Foresight News reported by The Block that dYdX has acquired the social trading application Pocket Protector, marking its first external acquisition. This deal will bring most of Pocket Protector's engineering team into dYdX, while co-founders Eddie Zhang and Kaiser Kinbote will also join dYdX as President and Head of Growth, respectively. dYdX founder and CEO Antonio Juliano told The Block that Pocket Protector has a total of 9 employees. The scale of the deal was not disclosed, with financing including cash and dYdX tokens.