DROPS E14: : @tradeparadex : the Crypto Super App
@fiddybps1 is the co-founder and CEO of Paradigm, the largest institutional crypto options network processing $1.5 billion daily and controlling 35% of Bitcoin options trading
After surviving the FTX collapse that wiped out his personal wealth and 70% of his clients, he's now building Paradox - a decentralized exchange that he claims offers better liquidity than Binance
From innovating with perpetual options that eliminate liquidation risk to surviving multiple financial crises, Anand explains why decentralized finance represents true freedom and how crypto culture is going mainstream.
Timestamps
0:00 - Introduction
1:24 - Welcome to DROPS
2:00 - What Anand Does
7:40 - FTX Happened
10:04 - Double Whammy
13:40 - What Helped Him Survive
16:45 - No Thinking, Take The Leap
18:33 - Are Investors Happy Today
19:20 - Explain Paradigm
20:23 - Why Do People Trade Options
21:19 - Key Numbers For Paradigm
21:59 - Ambitions, Moving Forward
24:30 - What Is Paradex (Explained Simply)
25:37 - Why Trust Paradex
27:01 - Why Paradex Is 10x Better
31:48 - Perpetual Options vs Contract
37:26 - Ease of Use vs Cost
39:05 - Difficulty With Replicating
42:20 - Paradigm Is Like Videogames
46:06 - Paradigm Weakness
48:25 - Wide Variety of Careers
52:28 - Compare Crypto to a City
