dYdX Details Token Utility Strategy
dYdX Details Token Utility Strategy
🔄 Token utility flywheel
dYdX outlined its comprehensive strategy to maximize $DYDX token utility through multiple interconnected mechanisms.
Current Features:
- Staking $DYDX earns USDC from protocol fees while securing the network
- 25% of net protocol fees fund monthly buybacks (4M+ DYDX already repurchased)
- Purchased tokens are staked to validators, boosting security
Coming Soon:
- 5-10% validator commission discounts for stakers
- Direct USDC ↔ DYDX swapping via Osmosis integration
- One-click staking after purchase
The Strategy: Create a flywheel where trading activity feeds back into token value through rewards, governance, and network security. Each component reinforces the others - trade to earn, stake to secure, govern to steer.
dYdX emphasizes that protocol success should directly connect to governance token performance, strengthening the community-run network.
dYdX: A New Chapter As crypto shifts from centralised venues to onchain, dYdX is shipping faster than ever. 🧵 Let's dive into the details
The dYdX Mobile experience just levelled up. Optimised for speed, clarity, and momentum - ready when the market moves. Give it a try 👉 dydx.trade/markets?utm_so…
dYdX is community-owned and community-run - built and steered by traders. $DYDX is the bridge between user activity and the network’s performance, security, and long-term success. So how does dYdX maximize token utility? 🧵 Let’s dive in
dYdX Cuts Trading Fees by 50% for September
**dYdX launches Surge Season 6** with significant fee reductions for perpetual futures trading throughout September. **Key benefits:** - 50% rebate on both maker and taker fees - Rebates paid in DYDX tokens - Available on web, mobile, and Telegram platforms **Additional rewards:** - Share of $1M rewards pool for UI traders - No registration required - just trade normally The exchange positions itself as the cheapest place to trade DeFi perpetuals during this promotional period. The fee structure applies to all trading activity through September 30th. [Learn more about Surge Season 6](https://www.dydx.xyz/surge?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)
🗡️ Onchain Royale Goes Live
The **Onchain Royale trading competition** has officially launched on the Onchain Wallet platform. **Key Details:** - Prize pool: **$20,000 USDC** in rewards - Hosted by @onchain_wallet in partnership with dYdX - Powered by @dydxarena - Late registration allowed during competition **How to Participate:** Traders can join the competition and climb the leaderboard to claim their share of rewards. Early registration provides more time to build ranking position. **Additional Competition:** A separate dYdX x Voltrade ETH trading competition is also running with a **$5,000 prize pool**. [Join Onchain Royale](https://www.dydx.xyz/cryptocom?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)
dYdX Launches Partner Revenue Share Program
**dYdX has launched Partner Revenue Share**, a new monetization option for developers and integrators. **Key Features:** - Partners earn a percentage of protocol trading fees from their routed volume - Scales with trading volume and user retention - No additional fees charged to traders - Automatic onchain payouts to partner addresses **Two Revenue Options:** - **Builder Codes**: Permissionless per-transaction fees you set - **Partner Rev-share**: Governance-approved percentage of protocol fees - Both can be used together for maximum earnings **How It Works:** - Submit proposal to community for voting - Attach revenue share code when routing orders - Revenue automatically splits to your payout address - All transactions are trackable onchain **Benefits:** - Cleaner user experience with no extra fee line items - Aligns partner incentives with protocol growth - Transparent and automatic payouts - Designed for long-term sustainability The program aims to reward builders who expand access to dYdX's 200+ perpetual markets while maintaining a seamless trading experience.
🌊 FLOW Joins dYdX
**FLOW blockchain token now available** for trading on dYdX through the launchable markets feature. - Users can launch $FLOW trading pairs instantly via the markets page - Community-driven listing with no project endorsement from dYdX - Standard disclaimer applies: **DYOR and NFA** This continues dYdX's expansion of tradeable assets through their permissionless listing system, allowing users to create markets for tokens they want to trade. [Start trading FLOW](https://dydx.trade/trade/FLOW-USD)