Summary
This proposal seeks approval for Foxify to become an official integration partner of dYdX, eligible to receive 50% of revenue generated by users who onboard and trade through the Foxify platform as outlined under the dYdX Broker Revenue Share Program.
Abstract
Foxify is Web3’s first A-book prop firm, providing instant, straight-to-live funded accounts. Traders get funded up to 10,000 USDC with no restrictive trading or payout rules. By integrating dYdX Chain as a supported execution venue inside the Foxify trading platform, traders can gain access to larger capital and trade directly on dYdX’s deep orderbook.
This proposal requests that the dYdX community formally approve Foxify as a partner eligible for revenue sharing.
Motivation
Many traders lack the capital required to trade meaningful size, and traditional Web2 prop firms operate on B-Book models with simulated trading, restrictive rules, and misaligned with trader success. Foxify addresses this by providing real, on-chain funded capital that trades directly on orderbooks of supported venues.
By integrating dYdX as a native trading venue, Foxify enables these traders to access dYdX’s orderbook through funded accounts, creating new growth avenues for the protocol.
1. New User Segment: Funded Traders
Hundreds of thousands of traders use prop firms globally, yet almost all activity is simulated (demo environments). Foxify brings these traders on-chain for the first time.
2. High-Intent, High-Volume Order Flow
Funded traders consistently trade more than typical retail users. They take larger positions, trade more frequently, and churn less due to funding progression and payout milestones. This creates steady, high-quality volume for the protocol.
3. An Additional Product Offering for dYdX Users
Integrating with Foxify gives dYdX users a new option: trade with funded capital instead of personal capital, lowering user risk while maintaining orderbook activity. This aligns with dYdX’s mission to expand access to decentralized perpetual markets without compromising transparency or decentralization
Proposal Details
Partner: Foxify (foxify.trade)
Rev Share Split:
Foxify will receive 50% of protocol fees to users trading on the Foxify trading platform. Revenue will be used to:
-
Increase trader funding pools
-
Support co-marketing
-
Provide performance-based incentives for traders
-
Onboard trading communities and KOLs to dYdX through Foxify
Implementation:
Foxify will integrate dYdX Chain directly into the Foxify trading platform as a supported execution venue for all funded and non-funded users. Once integrated, Foxify will launch a distribution campaign directing traders to dYdX.
Next Steps
If no major issues are raised, Foxify will begin the process to submit the on-chain proposal.