Why DYDX Matters: Tokens, Margin Trading, and Who Really Runs the Protocol
Whoa! This space moves fast. Seriously? Okay — so here’s the thing. I trade perps for a living and I’ve been watching DYDX evolve from an orderbook experiment into a full-on governance playground. My instinct said this would stay niche, but then the on-chain governance and move toward a sovereign chain changed the game. Initially…