Antonio Juliano returns as CEO. dYdX 
D.Y.D.X.
+3.72%
After founding dYdX Trading, Juliano noted that his motivation changed during his time as CEO. At first, accomplishments and reaching external goals motivated him over the years, Juliano wrote in Thursday’s post, and then forming relationships with his peers. Meanwhile, he is grappling with the influence he has over the company’s future as a founder, similar to its “biological parent.”
“I finally felt ready to fully embrace my role in what I had created, so today I return as CEO,” added Juliano. “I believe I will return with both the drive I felt in my first five years and the wisdom I have discovered in the past two years.”
Juliano stepped down as dYdX Trading CEO on May 13 for personal and professional reasons, The Block previously reported. He became chairman and president of the company, with Ivo Crnkovic-Rubsamen assuming the CEO position.
DYdX is the fifth-largest decentralized derivatives exchange by total value locked, with DeFi data tracker DeFiLlama showing it has $306.6 million. The platform’s token DYDX was trading at $0.91 as of 9:51 AM ET (13:51 UTC), up 4.44% over the past 24 hours, according to The Block Price.
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About the author
MK Manoylov has been a reporter for The Block since 2020, joining just before Bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for publications covering all cryptocurrency-related news, preferring NFTs, metaverse, web3 games, fundraising, crime, hacking, and cryptocurrency ecosystem stories. MK holds a graduate degree from New York University’s Science, Health, and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. X You can follow MK at @MManoylov and on LinkedIn.