🧮DYDX Token Allocation
An overview of the $DYDX token allocation.

Current Allocations
A total of 1,000,000,000 $DYDX
have been minted on August 3rd, 2021, at 15:00:00 UTC, and started to become accessible over five (5) years. The current allocation of the total supply of $DYDX is as follows:
50.0% (
500,000,000 $DYDX
) to the community as follows:26.1% (
261,133,225 $DYDX
) to the Community Treasury,14.5% (
144,693,506 $DYDX
) based on the Trading Rewards Formula,5.0% (
50,309,197 $DYDX
) to past users who complete certain trading milestones on the dYdX Layer 2 Protocol (Retroactive Mining Rewards),3.3% (
32,794,525 $DYDX
) based on the Liquidity Provider Rewards Formula(s),0.6% (
5,779,608 $DYDX
) to users staking $USDC to a Liquidity Staking Pool,0.5% (
5,289,939 $DYDX
) to users staking $DYDX to a Safety Staking Pool,
27.7% (
277,295,070 $DYDX
) to past investors of dYdX Trading Inc.,15.3% (
152,704,930 $DYDX
) to founders, employees, advisors, and consultants of dYdX Trading Inc. or dYdX Foundation, and7.0% (
70,000,000 $DYDX
) to future employees and consultants of dYdX Trading Inc. or the dYdX Foundation.
Although the community allocation has been established as laid out above, $DYDX holders have full control, via governance, over how it is used going forward.
Initial Allocations and Changes
The initial five-year allocation of the total supply of $DYDX was as laid out below, it was then followed by several governance proposals that changed the initial allocation:
50.0% (
500,000,000 $DYDX
) to the community as follows:5.0% (
50,000,000 $DYDX
) to a Community Treasury,25.0% (
250,000,000 $DYDX
) based on the Trading Rewards Formula,In DIP 16 and DIP 20, the dYdX community voted to reduce trading rewards by a total of 2.3M $DYDX. (958,904 $DYDX from DIP 16 and 1,294,520 $DYDX from DIP 20). The 2.3M $DYDX will accrue in the Rewards Treasury and can be used by the dYdX community with a governance vote.
In DIP 29, the dYdX community voted to reduce trading rewards by ⅓ from Epoch 30-32 on dYdX v3 to the following values:
Epoch 30: 1,054,795 $DYDX
Epoch 31: 527,398 $DYDX
Epoch 32: 0 $DYDX
7.5% (
75,000,000 $DYDX
) to past users who complete certain trading milestones on the Layer 2 protocol (Retroactive Mining Rewards),After Epoch 0, 24,690,803 unclaimed $DYDX from the Retroactive Mining rewards program were transferred to the Community Treasury.
7.5% (
75,000,000 $DYDX
) based on the Liquidity Provider Rewards Formula(s),In DIP 24, the dYdX community voted to reduce Liquidity Provider rewards by 50% from 1,150,685 $DYDX per epoch to 575,343 $DYDX per epoch. The excess 575,342 $DYDX per epoch will accrue in the Rewards Treasury and can be used by the dYdX community with a governance vote.
In DIP 29, the dYdX community voted to reduce Liquidity Provider rewards by ⅓ from Epoch 30-32 on dYdX v3 to the following values:
Epoch 30: 383,562 $DYDX
Epoch 31: 191,781 $DYDX
Epoch 32: 0 $DYDX
2.5% (
25,000,000 $DYDX
) to users staking $USDC to a Liquidity Staking Pool,In DIP 14, the dYdX community voted to set the rewards associated with staking $USDC to 0. The 383,562 $DYDX previously distributed to $USDC stakers will accrue in the Rewards Treasury and can be used by the dYdX community with a governance vote.
2.5% (
25,000,000 $DYDX
) to users staking $DYDX to a Safety Staking Pool,In DIP 17, the dYdX community voted to set the rewards associated with staking $DYDX to 0. The 383,562 $DYDX previously distirbuted to $DYDX stakers will accrue in the Rewards Treasury and can be used by the dYdX community with a governance vote.
27.7% (
277,295,070 $DYDX
) to past investors of dYdX Trading Inc.,15.3% (
152,704,930 $DYDX
) to founders, employees, advisors, and consultants of dYdX Trading Inc. or dYdX Foundation, and7.0% (
70,000,000 $DYDX
) to future employees and consultants of dYdX Trading Inc. or dYdX Foundation.
Liquid Supply Curve of $DYDX
On September 8, 2021, the initial transfer restrictions on the DYDX token were lifted.
The following chart shows the total liquid supply of DYDX over time:

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