Integrated with TRM Labs for blockchain analytics and compliance tracking support.

Ranks in the top 5 protocols by IBC V2 adoption volume, utilizing IBC Eureka technology.

TVL increased by 6% in the 72 hours following the TGE.

Established a collaboration with BONK.

Binance removes DYDX/FDUSD from both cross-margin and isolated margin trading effective December 23, 2025, at 09:00.

Zero-fee perpetuals trading expands to Bitcoin in addition to Solana.

Zero-fee promotion runs for first month on Spot trading with full Solana ecosystem token suite now tradable, and zero-fee SOL perpetuals launch for non-US users.

Spot trading rollout opens platform to US-based traders for the first time, with Solana as the initial asset.

Market cap has declined to $7 million, down from $313 million a year ago.

Buyback rate increased to 75% according to November 2025 monthly review.

Foxify integrates directly with dYdX Chain to enable on-chain funded prop trading with instant capital deployment, no KYC requirements, and verifiable payouts.

Two concurrent referral programs (Whale Edition targeting high-value flows and Growth Booster targeting user growth/retention) have crossed $1.2B in tracked volume with almost $300K paid out in rewards.

MoonPay announces dYdX as a new partner alongside launches of MoonPay Commerce and Virtual Accounts features.

Announces $15,000 trading competition for BTC and SOL perpetuals with leaderboard rankings and exclusive merch prizes.

Participates in closed-door Web3 Leaders Roundtable at Abu Dhabi Finance Week 2025 (December 10) with BlackRock, Franklin Templeton, Grayscale, DTCC, and global regulators (ADGM, VARA, European Commission), producing a joint policy report for 50+ regulatory jurisdictions worldwide.

US launch planned for December 2025 with exact date to be announced.

dYdX increases its fee buyback allocation to 75%.

Launched vote for liquidations rebate pilot program.

Competitor Paradex reports higher open interest than dYdX, Extended, and Pacifica combined.

dydx ranks 8th among top 10 DeFi projects by development activity with improved positioning since last month.

Zero trading fees launched on BTC and SOL perpetual contracts with $250K in weekly rewards running through November.

Titan wallet (formerly THORWallet) integrated dydx trading alongside additions of Tron and NEAR, while the platform reaches all-time highs in active users and swap volume with retention up 10-15x.

Platform launches launchable market feature that enables users to create and launch their own markets, though the feature requires community action to activate specific markets.

Community votes to approve increase in DYDX token buybacks from 25% to 75% of protocol fees, effective immediately, with additional 5% allocated to Treasury SubDAO and 5% to MegaVault.

Protocol proposes to allocate 75% of protocol income towards DYDX token buybacks.

Trading League competition features three-tier structure with PnL thresholds at $550m and $700m, with rewards determined by both PnL performance and trading volume rather than PnL alone.

Platform implements 50% fee rebates for all traders through year-end and launches Surge Program with $1M trader prize pool.

Zero trading fees implemented for BTC and SOL perpetual markets after community vote. US market expansion announced with Spot trading on Solana for American traders launching by end of 2025.

Upgraded affiliate program now offers 30% taker fees by default (doubled from 15%), scaling to 40% with $1M volume and 50% with $10M volume in 30 days.

Platform launches Trading League competition offering $250k weekly prize pool for top 50 traders ranked by PnL, with weekly leaderboard resets and $7k compensation for bottom 5 performers.

Protocol allocates 25% of its net protocol revenue to $DYDX token buybacks.

Chain upgrade proposal #303 for v9.4 is live for voting, introducing staking-based fee tiers for $DYDX holders, protocol-level leverage enforcement, refined affiliate program without whitelist and capped rewards, and improved data accuracy for staking metrics and TWAP logic.

Platform compared to OpenSea as former market leader with first-mover advantage that got cannibalized by more efficient competitor Hyperliquid.

Platform acquires Pocket Protector as part of 2025 crypto M&A activity.

Positioned #8 in top DeFi projects by development activity with upward movement in rankings compared to previous month.

Plans US market entry by end of 2025, launching spot trading for Solana and other cryptocurrencies with trading fees reduced to 50-65 basis points. Cumulative trading volume exceeds $1.5 trillion.

New proposal introduced for 100% fees buyback mechanism.

Platform integrates with KYVE Network for validated data layer services and permanent storage through Arweave partnership.

Community votes on a $462K compensation proposal for traders affected by an 8-hour platform outage during a historic liquidation event last month.

Integration with MoonPay Network announced, expanding payment and onboarding infrastructure for the platform.

ThorWallet integration partnership brings mobile access to decentralized perpetual trading with $165K USDC in trading competitions and automatic eligibility for the $20M rewards program.

Platform launches sports betting derivative product - a perpetual market for the 2025 MLB World Series (Dodgers), supporting 5x leverage, stop-loss/take-profit orders, and real-time settlement.

Vote #297 on validator set reduction scheduled for October 20, 2025.

New competitor FogoChain raises $13.5M from CMS and others, claiming better speed and market structure than current on-chain derivatives platforms with ~40ms block times and sub-1s finality.

Ranks #11 out of 18 in an unofficial perpetual DEX ranking, a decline from the previous #8 position.

Now ranks #8 out of 18 in an unofficial perpetual DEX ranking, an improvement from the earlier #10 out of 17 position.

Ranks #10 out of 17 perpetual DEXs in an unofficial ranking, trailing platforms including hyperliquid, lighter, aster, edgeX, jupiter, ostium, paradex, backpack, and gmx.

