dYdX Trading CEO AMA: V3 Sunset Discussion

dYdX has introduced **Builder Codes**, a new system that allows developers to integrate with the platform and track their impact transparently. **Key features:** - Projects can plug into dYdX perpetuals and route orders onchain - Builders earn rewards on every fill through their integration - No whitelists required - fully open and transparent system - dYdX will spotlight successful projects built using the system The initiative removes guesswork for developers building on the decentralized exchange, providing clear metrics and direct compensation for their contributions. Learn more about Builder Codes: [dYdX Blog](https://www.dydx.xyz/blog/builder-codes)

dYdX has launched instant trading for **Tether Gold (XAUT)** with up to **5x leverage**. **Key Details:** - XAUT represents physical gold stored in Swiss vaults - Previously available as a launchable market since January 26 - Now upgraded to instant market listing status - Traders can access leveraged positions on the gold-backed token This follows dYdX's recent expansion pattern, having added several instant markets in January including LUNC, DASH, and LIT. [Start trading XAUT-USD](https://dydx.trade/trade/XAUT-USD)

dYdX has extended the claim period for liquidation rebates from Surge Season 10, covering the first half of January 2026. **Key Details:** - Traders who participated in Surge Season 10 may be eligible for liquidation rebates - Claims for the first half of January remain open - Eligibility can be checked at [dydx.xyz/liquidation-rebates](https://dydx.xyz/liquidation-rebates) **Background:** This follows a similar program for Surge Season 9, which offered up to $1M in liquidation rebates. The rebate program compensates traders who experienced liquidations during the surge season periods. Traders should verify their eligibility and submit claims before the window closes.

dYdX's **$100K trading competition** on bonk.trade is now live as part of Surge Season 11. **Key Details:** - Trade any market and compete based on PnL performance - Leaderboard rankings determine prize distribution - Zero-fee trading on BTC & BONK perpetuals - Additional perks include liquidation rebates up to $1M - $200K Affiliate Booster Program running concurrently The competition is part of dYdX's February initiatives to drive trading activity on their decentralized exchange platform. [Learn more](http://www.dydx.xyz/blog/february-kickoff-surge-season-11-and-200k-affiliate-booster-program) | [Check leaderboard](http://bonk.trade)

**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.