Case Study

dYdX Foundation

Four senior hires for one of the world’s largest decentralised exchanges — delivered under a rigorous, partly confidential search.

Retained Search Europe + Dubai 2024
Plexus Crypto Recruitment case studies
  • 04

    Senior roles placed

  • 01

    Confidential search

  • 02

    Regions · Europe & Dubai

Nascent
The Client:

A Swiss home for a global protocol

dYdX Foundation is a Swiss-based entity supporting the dYdX protocol, one of the largest decentralised exchanges in the world. In early 2024, they sought to expand their team with top tier talent to support their growth in Europe and Dubai.

 

“Plexus has proven to be an exceptional partner in our hiring process. Their extensive network of high-quality candidates ensures that we consistently meet talented professionals aligned with our requirements. They manage the end-to-end recruitment process, providing seamless support and significant time savings for our team.
One key attribute about Plexus is their flexibility and ability to adapt to our unique needs, making the entire experience tailored and efficient. A special mention goes to our lead consultant, whose role as a headhunter has been instrumental. They have a deep understanding of the Web3 market, listen to client needs, and their efforts to find the right fit each and every time have made a tremendous difference.
Overall, we value our partnership with Plexus as a trusted resource for our recruitment efforts and we hope to continue working together in the future.”
  • "Plexus has proven to be an exceptional partner. Their network ensures we consistently meet talented professionals aligned with our requirements — and they manage the end-to-end process, providing seamless support and significant time savings for our team."
    dYdX Foundation
Nascent
The Challenge:

A high bar, under pressure

Their hiring process was rigorous, involving week-long trials. While this process ensured only the best candidates progressed, it presented logistical challenges—many top candidates already had full-time commitments. Additionally, the Foundation required our consultant to manage the hiring logistics, relying on Plexus to take full ownership of the candidate journey.

Adding to the complexity, the Foundation approached us with two key roles—one of which was confidential—requiring a tailored search strategy to manage sensitivities while delivering exceptional results.

The Solution

A bespoke, fully-owned search

01

Targeted talent identification

Leveraging our extensive network and specialist expertise, we identified candidates who matched the Foundation’s high standards. The opportunity spoke for itself, attracting strong interest from leading candidates in the space.

02

Process management

We handled the logistics of the week-long trial process — navigating candidate schedules and ensuring a seamless experience for both the Foundation and the candidates.

03

Consultation & insights

We provided real-time market insight — consultation on compensation structures, salary benchmarks and candidate feedback — shared in person, including a breakfast session in Brussels with client representatives and placed candidates.

04

Tailored retained search

We recommended a retained search model to prioritise these critical roles, letting our delivery team dedicate significant time and resources to securing the very best talent under tight timelines.

The Results

Four key roles placed — strengthening leadership & business development.

Enabling dYdX Foundation to keep leading in the decentralised exchange space.

Chief Marketing Officer

Marketing

Social Media Manager

Marketing

Head of Finance

Finance

Institutional BD Manager

Business Development

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