governance proposal 318 Flash News List | Blockchain.News
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List of Flash News about governance proposal 318

Time Details
2025-11-19
07:04
dYdX Governance Vote Sets Default Funding Rate to 0 for FARTCOIN, RAYDIUM (RAY), PUMP, and ZORA Perpetuals — What Traders Should Know

According to @dydxfoundation, the community approved setting the default funding rate to 0 for FARTCOIN, RAYDIUM (RAY), PUMP, and ZORA markets on dYdX, as recorded under Governance Proposal 318. Source: @dydxfoundation; Mintscan Proposal 318. This parameter change means these perpetual markets will have a zero default funding setting, removing any preset positive or negative funding bias defined by that default parameter. Source: @dydxfoundation; Mintscan Proposal 318. Funding payments on dYdX perpetuals are periodic transfers between longs and shorts designed to keep contract prices anchored to the index, so a zero default setting neutralizes the preset component of those payments for these markets. Source: dYdX Documentation.

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