Paradigm Lost 70% of its Clients in the FTX Crash. Now It’s Building its Own Exchange

Paradigm co-founder and CEO Anand has revealed how his team rebuilt after the FTX collapse and detailed their strategic push to build Paradex, an on-chain exchange designed to remove the risks of centralized settlement.  Speaking on a podcast, he recounted losing personal funds and watching the firm’s half-a-billion-dollar-a-day futures business at FTX “disappear overnight.” FTX […] The post Paradigm Lost 70% of its Clients in the FTX Crash. Now It’s Building its Own Exchange appeared first on Coin Edition.