dYdX won't profit from v4 as it becomes public benefit corporation
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YdX won't profit from v4 as it becomes public benefit corporation dYdX Trading will not earn trading fee revenue from its upcoming v4 platform as it has moved to become a public benefit corporation.
The company has been “very profitable” over the past few years and has “six years of runway,” Antonio
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dYdX Trading, the company behind a major decentralized exchange, will not earn trading fee revenue from its upcoming v4 platform as it has transitioned to become a public benefit corporation. The move is aimed at aligning the company with the community and promoting the public good. This comes shortly after rival Uniswap announced it will start charging fees for certain token swaps. dYdX has been profitable in recent years and has a strong financial position, with six years of runway. The company has already received approval for its updated charter.
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- YdX won't profit from v4 as it becomes public benefit corporation
- dYdX Trading will not earn trading fee revenue from its upcoming v4 platform as it has moved to become a public benefit corporation. The company has been “very profitable” over the past few years and has “six years of runway,” Antonio Juliano told The Block in an exclusive interview.
- dYdX Trading, the company behind one of the largest decentralized exchanges, will not earn trading fee revenue from its upcoming v4 platform as it has moved to become a public benefit corporation. "dYdX Trading Inc. has officially updated its charter to become a Public Benefit Corporation," Antonio Juliano, founder and CEO of dYdX, said on X. "As ...
- YdX's new legal structure comes just a day after rival Uniswap said it will start charging a fee of 0.15% to swap certain tokens on its web interface and wallet. Juliano told The Block in an interview that dYdX had already received its updated charter approval
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