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.
TGE DateSeptember 7, 2021
Total Supply1,000,000,000
CategoryDeFi
Transparency
LOWHIGH
ETHDYDX Tokenomics FAQ
Key questions and answers about dYdX tokenomics.
What is the token allocation for ETHDYDX?
dYdX token distribution allocates 1,000,000,000 ETHDYDX across 4 primary stakeholder groups:
- Investors: 27.73% (Investors 27.73%)
- Foundation: 26.11% (Community Treasury 26.11%)
- Community: 23.89% (Trading Rewards 14.47%, Retroactive Mining Rewards 5.03%, Liquidity Provider Rewards 3.28%)
- Insiders: 22.27% (dYdX Employees and Consultants 15.27%, Future Employees & Consultants 7.00%)
What is the vesting schedule for ETHDYDX?
ETHDYDX uses variable cliffs and vesting schedules that change depending on the allocation:
- Investors: 27 Month Cliff, 30 Month Linear Vesting
- Community Treasury: No information
- dYdX Employees and Consultants: 27 Month Cliff, 30 Month Linear Vesting
- Trading Rewards: 1.5% at TGE , 60 Month Linear Vesting
- Future Employees & Consultants: 27 Month Cliff, 30 Month Linear Vesting
- Retroactive Mining Rewards: 100.0% at TGE
- Liquidity Provider Rewards: 1.5% at TGE , 60 Month Linear Vesting
- Liquidity Staking Pool: 1.5% at TGE , 60 Month Linear Vesting
- Safety Staking Pool: 1.5% at TGE , 720 Month Linear Vesting
How many ETHDYDX tokens unlock at TGE?
5.3% of the total supply (53,200,000 ETHDYDX) is unlocked at TGE, with the entire unlock going to Community.
What is the total supply and circulating supply of ETHDYDX?
dYdX has a total supply of 1,000,000,000 ETHDYDX, of which 710,580,207 ETHDYDX (71.1% of total) is currently circulating.
What is the token emission schedule for ETHDYDX?
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.
What percentage of ETHDYDX is allocated to the community?
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.
What is dYdX (ETHDYDX)?
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.
