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![Jaotoshi1 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1804410232376098816.png) jaótoshi [@Jaotoshi1](/creator/twitter/Jaotoshi1) on x XXX followers
Created: 2025-07-22 03:04:06 UTC

You like perps?
This ain't no Uniswap janky garbage with slippage and front-runs. dYdX runs an off-chain order book with on-chain settlement.

"Wait... isn’t that kinda centralized?"
Yeah, it was. But v4 said "decentralize it all" and now the validators run the order book infra too.
True DeFi. No training wheels.


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947492823747403864/c:line.svg)

**Related Topics**
[infra](/topic/infra)
[onchain](/topic/onchain)
[slippage](/topic/slippage)
[uniswap](/topic/uniswap)

[Post Link](https://x.com/Jaotoshi1/status/1947492823747403864)