# dYdX Trading Leagues Pilot Program - Request $1M in DYDX from the Community Treasury

**URL:** <https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613>\
**Category:** dYdX Chain\
**Created:** [October 22, 2025, 6:22am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613 "2025-10-22T06:22:45Z")\
**Posts on this page:** 20\
**Page:** 1

<div class="post-metadata">

**Author:** ![eguegu](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/eguegu/32/1113_2.png) [@eguegu](https://dydx.forum/u/eguegu)\
**Post date:** [October 22, 2025, 6:22am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/1 "2025-10-22T06:22:45Z")

</div>

## Summary

- We propose a four-week pilot program of a frontend trading competition - dYdX Trading Leagues. The competition will distribute a total of up to $1M in DYDX prizes (up to $250K in DYDX per week) to non-API traders. This Trading League will test whether short-term, performance-based trading competitions can sustainably drive trader engagement, attract new users, and liquidity depth on dYdX.
- We request $1M in DYDX (3,030,303.03 DYDX calculated using a 7-day TWAP at a $0.33 DYDX token price) from the Community Treasury to fund the weekly rewards pool.
- The TWAP and total amount of DYDX requested have been updated as of October 27, 2025.

## Abstract

The league will be hosted on the dydx.trade user interface as well as the Trading Arena platform, a purpose-built tool designed to support transparent, verifiable, and customizable trading competitions for the dYdX community.

This pilot program will test the effectiveness of short-term trading leagues as a means to stimulate organic non-API trading activity, incentivize new trader participation, and increase visibility and competitiveness of dYdX Chain markets.

We request $1M in DYDX (3,030,303.03 DYDX calculated using a 7-day TWAP at a $0.33 DYDX token price) from the Community Treasury to fund the weekly rewards pool. The requested DYDX will be sent to an address controlled by the Treasury SubDAO (dydx10azu6arkhqjfzvya6877neq86h2awp79m84w6q) for safekeeping. The Treasury SubDAO will then send the funds for the prize to be distributed to the winners, up to $250K per week.

## Motivation & Rationale

Trading leagues have proven to be an effective mechanism for driving engagement and discovering new trading talent. Competitions offer a transparent, performance-based way to attract a valuable user cohort and distribute rewards while simultaneously generating measurable, sustainable activity on the protocol.  
Trading Leagues on dYdX v3 were popular among traders and served as a key growth driver. In Q3 and Q4 of 2025, the number of trading competitions on dYdX increased significantly, delivering some promising results.  
Across 14 small-scale competitions on dYdX Trading Arena, $100M in trading volume and roughly $60K in fees were generated from participating addresses, with a total prize pool of about $50K. These campaigns have produced valuable insights that have already improved the performance of more recent competitions and are informing the design of the upcoming dYdX Trading Leagues.  
It’s also worth noting that BasedApp, a trading competition platform built on Hyperliquid, has demonstrated strong performance, generating $11B in trading volume over 30 days and $47M in annualized fees.  
Taken together, these factors suggest that larger-scale Trading Leagues could be an effective driver of volume and fees on dYdX. A short-term pilot, with the potential to evolve into a long-term program, could therefore be a strategic next step.  
The Trading Arena platform provides the necessary infrastructure to execute these events efficiently and credibly, with built-in on-chain data validation, dynamic leaderboards, and multi-tier reward structures.

The proposed pilot allows the community to evaluate:

1. The impact of the trading league on key performance metrics (trader growth, retention, and trading volume),
2. The effectiveness of the Trading Arena as a scalable tool for ongoing initiatives, and
3. The cost-effectiveness of competitive incentives compared to other trader incentive mechanisms.

If successful, this pilot could form the foundation for a sustainable, performance-based trader incentive framework governed by the community.

