dYdX Foundation: Since August 2025, the grant program has been launched, achieving an annualized cost savings of approximately $2 million.

2025-12-05 07:30:14

According to Jinse Finance, the dYdX Foundation announced on Platform X that starting from August 2025, the dYdX Foundation has launched a Grants Program aimed at strengthening accountability mechanisms, building transparency, and tracking impact.

In the first three months since the project launch, through contract renewals, renegotiations, and terminations linked to impact, an annualized cost saving of approximately $2 million has been achieved.

Recent grant updates include: funding OEGS to support low-latency and fair-access trading services; supporting the Free Deposit initiative to enable zero-fee cross-chain bridging between Ethereum and Layer 2s (L2s); and funding related research to provide decision-making support for BTC and SOL trading fee reduction campaigns, which is estimated to have driven approximately a 2x increase in trading volume.

DYDX-0.58%

ETH0.04%

BTC-0.99%

SOL-0.8%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

Reward
like
1
Repost
Share

Comment

0/400

TheSimplestPathLeadsToThe

· 2025-12-28 13:08

They're almost bankrupt themselves, yet they still fund this and that every day, sucking the blood from their own platform tokens. DYDX is a typical pig-brained project team.

View OriginalReply0

GateNewsBot

Data: ETH ancient whales with costs below $400 have repeatedly profited and escaped, after which the coin price often peaks periodically.

1h ago

Zhang Zhengwen: Short-term controversies will eventually pass; focus on Neo's continuous development and long-term growth.

1h ago