According to dYdX Foundation, an on-chain governance vote is live to decide whether to extend the Loss Rebate Pilot Program for one additional month, with voting ending on Dec 25, 2025 at 01:45 UTC, source: dYdX Foundation on X (Dec 23, 2025). The vote is listed as Proposal 333 on the dYdX Chain and can be tracked via Mintscan for real-time status and tallies, source: Mintscan proposal 333 link shared by dYdX Foundation on X. Community discussion and context for the proposal are available in the linked dYdX Forum thread, source: dYdX Foundation on X linking to the dYdX Forum thread. For DYDX token (DYDX) governance participants and active dYdX traders, the outcome determines whether the Loss Rebate Pilot Program continues for an additional month, making the posted deadline a key timing reference for trading and governance actions, source: dYdX Foundation on X describing the extension vote.

According to @dydxfoundation, an on-chain governance vote is live to extend a 100% fee discount, meaning free trading, for BTC and SOL perpetual contracts on dYdX through January 2026. source: dYdX Foundation. The vote ends on December 24, 2025 at 15:04 UTC as noted in the announcement and the on-chain proposal page. source: dYdX Foundation; Mintscan proposal 332. If approved, venue fees on BTC-PERP and SOL-PERP on dYdX would be set to zero for the specified period, directly reducing per-trade costs for those markets. source: dYdX Foundation. Traders should monitor the tally into the deadline and prepare fee-sensitive order routing and risk parameters around the outcome timing to capture potential zero-fee execution on BTC and SOL perps on dYdX. source: dYdX Foundation; Mintscan proposal 332.

According to dYdX Foundation, on chain derivatives are clearing nearly 1 trillion dollars per month, and its December 2025 Analyst Call reviews year end market conditions, a dYdX protocol overview, and an update on DYDX token buybacks (source: dYdX Foundation, Dec 23, 2025). The agenda lists trading fee discounts and fee holidays for BTC and SOL, which directly change trading costs on dYdX for active markets (source: dYdX Foundation, Dec 23, 2025). Additional topics include BONK integration with dYdX, Solana spot trading, FOXIFY integration, a Crypto.com campaign, Surge Season 9, and an ecosystem map, with a guest segment featuring the President of dYdX Labs (source: dYdX Foundation, Dec 23, 2025). The call is hosted by dYdX Foundation CEO Charles dHaussy and also covers IRL events in Abu Dhabi and a Q and A segment (source: dYdX Foundation, Dec 23, 2025).

According to @dydxfoundation, an on-chain governance vote is live to approve renewing and extending the dYdX Surge Rewards Program for six months starting January 1, 2026, with the vote ending on December 24, 2025 at 02:49 UTC (source: @dydxfoundation). The proposal is listed as Proposal 331 on Mintscan for the dYdX Chain, providing the on-chain details and status (source: Mintscan Proposal 331). Additional context and discussion are available via the referenced dYdX forum thread (source: dYdX forum). DYDX holders eligible to vote can participate on-chain before the deadline to determine whether the Surge Rewards Program continues into H1 2026 (source: @dydxfoundation; source: Mintscan Proposal 331).

According to @dydxfoundation, the community approved the first distribution of the Liquidation Rebates Pilot Program, with the proposal marked Passed on the dYdX Chain governance page on Mintscan (source: @dydxfoundation; Mintscan dYdX proposal 329). For traders, this confirms the initial liquidation rebate distribution under the pilot can move forward as authorized by governance, a milestone to monitor for on-chain execution and resulting account-level cash flows once processed (source: @dydxfoundation; Mintscan dYdX proposal 329).

According to @dydxfoundation, the community has approved the first distribution of the Liquidation Rebates Pilot Program, indicating a Passed governance outcome for initiating rebate payouts on the dYdX Chain perpetual markets (source: dYdX Foundation on X, Dec 20, 2025). According to @dydxfoundation, the announcement links to governance Proposal 329, which is displayed as Passed on the dYdX network’s Mintscan page, confirming on-chain approval of the distribution (source: Mintscan dYdX Proposal 329 as referenced by dYdX Foundation on X, Dec 20, 2025). According to @dydxfoundation, traders should track the Proposal 329 page for execution updates and timing of the distribution to assess potential effects on liquidation-related flows on dYdX markets (source: dYdX Foundation on X, Dec 20, 2025, and Mintscan dYdX Proposal 329).