## Reward Structure

To manage spend and align incentives with performance, we propose a tiered reward structure where larger prize pools unlock as trading volume increases. Since median weekly non-API volume on dYdX since July 1st is $493M, the following tiers use this benchmark to define clear growth-based unlocks:

| Weekly Non-API Volume | Reward Pool | Description |
| --- | --- | --- |
| Below $550M | $100K | Baseline payout for sub-median performance weeks. |
| $550M – $700M | $175K | Moderate growth zone, approximately +20–40% above median. |
| Above $700M | $250K | Full reward pool unlocked for strong performance weeks. |

For each tier we propose the following prize distribution based on P&L:

**Tier 1: Below $550M (Total Pool: $100,000)**

| Placement | Reward (USDC) | Total (USDC) |
| --- | --- | --- |
| 1st | $20,000 | $20,000 |
| 2nd | $14,000 | $14,000 |
| 3rd | $10,000 | $10,000 |
| 4th–10th (7 traders) | $2,500 each | $17,500 |
| 11th–25th (15 traders) | $1,000 each | $15,000 |
| 26th–50th (25 traders) | $500 each | $12,500 |
| Bottom 5 by P&L (5 traders) | $2,000 each | $10,000 |
| **Total** | | **$99,000** |

**Tier 2: $550M–$700M (Total Pool: $175,000)**

| Placement | Reward (USDC) | Total (USDC) |
| --- | --- | --- |
| 1st | $25,000 | $25,000 |
| 2nd | $20,000 | $20,000 |
| 3rd | $15,000 | $15,000 |
| 4th–10th (7 traders) | $5,000 each | $35,000 |
| 11th–25th (15 traders) | $2,000 each | $30,000 |
| 26th–50th (25 traders) | $1,000 each | $25,000 |
| Bottom 5 by P&L (5 traders) | $5,000 each | $25,000 |
| **Total** | | **$175,000** |

**Tier 3: Above $700M (Total Pool: $250,000)**

| Placement | Reward (USDC) | Total (USDC) |
| --- | --- | --- |
| 1st | $40,000 | $40,000 |
| 2nd | $25,000 | $25,000 |
| 3rd | $15,000 | $15,000 |
| 4th–10th (7 traders) | $7,500 each | $52,500 |
| 11th–25th (15 traders) | $3,000 each | $45,000 |
| 26th–50th (25 traders) | $1,500 each | $37,500 |
| Bottom 5 by P&L | $7,000 each | $35,000 |
| **Total** | | **$250,000** |

## Targets:

Generate $1B in incremental, non-API trading volume and achieve a 20% increase in new trader growth compared to October benchmarks.

## Specification

- **Program Overview:** We propose a pilot weekly trading league program, starting on November 1, 2025, distributing up to $250K in DYDX per week to the winners. The weekly leagues will be held for four weeks. During the pilot program or shortly after, we will provide a report to the community about the performance of the program and, depending on the program’s performance, a proposal to continue the program.
- **Funding Request:** Based on the 7-day TWAP of $0.33 as of today, we will be requesting 3,030,303.03 DYDX from the Community Treasury for the prize of this program.
- **Fund Management:** The requested 3,030,303.03 DYDX from the Community Treasury will be sent to an address controlled by the Treasury SubDAO (dydx10azu6arkhqjfzvya6877neq86h2awp79m84w6q) for safekeeping. The Treasury SubDAO will send us the funds for the prize to be distributed to the winners, up to $250K per week.
- **Reward Distribution Plan:**
  - **Speed:** Rewards will be distributed quickly, within 3 days of the finalization of each weekly competition’s results.
  - **Process:** This expedited process is possible because the flow of funds will be handled directly from the Treasury SubDAO to the CLC, and then to the winners. This approach does not require a separate governance vote for each weekly payout, allowing for a swift and efficient distribution of prizes.

- **Unused Funds:** Any unused funds could either be retained for future trading competitions or remain with the Treasury subDAO for inclusion in the community staking program.

## Next Steps

We invite the community to provide feedback on this proposal, if there is no significant objection, we are aiming to submit the on-chain proposal on October 27, 2025.

## FAQ

### Q1. Will this be hosted on the existing dYdX Trading Arena?

No, in addition to being able to check rankings within dydx.trade, the CLC will also create a special website. Please refer [here](https://www.figma.com/design/tWFAJosRe755hteXQK1opG/dYdX-Surge-Board?node-id=8039-187277&t=LMUPx38bHx2rvfOK-1) for the design image of the special site that CLC will create.

