dYdX released its 2025 ecosystem report showing significant growth across key metrics.
Key highlights:
- $DYDX token holders increased 85% to 98,100
- Protocol bought back 8.46 million DYDX tokens
- Affiliates drove $17 billion in trading volume
- Launched $20M Surge trading incentives program
- Added native Solana spot trading
The decentralized exchange emphasized 2025 as a "step-change" year with more users, markets, and protocol value. The affiliate network expanded distribution and scale across the ecosystem.
The 2025 dYdX Ecosystem Report is live 🚀 🔹 $DYDX holders up 85% to 98,100 🔹 8.46M DYDX bought back 🔹 $17B in trading volume driven by Affiliates Read the full report ➡️ ecosystem.report/dydx
2025 marked a step-change for the dYdX ecosystem. More users. More markets. More value flowing through the protocol. Bring on 2026.
In 2025, dYdX doubled down on growth and alignment. > A protocol buyback program > $20M in Surge trading incentives > Native Solana spot trading And this is just the beginning - a big 2026 lies ahead. 🔗 dydx.xyz/annual-report/…
Read the full 2025 ecosystem report below. ➡️ dydx.xyz/annual-report/…
$17B in trading volume driven by dYdX Affiliates in 2025. A growing network powering distribution and scale across the ecosystem. 🔗 dydx.xyz/annual-report/…
dYdX Launches Surge Season 11 with $100K Trading Competition and Zero-Fee Bitcoin Trading

**dYdX Surge Season 11 is now live**, introducing several trader incentives: - **$100K trading competition** hosted on [bonk.trade](http://bonk.trade) - **Zero-fee perpetuals** for $BTC and $BONK trading pairs - **Liquidation rebates** offering up to $1M in returns - **$200K Affiliate Booster Program** for referrals The competition leaderboard is already active, with traders competing for rewards on the dYdX-powered platform. [Learn more about Season 11](http://www.dydx.xyz/blog/february-kickoff-surge-season-11-and-200k-affiliate-booster-program)
dYdX Trading League Rewards Claim Deadline Today

**Final hours to claim dYdX Trading League rewards** Traders who participated in dYdX Trading Leagues have until **January 31** to claim their rewards. This is the last opportunity to collect any earned incentives from the competition. **Key details:** - Claims close today, January 31 - Participants should check eligibility status - Unclaimed rewards will be forfeited after the deadline Traders can verify their eligibility and claim rewards at [dydx.xyz/trading-league-rewards](https://dydx.xyz/trading-league-rewards?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial) **Action required:** Check your account and claim any pending rewards before the deadline passes.
dYdX Expands Affiliate Program with $100K Whale Bonuses

dYdX has upgraded its Affiliate Booster Program for January-February 2026 with significant enhancements: **Key Updates:** - Up to **$100K in whale bonuses** now available - Enhanced rewards for top-performing affiliates - $100K total reward pool based on referral volume - Higher volume generates larger reward share The program maintains the same basic structure while offering substantially increased incentives. Affiliates can register through the [official form](https://docs.google.com/forms/d/e/1FAIpQLSdEwim0YvS-KHpyEsV1JCuDU3ax3GWqr9bfRsAzYvlIJQJkPg/viewform). Registration is open for those looking to participate in the expanded program.
dYdX Opens Liquidation Rebate Claims for Surge Season 10 Traders

dYdX has activated liquidation rebate claims for the first half of January, targeting traders who participated in **Surge Season 10**. **Key Details:** - Traders who were active during Surge Season 10 may qualify for rebates - Claims are now available for the first half of January 2026 - Eligible users can check their status and claim at [dydx.xyz/liquidation-rebates](https://dydx.xyz/liquidation-rebates) This follows a similar program for Surge Season 9, which offered up to $1M in liquidation rebates to participants. *Check your eligibility and claim any available rebates through the official portal.*
dYdX Client Libraries Compromised on PyPI and NPM
**Malicious versions** of dydx-v4-clients were uploaded to PyPI (version 1.1.5.post1) and NPM (versions 3.4.1, 1.22.1, 1.15.2, 1.0.31). **If you're using these versions, your funds are at risk.** The official versions hosted on the dydxprotocol GitHub repository are **safe and do not contain malware**. - Check your dependencies immediately - Update to verified versions from official sources - Review recent transactions if you used affected versions