According to @dydxfoundation, an on-chain governance vote is live to extend the 100% fee discount (free trading) for BTC-USD and SOL-USD perpetual markets on dYdX through January 2026, with voting ending on December 21, 2025 at 09:31 UTC, source: dYdX Foundation on X dated Dec 20, 2025; dYdX Forum thread; Mintscan dYdX Proposal 330. If approved, BTC-USD and SOL-USD perps on dYdX will remain at 0 trading fees through January 2026 as described in the proposal materials, source: dYdX Foundation on X; dYdX Forum; Mintscan dYdX Proposal 330. Traders can review the proposal details and timeline via the dYdX Forum and the on-chain Mintscan listing to align execution plans around the vote deadline, source: dYdX Forum; Mintscan dYdX Proposal 330.

According to @dydxfoundation, the final Analyst Call of 2025 hosted by dYdX Foundation and dYdX Labs starts in 3 hours (Source: dYdX Foundation on X, Dec 18, 2025: https://twitter.com/dydxfoundation/status/2001627268410675471). The call will deliver a detailed review of year-end protocol performance, ecosystem developments, and strategic priorities entering 2026 (Source: dYdX Foundation on X, Dec 18, 2025: https://x.com/dydxfoundation/status/2000551852887474503). Registration and the virtual event link are available at luma.com/9n2qc178 (Source: event page and dYdX Foundation announcement: https://luma.com/9n2qc178). Traders tracking the dYdX derivatives ecosystem can join via the event link to obtain official performance metrics and roadmap updates directly from the team (Source: dYdX Foundation on X, Dec 18, 2025: https://x.com/dydxfoundation/status/2000551852887474503; event page: https://luma.com/9n2qc178).

According to @dydxfoundation, the dYdX community vote has passed to remove the Megavault Operator and set related parameters, confirming the decision on-chain under Proposal 328. Source: dYdX Foundation on X, Dec 17, 2025; Mintscan dYdX Proposal 328. This outcome finalizes the approved governance change for the Megavault as recorded by the proposal, providing traders with an official reference point for operational updates tied to the Megavault. Source: Mintscan dYdX Proposal 328. Market participants can review the enacted parameter details and status directly on the proposal page to align DYDX positioning and liquidity decisions with the confirmed governance outcome. Source: Mintscan dYdX Proposal 328.

According to @dydxfoundation, the dYdX community passed Governance Proposal 327 to update the sliding affiliate fee tier feature parameters on the dYdX Chain, with the vote status recorded as Passed (source: @dydxfoundation on X; source: Mintscan Proposal 327). The approved action specifically updates the parameter settings for the sliding affiliate fee tier mechanism as documented in Proposal 327 (source: Mintscan Proposal 327).

According to @dydxfoundation, an on-chain governance vote is live asking whether to approve the first distribution of the Liquidation Rebates Pilot Program, with voting ending on Dec 19, 2025 at 05:55 UTC. Source: https://twitter.com/dydxfoundation/status/2001186439560822789 The proposal is listed as dYdX Chain Governance Proposal 329 on Mintscan, where participants can verify voting status, quorum, and timeline. Source: https://www.mintscan.io/dydx/proposals/329 Further program details and context are outlined in the community forum thread titled Liquidation Rebate Program – First Distribution. Source: https://dydx.forum/t/liquidation-rebate-program-first-distribution/4924 For trading and governance planning, DYDX holders and dYdX traders should review the proposal materials and monitor the on-chain vote ahead of the deadline to assess any operational impacts once the distribution is approved or rejected. Sources: https://twitter.com/dydxfoundation/status/2001186439560822789, https://www.mintscan.io/dydx/proposals/329, https://dydx.forum/t/liquidation-rebate-program-first-distribution/4924

According to dYdX Foundation, dYdX Governance is considering a proposal to distribute $100,000 in DYDX to the top 100 traders most impacted by realized liquidation losses during the first two weeks of December, source: dYdX Foundation on X; dYdX Governance Forum. This would be the first biweekly tranche of a month-long, $1 million liquidation rebate pilot that has been approved by the community, source: dYdX Foundation on X; dYdX Governance Forum. Eligibility focuses on realized liquidation losses in the specified period, with distributions denominated in DYDX as outlined in the proposal, source: dYdX Foundation on X; dYdX Governance Forum. Participants can track governance deliberation and any finalized allocations via the referenced forum thread to align trading plans with the program’s execution timeline, source: dYdX Governance Forum; dYdX Foundation on X.

According to dYdX Foundation, Surge Season 9 is now live and includes free trading on BTC and SOL markets. Source: dYdX Foundation on X, Dec 17, 2025. According to dYdX Foundation, UI and API traders receive 50% fee rebates during this season. Source: dYdX Foundation on X, Dec 17, 2025. According to dYdX Foundation, the season introduces a 1 million dollar liquidation-rebate program intended to deepen participation. Source: dYdX Foundation on X, Dec 17, 2025. According to dYdX Foundation, Surge remains a governance-driven mechanism to scale activity, reward usage, and strengthen liquidity across dYdX, with live markets available at dydx.trade. Source: dYdX Foundation on X, Dec 17, 2025.

