Order Router Rev Share

Order Router Rev Share enables third-party order routers to direct orders to dYdX and earn a portion of the trading fees (maker and taker).

For detailed technical specifications, including integration steps, see here.

Governance

• To enable an Order Router Rev Share, the interested party must submit a governance proposal and obtain approval from the dYdX community. The steps are generally in line with the Proposal Lifecycle.

• Below is the example JSON for the Order Router Rev Share:

{
  "messages": [
    {
      "@type": "/dydxprotocol.revshare.MsgSetOrderRouterRevShare",
      "authority": "dydx10d07y265gmmuvt4z0w9aw880jnsr700jnmapky",
      "order_router_rev_share": {
        "address": "{Insert}", // insert dYdX Chain address where the revenue is going to be routed to
        "share_ppm": 500000
      }
    }
  ],
  "deposit": "2000000000000000000000adydx",
  "metadata": "",
  "title": "Add order router rev share for {Insert}", // insert your project's name
  "summary": "Add order router rev share for {Insert}" // insert your project's name
}