開創性 DeFi：Antonio Juliano 的 dYdX 之旅

Antonio Juliano 的旅程充滿了雄心和洞察力，對去中心化金融（DeFi）世界產生了永恆的影響。

Antonio Juliano is a renowned figure in the world of decentralized finance (DeFi), having played a pivotal role in the establishment and growth of dYdX, a leading decentralized exchange (DEX). Born and raised in the United States, Juliano's early fascination with technology led him to pursue a degree in computer science from Princeton University, graduating in 2015.

Antonio Juliano 是去中心化金融（DeFi）領域的知名人物，在領先的去中心化交易所（DEX）dYdX 的建立和發展中發揮了關鍵作用。 Juliano 在美國出生長大，早期對科技的迷戀促使他在普林斯頓大學攻讀電腦科學學位，並於 2015 年畢業。

Even before the terms "blockchain" and "cryptocurrency" became widely used, Juliano's interest in both subjects laid the groundwork for his future contributions to the fields.

甚至在「區塊鏈」和「加密貨幣」這兩個術語被廣泛使用之前，朱利亞諾對這兩個主題的興趣就為他未來在該領域的貢獻奠定了基礎。

After graduating, Juliano joined Coinbase, a decision that would大きく影響を及ぼす on his career path. Working as a software engineer at the exchange provided him with firsthand exposure to the burgeoning blockchain ecosystem and its transformative potential. His time at Coinbase and later at Uber honed his technical skills and deepened his passion for decentralized technology.

畢業後，Juliano 加入了 Coinbase，這項決定對他的職業道路產生了很大的影響。在交易所擔任軟體工程師使他親身接觸了新興的區塊鏈生態系統及其變革潛力。他在 Coinbase 和後來在 Uber 的經歷磨練了他的技術技能，並加深了他對去中心化技術的熱情。

Juliano began to envision a future where finance was no longer limited by traditional intermediaries but instead open and accessible.

朱利亞諾開始設想一個未來，金融不再受到傳統中介機構的限制，而是開放且可取得的。

Pioneering DeFi: Antonio Juliano's Journey with dYdX

開創性 DeFi：Antonio Juliano 的 dYdX 之旅

In 2017, Juliano boldly ventured out on his own, founding dYdX, a decentralized exchange designed to revolutionize crypto trading. He identified a critical gap in the market: the decentralized space lacked advanced financial instruments.

2017 年，Juliano 大膽獨自創業，創立了 dYdX，這是一家旨在徹底改變加密貨幣交易的去中心化交易所。他發現了市場的一個關鍵缺口：去中心化空間缺乏先進的金融工具。

Unlike other exchanges, dYdX focused on derivatives such as margin trading and perpetual contracts, catering to both institutional and retail traders with innovative products.

與其他交易所不同，dYdX專注於保證金交易和永續合約等衍生性商品，以創新產品滿足機構和零售交易者的需求。

The platform quickly gained traction, solidifying its leading position in the DeFi landscape. By 2021, dYdX was boasting an average daily trading volume of a staggering $2 billion, a testament to Juliano's strategic vision. Under his leadership for just nine months, the platform also generated $75 million in revenue, demonstrating its commercial viability.

該平台迅速獲得關注，鞏固了其在 DeFi 領域的領先地位。到 2021 年，dYdX 的每日平均交易量達到驚人的 20 億美元，證明了 Juliano 的戰略願景。在他的領導下，該平台僅 9 個月就創造了 7,500 萬美元的收入，證明了其商業可行性。

Overcoming Challenges and Embracing Transformation

克服挑戰擁抱轉型

Building dYdX was not without its challenges. The cryptocurrency market is notoriously volatile, and regulatory issues posed ongoing obstacles. Yet, despite these hurdles, Juliano's commitment to decentralization never wavered.

建造 dYdX 並非沒有挑戰。眾所周知，加密貨幣市場波動很大，監管問題造成了持續的障礙。然而，儘管有這些障礙，朱利亞諾對權力下放的承諾從未動搖。

His constant advocacy for a system where users maintained control over their funds and trades became the defining ethos of dYdX.

他對用戶對其資金和交易保持控制的系統的持續倡導成為 dYdX 的定義精神。

After seven years of relentless dedication, Juliano stepped down as CEO of dYdX Trading Inc. in May 2024, transitioning to the roles of Chairman and President. His departure, motivated by both personal and business considerations, marked a brief retreat from the high-stakes world of running a global DeFi platform. But this hiatus was short-lived.

經過七年的不懈奉獻，Juliano 於 2024 年 5 月辭去 dYdX Trading Inc. 執行長一職，轉任董事長兼總裁。出於個人和商業考慮，他的離開標誌著他從經營全球 DeFi 平台的高風險世界中短暫退出。但這種中斷是短暫的。

Steering dYdX Toward Innovation and Growth

引導 dYdX 走向創新與成長

In October 2024, Juliano returned to dYdX, determined to steer the platform through its next phase of growth. Bold decisions characterized his comeback, including a major staff reduction aimed at streamlining operations. Juliano maintained that strong leadership was essential for keeping dYdX competitive in the market.

2024 年 10 月，Juliano 重返 dYdX，決心帶領平台進入下一階段的成長。他的回歸體現了大膽的決定，包括旨在簡化營運的大規模裁員。 Juliano 認為，強大的領導力對於保持 dYdX 在市場上的競爭力至關重要。

Juliano's return also signaled a renewed focus on innovation. He emphasized the need for founder-led leadership in navigating the challenges posed by a rapidly evolving market. His ability to adapt and implement strategic adjustments reinforced his reputation as a visionary leader.

朱利亞諾的回歸也標誌著對創新的重新關注。他強調需要創辦人領導的領導力來應對快速發展的市場所帶來的挑戰。他適應和實施策略調整的能力增強了他作為有遠見的領導者的聲譽。

Juliano's vision for decentralized finance and his contributions to the space extend far beyond the numbers. He imagined a financial system where power was distributed rather than concentrated, enabling people around the world to access advanced financial tools without intermediaries. His work at dYdX embodies this aspiration, pushing the boundaries of decentralized trading.

Juliano 對去中心化金融的願景以及他對該領域的貢獻遠遠超出了數字。他設想了一個權力分散而非集中的金融體系，使世界各地的人們無需中介即可獲得先進的金融工具。他在 dYdX 的工作體現了這一願望，突破了去中心化交易的界限。

Combining technical expertise with an intimate understanding of market dynamics defines Juliano's approach to leadership. This synergy has enabled him to navigate the complexities of the DeFi landscape and remain steadfast in his goal of democratizing finance.

朱利亞諾的領導方式將技術專長與對市場動態的深入了解相結合。這種協同作用使他能夠應對 DeFi 領域的複雜性，並堅定地實現金融民主化的目標。