Deep Tide TechFlow News, on October 30, dYdX founder and CEO Antonio Juliano published a blog announcing a 35% reduction in staff, including the dYdX core team.

On October 10 of this year, dYdX founder Antonio announced his return as CEO, having previously stated that dYdX is facing intense market competition and an unfavorable market environment, requiring the founder's leadership to guide the team through tough times.