After Dydx’s Headline room of the Ethereum Layer-2-Ecosystem to his own is-standing chain of Cosmos, the Crypto Derivatives Giant was on a mission to prove that app-specific blockchains are the future.
In an exclusive interview with Cryptopolitan, Charles d’Aussy, CEO of the Dydx Foundation, was characteristic not only Bullish on the new DYDX route, but also about the upcoming revival of Defi and the lasting Dominance of Ethereum.
In the coming months, D’Aussly explained a card for both the Defi landscape and the crypto markets. He predicts Bitcoin to reach $ 150,000 and Ethereum to reach $ 5,000 in October 2025. He even emphasized the accelerating role of Stablecoins and Real-World assets (RWAS) as the most important catalysts that manage the next phase of adoption.
Leave Ethereum
Dydx’s migration to his own chain was one of the most ambitious movements in the history of Defi. While the Layer -2 (Sterkex) pile from Ethereum is leaving, D’Aussly is crystal clear: there are no regret.
“With our own necklace, when you have a critical size, every app deserves to have its own chain,” said D’Aussy. By building on cosmos, escaped Dydx escaped dependence on the route map of Ethereum, giving the protocol full sovereignty to optimize its stack exclusively for cryptoderivaten – the largest market in Crypto, worthy ten times the spot market, he remembers.
Since the migration of 2023, the independent chain of Dydx has clocked $ 305 billion in trade volume. More than 80% of the Dydx -Tokens has successfully migrated to the new chain. “The migration has done well,” D’Aussy, despite some turbulence, claims in the short term of emerging competitors such as Hyperliquid.
Despite leaving Ethereum, D’Aussy remains an avid believer in his future. He rejected all kinds of chatter about the declining momentum. “If you remove the sound from Twitter and look at the facts, most Stablecoins, Rwas and tokenization are initiatives such as BlackRock’s all on Ethereum,” he says. Solana is a strong competitor, but he doubts whether it can deduct the deep -rooted ecosystem from Ethereum.
Is Hyperliquid a new challenger?
Few players have the decentralized perpetual market such as hyperliquid rattles. But D’Aussly meets a calm, seasoned tone. “Hyperliquid is a good team, but I think they are flying very close to the sun. They are always in balance in their honeymoon after their token Airdrop. He says, with reference to Dydx’s deeper war box and lasting power.
With Dydx Labs with a treasury of $ 150 million and institutional traders who hang out, D’Aussly sees a clear road ahead. The launch of a $ 20 million user program in nine months is intended to strengthen volumes during the Berenmarkt, with a special emphasis on rewarding active retail traders, not just whales.
“If you use Dydx, you don’t get a Dydx – you get USDC,” explains D’Aussy. Traders pay costs in USDC and 25% of those reimbursements are divided as rewards to strikers, in addition to the protocol and DAOS. There is no inflation of diluting delivery, instead, Dydx Token performs backkoop to feed a flywheel of value structure. “It is somehow a income share for strikers,” he proudly notes, last week’s first Buyback event.
Is Spot Trading the following for Dydx?
Derivatives can be the bread and the butter, but spot trade is the following on the route map of Dydx. The team is planning to roll out spot markets through an improved Cosmos SDK, unlock opportunities for cross-market strategies that are comparable to centralized exchanges such as Binance.
Yet d’Aussy is frank about Defi’s Achilles whole: user experience. Instead of endlessly Bemoan Clunky Wallet UX, Dydx is laser -oriented on distribution. Integrations with the non-falsification portfolios of large centralized fairs, such as Binance Wallet, are part of a strategy to bring “Dydx where the users are”, ticking tens of millions of CEX users who are ready to dive into Defi.
Since the launch of his own chain, DYDX has cultivated a validator set that reflects both decentralization and strategic partnerships. “We have 60 Validators, including Binance and OKX,” D’Aussy reveals. The majority of voting power remains concentrated in the top 15 validators, but for a one -year chain he regards this as solid progress.
He also predicts a macro tail wind for crypto. With the tariff policy of Trump and the potential American stablecoin legislation that unfolds, D’Aussy expects central banks to return to liquidity injections against late summer. This will be a scenario in which Bitcoin leads the rally, followed by Ethereum, Solana and eventually Blue-Chip Defi-Tokens such as Dydx.
The CEO of Dydx predicts $ 600b stablecoin tree
D’Aussly confirmed that Dydx is already working as a fully permission-free platform, with its open-source infrastructure with which everyone can be on top of it or can build it on top. “You can come and exchange on Dydx without any permissions. You can participate in the board. It is already totally permissionless,” he said. Looking for five years ahead, he provides for a dramatic increase in RWA trade on chains and significant parts of the massive FX market that migrate to platforms such as Dydx.
Interestingly, D’Aussly predicts that most users will interact with Dydx-based infrastructure without even realizing it, because layers of applications abstract the difficulties of crypto-derivative markets. “People will continue to build on top … Better UX will ensure that people do not realize that they go deeper into the pile,” he explained, stating increasing composability as an important driver.
However, it is the Stablecoin market that he identifies as the clearest growth motor. Currently rated at $ 300 billion, D
Trump rates and mica rules
D’Aussy is openly bullish on market prospects. He expects central banks to pause the tightening, the clarity of the regulations will improve (especially around Stablecoins in the US) and Bullish Momentum will accelerate. “I foresee that Bitcoin goes first, probably $ 150,000 against the mid -October, and then the Altcoin season that starts. I have a very confidence in an $ 5,000 Ethereum,” he said, also remarks optimism for Solana.
In a commentary on Europe’s Mica (markets in crypto-assets) Regulatory Framework, which recently completed 100 days of implementation, recognizes D’Aussy that although it introduces stricter rules, it ultimately benefits the ecosystem. “If you have the top 10 pennants, you are good. People will always come back to trust,” he said, noticed that the established Stablecoin mittens will thrive under Mica’s curation of quality players.
