Trading Rewards
Overview of the Trading Rewards program.
25.00% of the initial token supply (250,000,000 DYDX) will be distributed to users who trade on the dYdX Layer 2 Protocol based on fees paid.
Objectives
  • Incentivize all traders to use the dYdX Layer 2 Protocol.
  • Accelerate market liquidity and overall product usage.

Overview

Fees paid and estimated rewards in a given epoch
DYDX will be distributed to traders based on fees paid on the dYdX Layer 2 Protocol. DYDX will be distributed on a 28-day epoch basis over five years and is not subject to any vesting or lockups. 3,835,616 DYDX will be distributed per epoch.
r=R×wnwn  ,n=1,2...kr=R\times \frac{w}{\sum\limits _{n} w_{n}} \ \ ,n=1,2...k
Term
Definition
r
Reward for a specific trader.
R
Total reward to be split between all traders in the pool for the epoch.
f
Total fees paid by a trader in this epoch.
w
Individual trader score.
nwn{\sum\limits _{n} w_{n}}
Sum of all trader scores.
k
Total number of traders in this epoch.
In DIP-13, the dYdX Community voted to simplify the formula to be based on total fees paid by a trader in a given epoch.

FAQ

Who is eligible for trading rewards?

All traders on the dYdX Layer 2 protocol are eligible to receive DYDX as trading rewards.
The dYdX Layer 2 Protocol is not available to traders in the United States or Restricted Territories, as defined in dYdX Trading Inc.’s Terms of Use.

How much DYDX did I earn in the Trading Rewards program?

In the current epoch, users can see fees paid and estimated trading rewards at trade.dydx.exchange/portfolio/rewards where users' trading data exists.
Fees paid and estimated rewards in a given epoch
Rewards from past epochs can be viewed at dydx.community/history/rewards.

How do I claim my Trading Rewards? When can I withdraw and transfer my earned DYDX?

Earned DYDX tokens via Trading Rewards will be transferable at the end of each epoch. DYDX token holders are required to wait approximately 7 days (Waiting Period) after the end of the epoch to claim their tokens. Once tokens have been claimed, they can be used for dYdX governance.
Traders can claim their trading rewards at the end of every epoch, after the Waiting Period, here.
Users will need to click on "Claim", sign a transaction, and pay gas fees to claim DYDX.
Portfolio overview of rewards
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Outline
Overview
FAQ
Who is eligible for trading rewards?
How much DYDX did I earn in the Trading Rewards program?
How do I claim my Trading Rewards? When can I withdraw and transfer my earned DYDX?