dydx

According to Onchain Lens monitoring, a giant whale opened a 20x leveraged long position of 13,000 ETH through two different wallets, worth approximately 28.67 million USD, while also holding a 20x leveraged long position of 286,153 SOL and a small amount of 5x leveraged long positions in DYDX.

The dYdX community voted to approve the proposal to "gradually close 12 markets," with a support rate of 91.07%. The proposal includes the gradual closure of the following 12 trading markets: JASMY-USD, KOMA-USD, LINEA-USD, ME-USD, NEIRO-USD, PIPPIN-USD, RAY-USD, TRB-USD, TRY-USD, USDE-USD, YFI-USD, ZEREBRO-USD.

The dYdX Foundation announced that #372 community on-chain voting has passed, approving the use of the Insurance Fund to provide financial support for the DAO.The proposal specifically involves transferring 10 million USDC from the dYdX chain insurance fund to three different entities: 2.5 million USDC to the dYdX operational sub-DAO as operational funds, 5 million USDC to the dYdX treasury sub-DAO as discretionary reserves, and 2.5 million USDC to the dYdX Foundation for ecosystem development and governance support. The insurance fund currently holds approximately 17 million USDC, of which about 7 million USDC serves as a protocol security buffer.

According to PRNewswire, the dYdX Foundation has released the 2025 dYdX Ecosystem Annual Report, which outlines the protocol activity, development, governance execution, and ecosystem growth of the ecosystem. The report shows that its historical cumulative trading volume has surpassed $1.55 trillion, with a trading volume of $34.3 billion in the fourth quarter of 2025, marking the highest quarterly volume of the year, while the trading volume in the second quarter was approximately $16 billion.In terms of product expansion, dYdX has launched Solana native spot trading and, with governance approval, has expanded the buyback scale to 75% of the protocol's net revenue. In execution, distribution, and governance, dYdX continues to focus on building a lasting foundation to support ongoing participation and long-term development as on-chain derivatives continue to grow and mature.

The dYdX Foundation stated that since the proposal to "allocate 75% of protocol revenue for DYDX buybacks" was voted on and approved on November 13, approximately 7.5 million DYDX have been repurchased, with a total repurchase value of about 1.35 million USD. The next buyback will be for 1.78 million DYDX.

According to The Block, the decentralized derivatives platform dYdX has officially launched its first spot trading product, starting with Solana (SOL) trading pairs, and has opened platform access to U.S. users for the first time.Although U.S. users still cannot use perpetual contracts at this time, the official statement indicates that they will continue to monitor the regulatory developments from the SEC and CFTC and evaluate potential future options.

The dYdX community will launch a one-month liquidation rebate pilot program starting on December 1, 2025, through a new proposal called the "Liquidation Rebate Pilot Program." This program will reward traders who experience liquidation events with points and rebates, up to a maximum of $1 million.

According to the token unlocking data from the crypto asset data platform RootData, dYdX (DYDX) will unlock approximately 4.17 million tokens at 00:00 Beijing time on December 1, worth about 1 million USD.

The decentralized trading platform dYdX announced that, based on the results of a community vote, it will increase the proportion of protocol fees used for repurchasing $DYDX tokens from 25% to 75%. This policy has taken effect today, meaning that 75% of the fees collected by the protocol will be directly used to repurchase DYDX tokens on the open market.

ChainCatcher news, according to a report by Reuters, dYdX President Eddie Zhang stated in an interview that dYdX is preparing to enter the U.S. market by the end of the year. This shift means that the decentralized exchange (DEX) will be open to U.S. users who previously could not access it.Zhang stated, "The platform plans to expand its trading products and will launch spot trading for Solana and other related cryptocurrencies in the U.S. by the end of the year. After entering the U.S. market, dYdX plans to significantly reduce trading fees by up to half, bringing them down to between 50 and 65 basis points. Perpetual contracts will not be launched in the U.S., but dYdX hopes that U.S. regulators will eventually provide guidance for decentralized platforms to offer these products."

ChainCatcher message, a new proposed proposal has appeared on the dYdX community forum, which includes using 100% of dYdX's net trading fees for DYDX token buybacks to enhance token value accumulation, with a plan for a three-month experimental trial.Currently, the dYdX Chain allocates net trading fees as follows: 25% for DYDX buybacks, 40% for staking rewards for validators and stakers, 25% for Megavault liquidity, and 10% goes to the treasury. The proposal will be formally submitted on November 3.

ChainCatcher news, according to the token unlocking data from the crypto asset data platform RootData, dYdX (DYDX) will unlock approximately 4.17 million tokens at 0:00 Beijing time on November 1, worth about 1.39 million USD.

ChainCatcher message, dYdX announced that it will release a major announcement.

ChainCatcher news, according to token unlocking data from the crypto asset data platform RootData, dYdX (DYDX) will unlock approximately 4.17 million tokens at 00:00 Beijing time on October 1, worth about 2.53 million USD.

ChainCatcher news, the Switzerland-based cryptocurrency exchange-traded product issuer 21 Shares has announced the launch of the first fund linked to dYdX, the 21 Shares dYdX ETP. It is reported that the product will be listed on the Euronext Paris and Euronext Amsterdam, with the stock code DYDX.

ChainCatcher message, the dYdX Foundation announced on the X platform that the dYdX community has voted to approve the v9 software upgrade.It is reported that this version includes the following major changes: TWAP (Time Weighted Average Price) order support, order router revenue sharing, and proposer set reduction.