According to Charles d’Haussy, ADGM’s assets under management grew 48% and he argues that regulatory clarity—not laxity—is attracting institutional capital to Abu Dhabi as a new capital-of-capital, with implications for compliant crypto liquidity hubs (source: Charles d’Haussy, X post, Dec 16, 2025). He ties these takeaways to December 2025 activities around AD Finance Week, SolanaConf, and a dYdX x CoinRoutes and GammaPrime session, indicating heightened institutional engagement with those ecosystems (source: Charles d’Haussy, X post, Dec 16, 2025). For traders, his message emphasizes monitoring compliant venues and ecosystems connected to those events for participation and depth shifts, notably where Solana (SOL) and dYdX (DYDX) communities are active (source: Charles d’Haussy, X post, Dec 16, 2025).

According to @CoinMarketCap, dYdX has launched spot crypto trading on Solana and opened access to U.S. traders for the first time, after previously focusing entirely on derivatives; source: CoinMarketCap post on X dated Dec 11, 2025. This adds a new Solana-based spot venue tied to the dYdX brand and expands market access for SOL and DYDX pairs, creating additional liquidity routes for traders; source: CoinMarketCap post on X dated Dec 11, 2025.

According to Charles d'Haussy, SOL spot trading has launched on dYdX, announced on Dec 11, 2025 (source: Charles d'Haussy on Twitter, Dec 11, 2025, https://twitter.com/charlesdhaussy/status/1999173453849714777). The post provides a direct access link indicating immediate availability for SOL spot execution on dYdX (source: Charles d'Haussy on Twitter, Dec 11, 2025, https://twitter.com/charlesdhaussy/status/1999173453849714777). The announcement does not include details on supported pairs, fees, or liquidity, so traders should confirm specifics via the linked page before placing orders (source: Charles d'Haussy on Twitter, Dec 11, 2025, https://twitter.com/charlesdhaussy/status/1999173453849714777).

According to @dydxfoundation, an on-chain governance vote is live to decide whether to approve updates to the sliding Affiliate fee tier feature parameters, with voting scheduled to end on Dec 13, 2025 at 03:39 UTC. Source: dYdX Foundation on X (Dec 11, 2025) https://twitter.com/dydxfoundation/status/1999023569762922893 The measure is listed as Proposal 326 on Mintscan for the dYdX network, which provides the official ballot and timeline for participants. Source: Mintscan dYdX Proposal 326 https://www.mintscan.io/dydx/proposals/326

According to dYdX Foundation, an on-chain governance vote has been created asking whether to approve adding order router revenue share for BONK, with voting scheduled to end on Dec 13, 2025 at 02:39 UTC (source: dYdX Foundation on X; Mintscan proposal 325). According to dYdX Foundation, the proposal explicitly concerns revenue share associated with the order router and identifies BONK as the token under consideration (source: dYdX Foundation on X; Mintscan proposal 325). According to the source, the live proposal status, timeline, and final tally can be tracked on Mintscan to monitor the outcome ahead of the deadline (source: Mintscan proposal 325).

According to @dydxfoundation, dYdX governance is discussing a native Solana SOL spot trading experience on the community-owned frontend hosted by the dYdX Operations subDAO, source: dYdX Foundation on X, Dec 10, 2025. The governance post outlines that spot markets would be routed and priced directly on Solana, expanding multi-chain access for users, source: dYdX forum thread Soon: Solana spot trading on dYdX Trade. The post adds that this approach opens up new cross-chain liquidity opportunities alongside existing perpetuals on dYdX Trade, source: dYdX Foundation on X, Dec 10, 2025, and dYdX forum thread Soon: Solana spot trading on dYdX Trade. Community members are invited to join the discussion at dydx.forum/t/soon-solana-spot-trading-on-dydx-trade/4909, source: dYdX Foundation on X, Dec 10, 2025.

According to @dydxfoundation, dYdX governance is reviewing a proposal to approve BONK as an official integration partner under the Partner Revenue Share Program, source: dYdX Foundation on X, Dec 8, 2025. The proposal includes a dedicated BONK-powered frontend that would route orders to the dYdX Chain, source: dYdX Foundation on X, Dec 8, 2025. Under the plan, 50% of protocol fee revenue from BONK-attributed order flow would be shared via the order router revenue share framework, source: dYdX Foundation on X, Dec 8, 2025 and dYdX Forum discussion linked by the foundation. The discussion and detailed terms are hosted on the dYdX governance forum, indicating the measure is under community consideration and not yet enacted, source: dYdX Forum discussion linked by dYdX Foundation on X.