Summary
This proposal seeks community approval to distribute 333,333.27 DYDX tokens from the dYdX Chain Community Treasury to qualifying users for Season 13 of the dYdX Surge Program.
For Season 13, the total reward pool is $50,000 in DYDX, to be distributed to 100 eligible traders under the Liquidation Rebate Program.
Abstract
In accordance with the dYdX Surge Renewal Proposal, CryptoLearningClub (CLC), with support from dYdX Labs, is responsible for analyzing seasonal trading data and providing recommendations for incentive distributions.
For Season 13, CLC conducted a detailed review of on-chain trading activity to ensure rewards are allocated to accounts engaging in genuine and organic trading, liquidation, and P&L activity. This analysis includes identifying and excluding behavior indicative of artificial volume generation or wash trading.
Specification
- We propose distributing $50,000 in DYDX (equivalent to 333,333.27 DYDX, calculated using a 7-day TWAP of $0.15) for the Liquidation Rebate Program in April, allocated proportionally to the top 100 eligible addresses with the largest realized liquidation losses.
- The distribution will be executed via a claim-based flow implemented on dydx.xyz, with eligible users notified through in-app or web notifications and directed to a dedicated claims page. Funds will be transferred to an account controlled by CLC (dydx1lxjqtqzsnnxygkax03d8ygxrm7er23xjqpg4e6) for distribution, with all transactions publicly verifiable via a block explorer. Eligible users will receive DYDX rewards within 7 days of submitting a valid claim, and the claim window will remain open for 30 days, after which any unclaimed funds will be returned to the Community Treasury.
The full list of recipient accounts and their corresponding proposed reward allocations can be found here.
Next Steps
We will submit an on-chain proposal for the community to vote on the proposed incentive distribution by Wednesday, May 6, 2026, at the latest.