Following the previous fee holiday proposals, I would like to propose a BTC-only Fee Holiday through the remainder of July 2026.
This proposal would apply a 100% trading fee discount to the BTC-USD market only.
I believe a BTC-only campaign is a focused way to reduce trading friction on dYdX’s primary gateway market while limiting the revenue impact compared with a broader multi-market fee holiday.
we don’t believe proposal #389 aligns with the protocol’s current direction.
dYdX Surge, administered by CLC, has NOT been renewed for a new season via governance.
Further, with the launch of Arcus, the protocol should observe the flow of capital and preserve the treasury/validator and staker earnings where necessary.