dYdX

The **dYdX community has officially passed the Liquidation Rebate Program**, marking the launch of Surge Season 9. The one-month initiative offers **up to $1M in liquidation rebates** for traders on the decentralized exchange platform. - Program is now live and running - Community-driven decision through governance - Part of dYdX's ongoing Surge Season initiatives This follows previous Surge seasons that offered fee rebates and trading rewards. The liquidation rebate program represents a new approach to supporting traders during volatile market conditions. [Learn more about the program](https://www.dydx.xyz/blog/surge-season-9-launches-on-dydx-introducing-up-to-1m-in-liquidation-rebates?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)

**dYdX has streamlined crypto trading** by integrating direct fiat deposits through MoonPay partnership. **Key features:** - Simple few-click process to start trading - Direct fiat-to-crypto conversion on platform - No need for external exchanges or wallets The integration eliminates traditional barriers for new crypto traders by allowing users to deposit traditional currency directly onto the decentralized exchange. This removes the typical multi-step process of buying crypto elsewhere before trading derivatives. **Benefits for users:** - Faster onboarding process - Reduced friction for beginners - Seamless trading experience The partnership with MoonPay enables users to begin their crypto journey immediately on what dYdX positions as a powerful open exchange platform.

**Week 4 of dYdX Trading Leagues ends today** with traders competing for their share of a **$250,000 reward pool**. Participants can check their current standings and rankings on the platform. The trading competition has been running for multiple weeks, with each week offering opportunities to climb the leaderboard. - Final day to secure position in Week 4 rankings - $250k total prize pool available for distribution - Traders can view live rankings and performance [Check your ranking](https://dydx.trade/DYDX?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)

**dYdX announces Challenge 1 winners** from their Pocket Pro Bot Challenge Series. - Winners list now available on official blog - Rewards sent directly to submitted dYdX Chain addresses - Part of ongoing trading bot competition series Participants can check the [full winners list](https://www.dydx.xyz/blog/pocket-pro-bot-challenge-series-challenge-1-winners-announced) to see if they qualified for rewards.

**dYdX has listed $HOLO** from @HoloworldAI for trading with up to 5x leverage. Traders can now access the token through the platform's instant market listing feature. This follows recent additions of other tokens including Tesla tokenized stock ($TSLAX) and Sky Ecosystem ($SKY). **Key details:** - Available immediately on dYdX - Up to 5x leverage supported - Part of dYdX's expanding token offerings The exchange continues its pattern of adding new trading pairs to provide more options for users. [Start trading HOLO](https://dydx.trade/trade/HOLO-USD?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial)

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. [Read the full 2025 roadmap](https://www.dydx.xyz/blog/august-roadmap-update)

dYdX has launched Week 2 of their Weekly Challenge program, offering traders a $400 reward. To participate, users need to trade any of these boosted markets: - BONK - CRO - ERA - PUMP - ZORA This follows last week's Challenge 1, which required users to connect their wallet and deposit >$50. [Join the challenge](https://www.dydx.xyz/challenges)

dYdX has introduced instant market listings, allowing traders to create new markets without traditional barriers: - No approval process required - Zero listing fees - Immediate market deployment Since launching the Unlimited feature, the platform has seen 17 new markets listed, with potential for 500+ additional markets. This represents a significant shift toward decentralized market creation in the derivatives trading space. [Launch a new market on dYdX](https://dydx.trade/markets)

dYdX has launched Builder Codes, enabling developers to monetize onchain order flow without requiring permissions or approvals. **Key Features:** - Access to 200+ perpetual markets - Automatic fee earnings on filled orders - Fully onchain and transparent operation - Permission-less integration - Scalable with usage The system allows any application (wallets, bots, frontends, onramps) to earn fees by routing orders onchain. Developers can embed fees in their trade routing logic for automatic earnings on filled orders. **Integration Options:** - Web3 trading terminals - Mobile wallets - Telegram bots - Local-language frontends [Get started with the documentation](https://docs.dydx.xyz/interaction/integration/integration-builder-codes)

dYdX is preparing to distribute its first monthly rewards from the $50,000 prize pool for Season 1 Yappers. Active participants who have been engaging with the platform will soon receive their share of the rewards. - Monthly prize pool: $50,000 - Distribution: Coming soon - Eligibility: Active Yappers Check your ranking on the [official leaderboard](https://yaps.kaito.ai/dydx) to see where you stand.