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· Antonio Juliano retakes the dYdX Trading CEO job, then lays off 35% of the core team

Antonio Juliano Retakes dYdX Trading and Lays Off 35 Percent

Antonio Juliano resumed the CEO role at dYdX Trading on Oct. 10, 2024 and cut 35 percent of the core team on Oct. 29. Open interest on the dYdX chain tripled in 58 days, then fell 75.1 percent below its level on the day he returned.

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Rows of wooden desks and mesh chairs, every chair empty, in a bright open-plan office
Rows of wooden desks and mesh chairs, every chair empty, in a bright open-plan office. Photo · Pexels

Antonio Juliano took the CEO job at dYdX Trading back on October 10, 2024, and laid off 35 percent of the core team 19 days later. The CryptoLately.com Desk covered the 150 days that led to the return in an earlier piece . This one reads the 12 months that followed the return and the year after them. The question is whether the founder's comeback reversed the decline in dYdX's trading activity. Open interest on the dYdX chain rose from $156.2 million on October 10, 2024 to $519.0 million on December 7, then fell to $38.9 million on October 2, 2026, which is 75.1 percent below its level on the day he returned.

Cite this piece

Ryan Elliott Dennis, "Antonio Juliano Retakes dYdX Trading and Lays Off 35 Percent," CryptoLately, Oct 10, 2024, https://cryptolately.com/articles/dydx-trading-juliano-return-and-layoffs-2024

Tags: CEO succession · founder-led companies · perpetual futures · dYdX

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