The dYdX Foundation announced on April 2 that it has passed the #372 on-chain community vote and will allocate $10 million USDC from the insurance fund to support DAO operations. The funds are allocated to the operating sub-DAO, the treasury sub-DAO, and the foundation for operations, reserves, and ecosystem development, respectively. The current insurance fund holds approximately $17 million USDC.

Gate News Update: On March 19, according to Onchain Lens monitoring, a certain whale opened a 20x leveraged long position in ETH using 9,786 ETH (valued at approximately $20.67 million) over the past 8 hours. The whale currently also holds a 20x leveraged long position in SOL and a 5x leveraged long position in DYDX, with total unrealized losses exceeding $6.85 million.

Gate News bot message, in the past 8 hours, a whale has opened a 20x $ETH long position with 9,786 $ETH, valued at $20.67M. The whale also holds 20x $SOL and 5x $DYDX long positions, and is currently sitting on a floating loss of over $6.858M.

Gate News Announcement: On March 11, the dYdX Foundation initiated an on-chain vote proposing to close 16 markets: PROVE, BRETT, ES, PROMPT, TREE, AERGO, ID, LUNC, ENJ, GALA, THETA, AIXBT, XTZ, STEEM, GAS, and NOT. The voting will end on March 13, 2026, at 14:21.

dYdX Foundation releases the 2025 Annual Report, showing that the ecosystem's trading volume exceeded $1.55 trillion, with Q4 2025 trading volume reaching $34.3 billion, the highest of the year. The report also notes that dYdX expanded Solana spot trading and increased buyback scale to 75% of net revenue. The focus is on supporting the growth and long-term development of on-chain derivatives.

Odaily Planet Daily reports that the dYdX Foundation announced that, following a community vote, the Surge Season 9 rewards distribution has been approved with an approval rate of 85.04%. It is reported that the total reward pool for Season 9 of DYDX is $320,784, funded entirely from the 50% fee rebate of the payment forward fee. Additionally, the dYdX Foundation stated that the Season 8 rewards will distribute 1,704,483 DYDX tokens from the community treasury to eligible users.

Foresight News: The dYdX Foundation announced on the X platform that after using 75% of protocol fee procedures for DYDX buyback proposals, approximately 7.5 million DYDX tokens have been repurchased so far, with a buyback value of about $1.35 million. The next buyback will be 1.78 million DYDX.

Gate News bot message, Perp DEX tokens have become one of the weakest sectors after memes following earlier resilience during the market dip. Top losers include $MYX down 12%, $HYPE down 11%, $ASTER down 8%, $DYDX down 6%, and $JUP down 4%. According to CryptoRank tags, 81% of tokens are down with o

Golden Finance reports that the decentralized derivatives protocol dYdX announced that the leading Meme coin BONK in the Solana ecosystem has become an official integrated partner of dYdX. On December 17, BONK launched a branded Web and Telegram frontend, allowing BONK and the broader Solana community users to seamlessly access perpetual contract trading supported by dYdX through this portal.

Golden Finance reports that the dYdX Foundation posted on platform X that the dYdX governance team is reviewing a proposal to distribute a total of $100,000 worth of DYDX tokens to the top 100 affected traders who incurred actual losses due to forced liquidations in the first two weeks of December. This is the first installment of the bi-weekly distribution under the community-approved $1 million liquidation rebate pilot program.