DYdX Snaps Up Telegram trading app that hit 1 billion USD volume in under a year

DYdX has acquired Pocket Protector, a Telegram-native trading app that achieved 1 billion USD in trading volume in less than a year, with 50,000 users. This strategic move indicates a shift toward user expansion.

Eddie Zhang and Kaiser Kinbote will take on key positions at dYdX, focusing on growth and product strategies. The integration of messaging features is expected to enhance user engagement in the DeFi space.

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