List of Flash News about proposal 315
| Time | Details |
|---|---|
| 04:29 |
dYdX Governance Proposal 315 Passes: Default Funding Rate Set to 0 for EIGEN, ENA, HYPE, KAITO, MNT, MORPHO, MOVE, ONDO Perpetuals
According to @dydxfoundation, the community approved setting the default funding rate to 0 for EIGEN, ENA, HYPE, KAITO, MNT, MORPHO, MOVE, and ONDO perpetual markets on dYdX; Source: dYdX Foundation on X (Nov 17, 2025) and Mintscan proposal 315 https://www.mintscan.io/dydx/proposals/315. This update sets the default funding rate parameter to zero for these pairs, a setting that determines the baseline periodic payment between longs and shorts when the default applies; Source: dYdX Foundation on X (Nov 17, 2025) and Mintscan proposal 315 https://www.mintscan.io/dydx/proposals/315. For traders, a 0% default funding rate means no initial funding transfer under the default condition, keeping carry neutral until market-calculated funding deviates, which can reduce early carry costs; Source: dYdX Docs on funding rate mechanics https://docs.dydx.community. |