dYdX Taps ConsenSys' Charles d'Haussy as CEO of its Foundation

dydx, one of the most prominent and powerful Decentralized Exchanges (DEX) in the crypto ecosystem, has announced the appointment of Charles d'Haussy, a crypto leader from ConsenSys, to serve as the Chief Executive of its Foundation.

As the new boss of its not-for-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's track records with ConsenSys and as a FinTech head with the Hong Kong government will help him in delivering just the right growth strides for the protocol.

Since its inception in 2017, dYdX now ranks as the biggest DEX in today's DeFi world. At the time of writing, the protocol has over $342 million in daily trading volume and ranks well above Kine Protocol and Uniswap V3, according to data from CoinMarketCap. 

As part of its growth push, dYdX has unveiled plans to launch its V4 engine, which is slated for the second quarter of 2023. With Charles now at the helm of affairs, the perfect delivery of its new trading engine will be amongst the top things on his agenda as he assumes office.

"I am very excited to welcome Charles into his role as CEO of dYdX Foundation. His wealth of cross-industry experiences engaging with different stakeholders will be an extremely valuable addition to the Foundation and lead us to the next stage of growth, "Arthur Cheong, President of dYdX Foundation Council.

Amongst his core roles will be pushing for new partnerships for the protocol, drawing on his experiences in international business relations. 

The mega shift in leadership for the decentralized exchange protocol mimics related moves from top platforms and startups in the Web3.0 ecosystem. One of the outfits most aggressive with its hiring spree is Animoca Brands, whose recent appointments featured Jared Shaw as its Chief Financial Officer back in September.

Image source: Shutterstock