $45 ATH and reminded us all who currently sits on that throne.
5/ As a longtime supporter, user, and friend of dYdX, I have a sincere question.
6/ What caused dYdX to lose its place as the top Perp DEX?
7/ To move forward, we must explore and analyze this question thoroughly.
8/ I want to hear not only from the community—but also from the team. @charlesdhaussy @grundydx @antoniodydx @dgogel @AntonioMJuliano
9/ If you have thoughts or perspectives, let’s open the floor and have an honest discussion.
Dear. @dYdX
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