According to @dydxfoundation, Chaos Labs has put forward a proposal to allocate 2,377,049 DYDX from the Community Treasury to 1,969 eligible traders who participated in Season 4 of the dYdX Surge Program. The program's top performer earned $269,151 in DYDX tokens, highlighting significant trading incentives. This large-scale token distribution could increase DYDX liquidity and trading volumes, potentially impacting short-term price action and encouraging higher trader engagement on the dYdX platform. Source: @dydxfoundation

According to dYdX (@dYdX), the exchange is launching the dYdX Surge Program, distributing $2 million in rewards every month until the end of 2025. This initiative, confirmed on their official Twitter account, targets active traders and liquidity providers, aiming to boost platform engagement and on-chain trading volumes. The consistent rewards pool is expected to increase trading activity and liquidity on dYdX, positioning it as a leading decentralized derivatives exchange and potentially influencing overall DeFi market momentum. Source: dYdX (@dYdX) Twitter, May 18, 2025.