DYdX CEO Juliano Fires 35% of Workforce and Promises Pivot
Briefly

The decision to let go was a realization that the company we've built is different from the company dYdX must be, reflecting ongoing adaptation to market competition.
With dYdX's total value locked down 50% from its peak, the exchange faces significant challenges, especially as competitors like Hyperliquid rise dramatically in popularity.
Read at Coindesk
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