ChainCatcher news, according to The Block, based on the official announcement, dYdX Trading has laid off 35% of its core team members. CEO and co-founder Antonio Juliano wrote in a blog post: "The decision was made because we realized that the company we built is different from the company dYdX needs to become. We will move forward with clarity of thought and new passion. We will create amazing work."

ChainCatcher news, Ethereum's first SVM Layer2 network Eclipse founder Neel Somani has left, and Vijay Chetty will be appointed as the CEO of Eclipse Labs. Chetty will be promoted from Chief Growth Officer and will take on all responsibilities of the CEO.It is reported that Chetty has over ten years of native cryptocurrency experience, having held leadership positions at Uniswap Labs, dYdX Trading, and Ripple Labs, in addition to his investment experience at BlackRock.

ChainCatcher message, dYdX founder Antonio Julio stated on the X platform: "dYdX Trading Inc. has officially updated its charter to become a public benefit corporation. As an open-source software developer, the company will not operate or generate trading fee revenue from dYdX v4 and will strive to align with the community as much as possible."