Block Trades Explained

dYdX has launched a new trading market for **$PHA** (Phala Network) on its platform. **Key Details:** - Users can now trade PHA-USD pairs through the [dYdX markets page](https://dydx.trade/trade/PHA-USD?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial) - This follows recent additions of XDC Network and SAPIEN markets in May - The launch expands dYdX's available trading pairs for decentralized exchange users Phala Network joins the growing list of tokens available for trading on the dYdX decentralized exchange platform.

dYdX has launched **Builder Codes**, a transparent program that allows developers to earn revenue on every trade fill without whitelists or gatekeeping. **Key features:** - Integrate dYdX perpetual contracts into applications - Route orders onchain and earn fees on each fill - Fully transparent with no approval process required - Projects that ship notable integrations may receive official spotlights from dYdX The program aims to expand dYdX's ecosystem by incentivizing developers to build trading interfaces, bots, and tools on top of the protocol. Learn more: [dYdX Builder Codes](https://www.dydx.xyz/blog/builder-codes?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)

**Foxify Trade is launching FUNDED on dYdX December 8th**, bringing professional prop trading features to the decentralized exchange. **Key Features:** - Instant funded trading accounts - True A-Book execution model - On-chain reward payouts - No delays or traditional prop firm restrictions This integration represents a significant development for dYdX, combining traditional prop trading benefits with DeFi infrastructure. Traders will access funded accounts without the typical barriers found in centralized prop firms. The launch marks dYdX's expansion into institutional-grade trading tools while maintaining its decentralized nature.

**dYdX announces a 50% rebate on all positive trading fees** running from now through the end of 2025. - **No tiers or requirements** - all traders automatically receive the discount - Applies to all positive trading fees on the platform - Simple value proposition with no complex qualification criteria This follows dYdX's recent move to **double affiliate earnings to 30%** of taker fees from referred trading volume, showing continued focus on trader incentives. The rebate program runs until December 31st, providing immediate savings for active traders on the decentralized exchange.

**SuperVerse ($SUPER) has launched** on the dYdX decentralized exchange, joining the platform's growing list of community-driven token listings. Traders can now access SUPER-USD perpetual contracts through dYdX's trading interface. The listing follows recent additions including: - STBL (November 27) - B2 from BSquared Network (November 24) - MINA Protocol (November 18) - ALCX from Alchemix (November 14) **Important disclaimers:** dYdX emphasizes that launchable markets are community-driven and do not represent platform endorsement of projects. [Start trading SUPER-USD](https://dydx.trade/trade/SUPER-USD?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)