🧐 @dYdX acquired a project called Pocket Protector. To be honest, this move is quite interesting, as it indicates that dYdX is planning a more "down-to-earth" trading entry.
Pocket Protector was originally focused on a social-oriented perpetual and Solana spot trading product, closely aligned with Telegram user habits. In less than a year, it gained 50,000 users and achieved an annual trading volume of $1 billion, showing rapid growth. This "social-native + lightweight application" approach is quite enlightening for the current DEX world, which tends to emphasize trading experience and has a high entry barrier.
The focus of this acquisition is not just the product, but also the people. Pocket's founder, Eddie Zhang, previously worked at Meta on Messenger and has created social products himself, demonstrating strong business sensitivity and execution speed. Coupled with Kaiser, a crypto native who understands community and growth, dYdX has effectively brought in an entire small team capable of creating hit products.
I personally feel that this might be a signal that dYdX is starting to shift towards a more "user-friendly" direction. If you've been in DeFi for a while, you know that the trading experience can be quite inhumane, and there aren't many teams that can make "trading" as simple as sending a message. With this move, dYdX is not just buying a product; they are also introducing a whole approach to "lightweight social trading," and we can expect more integration actions in the future.
I'm a bit excited to see how they will integrate this into the main product. Who knows, in the future, people might even place orders directly in groups while simultaneously engaging in social interactions and strategizing.
The key is that there is a leaderboard event on @KaitoAI, and recently @arbitrum @Aptos @0xPolygon @shoutdotfun $ENERGY have also been very popular.
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