dYdX Tokenomics Overview
Full dYdX tokenomics breakdown: ETHDYDX token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
Full dYdX tokenomics breakdown: ETHDYDX token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Key questions and answers about dYdX tokenomics.
dYdX token distribution allocates 1,000,000,000 ETHDYDX across 4 primary stakeholder groups:
ETHDYDX uses variable cliffs and vesting schedules that change depending on the allocation:
5.3% of the total supply (53,200,000 ETHDYDX) is unlocked at TGE, with the entire unlock going to Community.
dYdX has a total supply of 1,000,000,000 ETHDYDX, of which 703,601,414 ETHDYDX (70.4% of total) is currently circulating.
Total length of the full dYdX emission schedule is 6 years, with 8.41% released in Year 1, while the remaining 65.45% is released over the following 5 years.
23.9% of the dYdX supply is allocated to community focused pools such as Trading Rewards, Retroactive Mining Rewards, Liquidity Provider Rewards, and Liquidity Staking Pool.
dYdX ETHDYDX tokenomics drives the leading decentralized exchange protocol specializing in perpetual futures, margin trading, and spot trading with traditional order book mechanics. The protocol operates as a non-custodial, community-governed platform eliminating intermediaries through smart contract execution. ETHDYDX holders participate in DAO governance, vote on protocol updates, and receive trading commission discounts based on token holdings. The token economics include staking rewards on dYdX Chain through Proof-of-Stake consensus, where validators earn 100% of protocol fees.
