dydx, one of the most prominent and powerful decentralized exchanges (DEX) in the crypto ecosystem, has announced the appointment of Charles d’Haussy, a ConsenSys crypto leader, to serve as CEO of its foundation.

As the new head of his non-profit foundation, Charles will bring his wealth of experience to help dydx chart an ambitious path forward. With the dydx Foundation tasked with supporting the dYdX protocol, Charles’ background with ConsenSys and as head of FinTech in the Hong Kong government will help him make the right growth strides for the protocol.

Since its inception in 2017, dYdX now ranks as the largest DEX in the DeFi world today. As of this writing, the protocol has over $342 million in daily transaction volume and ranks well above Kine Protocol and Uniswap V3, according to data from CoinMarketCap.

As part of its growth push, dYdX has revealed plans to launch its V4 engine, which is scheduled for the second quarter of 2023. With Charles now at the helm, seamless delivery of its new commercial engine will be top of mind. . on his agenda upon taking office.

“I am very excited to welcome Charles to his role as CEO of the dYdX Foundation. His wealth of cross-sector experiences interacting with different stakeholders will be an extremely valuable addition to the Foundation and lead us to the next stage of growth.” Arthur Cheong. , Chairman of the Board of the dYdX Foundation.

His main duties will include driving new partnerships for the protocol, drawing on his experience in international trade relations.

The mega shift in leadership of the decentralized exchange protocol mimics the related moves of major platforms and startups in the Web3.0 ecosystem. One of the most aggressive teams with its hiring spree is Animoca Brands, whose recent appointments included Jared Shaw as chief financial officer in September.

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