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![ThePhantomTom Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1487824941097664515.png) The Phantom Tom [@ThePhantomTom](/creator/twitter/ThePhantomTom) on x 4891 followers
Created: 2025-07-17 10:33:35 UTC

On CEXs, decisions are made in boardrooms.

On dYdX, they’re made on chain, by the users

→ Protocol upgrades

→ Incentive shifts

→ Treasury deployment

All decided transparently, publicly with provable execution.

CEXs sell you the product.

dYdX lets you shape it.

![](https://pbs.twimg.com/media/GwDZU-XXwAEGnol.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945794001581326605/c:line.svg)

**Related Topics**
[protocol](/topic/protocol)
[exchanges cexs](/topic/exchanges-cexs)
[phantom](/topic/phantom)

[Post Link](https://x.com/ThePhantomTom/status/1945794001581326605)