During recent market volatility, a trader running similar leveraged long/short books reports their account survived on dYdX while being liquidated on HyperliquidX, providing comparative performance data favoring dYdX's risk management.

Proposal #295 vote on October 13 concerns CoinRoutes joining as an Official Integration Partner with a 50% revenue share arrangement.

Proposal #295 vote scheduled for October 13, 2025.

Announces CoinGecko partnership with $50,000 affiliate rewards program requiring users to refer 3 traders to win whale bonuses.

Ranks #9 among top DeFi projects by development activity with an upward trend from last month according to Santiment analytics.

V3 platform abandonment resulted in frontend lagginess that killed the product, while poor anti-sybil leverage mechanics forced traders to use multiple accounts for larger position sizes, driving users to Hyperliquid as a superior alternative.

The platform lists FLUID token, expanding its available trading pairs.

Pocket Pro Bot releases as the first social trading experience on Telegram, accompanied by a $100K competition starting October 1.

Proposal #286 vote regarding KuyenLabs whitelist is scheduled for September 29, 2025, representing upcoming governance activity.

The platform is running a $1M DYDX token reward program for traders, positioned as having less dilution than competing perp DEXes.

Hyperliquid has overtaken both dydx and GMX for the top spot in perpetual DEX trading, representing a significant shift in market leadership from the previous dydx-GMX duopoly.

New competitors 'avant-' and 'aster' have entered the decentralized trading space, increasing competitive pressure alongside existing rival Hyperliquid.

The project will host its first analyst call, marking a new milestone in investor communication and transparency efforts.

Season 6 trading competition shows active participation with current rankings available and approximately 17 days remaining in the season.

30-day trading volume reaches $7.82b, trailing competitor Paradex's $9.22b during the same period.

21Shares launches a DYDX ETP in Europe, providing regulated exposure to the token through traditional brokerage channels.

New asset TSLAX is now available for long and short trading through Rage interface integration.

Season 5 Surge rewards are being distributed with top 20 finishers receiving approximately $15k USD in DYDX tokens.

The 6th season of dYdX Surge launches with a $1M reward pool for UI traders and 50% fee rebates paid in $DYDX tokens.

New Partner Revenue Share feature launches, enabling automated revenue sharing for flow providers.

New $20,000 USDC trading competition launches in partnership with Onchain Wallet, featuring three winning categories: PnL, Volume, and Streaks.

New launchable perpetual markets feature allows users to create markets with $10k minimum capital.

Protocol demonstrates significant liquidity with $200M sustained open interest and $12M MegaVault TVL.

New trading sprint launches with $12,000 reward pool for top affiliates and $50 retention bonus per trader.

New Flash Rewards program launches offering 10% APY for 14-day DYDX stake, capped at 163,000 DYDX allocation.

New $50K monthly Liquid Yapping reward program launches through Kaito platform with flexible payout options.

Protocol implements token buyback program with current market cap between $500M-$1B

New $40K trading incentive program runs through August, offering $400 USDC to 25 winners weekly for completing trading tasks.

Added to Coinbase listing roadmap for potential future listing.

Market share drops to 2.36% ($7.86B) of DEX perpetuals volume while Hyperliquid captures 96.26% ($320.37B).

Daily perps volume drops 57% to $215M while competitor generates 55x higher revenue at $2.96M per day.

Community treasury transitions to onchain governance on August 4, increasing token holder control over protocol assets.

Platform records $500M daily volume and $180M open interest, showing decreased market dominance as competitor Hyperliquid captures 75% of DEX perp volume.

Acquires Pocket Protector platform to enhance social trading capabilities.

New disclosures reveal treasury wallets, team wallets, and legal documentation detailing equity/token relationships.

ERA token now available for margin trading through Rage integration.

New weekly reward program launches with $40K prize pool for completing platform tasks.

Treasury burns 24.066M tokens worth $15.7M, ending 4-month inactivity period. Total burns reach 123M tokens ($79.42M).

PP Trading, a BONK trading platform partner, acquired by dYdX.

App chain operation requires $2M payment to service providers while regulatory-conscious approach leads to market share loss against Hyperliquid.

Protocol security patch deployment scheduled for July 16 to address Cosmos SDK vulnerability ISA-2025-005.

Platform implements higher trading fees than competitors and requires complex 15-step process through Osmosis for trading reward redemption, creating significant user friction.

Trading competition registration opens July 10-13 with dual prize pools: $20K for consistent traders and $40K for top performers.

Crypto.com integrates perpetual trading features through Onchain App, bringing non-custodial perpetuals to its mobile userbase.

New integration launches with Onchain offering 50x leverage and $60,000 trading competition running July 14-27.

SURGE Season 4 launches with $20M reward pool and KAITO trading competition offering $1,500 top prize.

Perpetual futures markets expand to 267 with $200M open interest in Q2, while BTC/ETH pairs dominate 80% of trading activity.

$FLR token now available for long/short trading through Rage interface.

New Affiliate Booster Program launches with $50,000 incentive pool for participants.

Multi-chain instant and free deposits now available across major blockchain networks.

SURGE Season 3 rewards program launches with Kaito social trading integration, offering token rewards for trading activity and social sharing.

DEX trading reaches record 27% market share of global spot trading, with speed improvements driving adoption.

New yield farming opportunity offers 28% APR for token staking through Astroport and Neutron integration.