dYdX founder: Current perps products are all the same, and we are reimagining the potential of DeFi+ leverage

Odaily News Antonio Juliano, founder of dYdX, said in a post on X: All perps (perpetual contracts) products are basically the same, and I'm tired of it. The market feels stagnant and a zero-sum game. We can compete and try to move users from CeFi perps to DeFi perps, but I now find that this misses the point. I believe it's time to go back to basics and reimagine what kind of creativity DeFi + leverage might bring. What is the purpose of leveraged trading? Increase bets; what is the purpose of decentralization? The power is in your hands, not mine. So what is the purpose of decentralized leveraged trading? That is to give users the power to make large bets. What does this product look like? The vision is taking shape, but I look forward to figuring this out with my users. My biggest bet is to stop copying what came before and reimagine giving users the power to increase their bets. "