Launch Incentives Season 1 Distribution

A few months ago, we published a blog post detailing the Launch Incentives Program proposed and adopted by the governance community of the dYdX Chain, and managed by Chaos Labs. That program set aside $20M of the DYDX Community Treasury to be distributed over the course of six months. With Season 1 of this program coming to a close, Chaos Labs initiated an on-chain proposal to distribute $5M in total rewards across 2006 accounts. The governance community voted and the proposal passed on February 2nd, and allows eligible traders to claim their rewards! The complete list of accounts and their respective incentive allocations is available here.

The dYdX Chain is made available via the dYdX Ops subDAO front end, and each of the topics discussed herein is subject to change by the applicable governance community (the “Governance Community”). We recommend traders review any documents published by the Governance Community for the most up-to-date information. This blog post is merely intended to provide information about the open-source software that we are developing, which can be adopted by any Governance Community.

Chaos Labs plans to continue to provide recommendations at the end of each season on the distribution of incentives to individual accounts. The recommendations, along with the end-of-season report and relevant data, are openly published on the Chaos Labs blog. You can also look up dYdX addresses in the dYdX Chaos Labs Risk Portal to view their point accumulation. At the end of each season, accounts will receive rewards proportional to the points they’ve accumulated.

Furthermore, with the conclusion of Season 1, traders have now been placed into various Trading Leagues ranging from Bronze to Platinum with the higher leagues offering higher prize pools for Season 2! Happy trading!

The Launch Incentives Program was designed and approved by the DYDX governance community.

Liquid staking now live via Stride!

Traders could now have the option to liquid stake their tokens, just in time for the $5M launch incentives distribution! Liquid staking is provided by Stride’s integration with dYdX chain. This enables traders to stake $DYDX and receive stDYDX while the native token is bonded. Liquid staking via Stride and regular staking via Keplr offer traders flexibility in how they want to utilize their applicable layer 1 tokens. Liquid staking is discoverable via the front-end software but only available via Stride’s third-party site, independent from and unaffiliated with dYdX. Please find more information about the in-app support for liquid staking roadmap here.

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January 24, 2025
Last Update:
February 8, 2024

Disclaimer

© 2025 dYdX International Ltd. All rights reserved.

dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to other Restricted Persons. All use of dYdX software is subject to the dYdX Software Terms of Use. 

dYdX International Ltd ("DI"), dYdX Trading Inc. dba dYdX Labs (“dYdX Labs”) and their affiliates do not develop, control or participate in the operation of any component of the dYdX protocol for public use.

To the extent this content describes anticipated features in the open source dYdX software, the implementation of these features in any live deployment of dYdX software will be decided by the relevant deployer community. 

The information provided herein is for general informational purposes only, and DI reserves the right to update, modify, or amend any contents herein, at its sole discretion and without prior notice. Nothing herein should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act in any way by anyone.

Engaging in any activity involving crypto-assets (including staking, trading crypto assets and depositing into the MegaVault) is risky due to high volatility. Returns are not guaranteed and may fluctuate over time depending on multiple factors, and you may lose your entire investment, particularly when using leverage. The inclusion of any launchable market on dYdX does not represent endorsement of the projects and all listings are community-driven. You should perform your own research and due diligence before engaging in any activity involving crypto-assets. In no event will DI, dYdX Labs or their affiliates be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, arising from or in connection with the use of this content. By continuing to access this content, you agree to the above and accept the possibility of changes in the information provided.

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dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to other Restricted Persons. All use of dYdX software is subject to the dYdX Software Terms of Use.

dYdX International Ltd ("DI"), dYdX Trading Inc. dba dYdX Labs (“dYdX Labs”) and their affiliates do not develop, control or participate in the operation of any component of the dYdX protocol for public use.

To the extent this content describes anticipated features in the open source dYdX software, the implementation of these features in any live deployment of dYdX software will be decided by the relevant deployer community.

The information provided herein is for general informational purposes only, and DI reserves the right to update, modify, or amend any contents herein, at its sole discretion and without prior notice. Nothing herein should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act in any way by anyone.

Engaging in any activity involving crypto-assets (including staking, trading crypto assets and depositing into the MegaVault) is risky due to high volatility. Returns are not guaranteed and may fluctuate over time depending on multiple factors, and you may lose your entire investment, particularly when using leverage. The inclusion of any launchable market on dYdX does not represent endorsement of the projects and all listings are community-driven. You should perform your own research and due diligence before engaging in any activity involving crypto-assets. In no event will DI, dYdX Labs or their affiliates be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, arising from or in connection with the use of this content. By continuing to access this content, you agree to the above and accept the possibility of changes in the information provided.

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