dYdX Trading cuts 35% of its core team members

Odaily News According to an official announcement, dYdX Trading has laid off 35% of its core team members. CEO and co-founder Antonio Juliano said: "The decision was made because we realized that the company we built was different from what dYdX must become. We will move forward with clarity of mind and renewed passion. We will create amazing products." Juliano returned on October 10 after a six-month leave to lead the company's development of the Cosmos-based protocol. He initially left on May 13 for personal and professional reasons.