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dYdX Price Jumps 5% Despite Major Layoffs Of 35% Core Team

dYdX Price Jumps 5% Despite Major Layoffs Of 35% Core Team


CoinGape
2024-10-29 23:33:33

The decentralized derivatives platform dYdX recently announced that it had laid off 35% of its workforce, including core team members. Despite the workforce reduction, the price of the platform’s native token, dydx, rose by 5.56%, as traders reacted positively to the restructuring news. CEO Antonio Juliano, who recently returned to the company after a six-month The post dYdX Price Jumps 5% Despite Major Layoffs Of 35% Core Team appeared first on CoinGape .


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