### Q2. How will PnL be calculated?

Unlike the existing dYdX Arena calculation method, the following calculation method will be adopted.

```sh
(Current Equity - Net Deposit) - Equity at the beginning of the week

```

- PnL will be calculated and updated once a day, starting from the beginning of the week.
- Net Deposit refers to the difference between deposits and withdrawals during the period (Deposits - Withdrawals).

### Q3. Why not add trading volume for prize criteria ?

Initially, we considered using only Profit and Loss (PnL) as the sole performance metric. However, based on valuable feedback from the community, we agree that incorporating trading volume as a criterion is a good idea.

This program will feature weekly competitions. The reward structure detailed above will be used for the first week. After the first week, we will analyze the results and key metrics to refine the competition structure for subsequent weeks. This iterative approach allows us to optimize the league’s format.

For example, while Week 1 may be based solely on PnL, Week 2 could feature a combination of PnL and trading volume. In Week 3, we might adjust the weighting of these criteria to better align with the program’s goals etc.

## Revision Log

2025/10/22: 1.0.0 - Initial version posted on the forum  
2025/10/23: 1.0.1 - Added FAQ  
2025/10/23: 1.0.2 - Update Specification section to include reward distribution plan  
2025/10/27: 1.0.3 - Update Q2. How will PnL be calculated part  
2025/10/27: 1.0.4 - Added Q3 in FAQ section  
2025/10/27: 1.0.5 - Updated DYDX request amount based on the latest 7-day TWAP and added the Treasury SubDAO address.

---

<div class="post-metadata">

**Author:** ![Iguana](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/iguana/32/2606_2.png) [@Iguana](https://dydx.forum/u/Iguana)\
**Post date:** [October 22, 2025, 9:15am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/2 "2025-10-22T09:15:31Z")

</div>

A competition may sound great to onboard more users but personally, on my side, I found that your PnL & ROI calculation may be not appropriate. when you counted the withdrawal as Losses.

For example, here is a wallet from one of my referee. In total, he got the profit of around $2700 but you counted his wallet as -$42798 because he withdrew his funds. This makes his wallet, which supposed to be number #1 on the leaderboard but in contrast, his rank down to #52.

Here is his DYDX wallet: dydx1kp4jd3tv4xl4x6d3h8clks2n9zh3mywnuppseq

You can just simply calculate his total deposit and withdraw amount to see his overall profit here.

Personally, I think PnL calculation should be calculated based on realized PnL only and should not take Withdraw or Deposit txs into PnL calculation because that is not relevant here at all.

 ![Bildschirmfoto 2025-10-22 um 16.12.13](https://europe1.discourse-cdn.com/flex013/uploads/dydx/original/2X/5/5c167705f62914fbb9d8bf0b9a09500ad9519bd5.png)

 ![Bildschirmfoto 2025-10-22 um 16.09.51](https://europe1.discourse-cdn.com/flex013/uploads/dydx/original/2X/4/4718e220dea153f5c5ba6fe1cdeded09e1a91359.jpeg)

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/dydx/original/2X/3/3e5e449f3ed19578653eaf8806a923ec21c97346.png)

---

<div class="post-metadata">

**Author:** ![dline](https://avatars.discourse-cdn.com/v4/letter/d/b19c9b/32.png) [@dline](https://dydx.forum/u/dline)\
**Post date:** [October 22, 2025, 11:09am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/3 "2025-10-22T11:09:50Z")

</div>

![image](https://europe1.discourse-cdn.com/flex013/uploads/dydx/original/2X/8/86328692744f3a1d30099e7890b287454750a9ce.png)

Showing this on Chrome and the Brave browser.

---

<div class="post-metadata">

**Author:** ![eguegu](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/eguegu/32/1113_2.png) [@eguegu](https://dydx.forum/u/eguegu)\
**Post date:** [October 23, 2025, 4:57am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/4 "2025-10-23T04:57:41Z")

</div>

Hi @Iguana

Thank you for your feedbacks!

This time, instead of using the existing dYdX Trading Arena’s PnL calculation method (where withdrawals are counted as losses), a new PnL calculation method will be adopted.

The detailed calculation method will be updated on the forum as soon as it is finalized.

Also, as this is an official dYdX competition, CLC plans to set up a special page separate from the existing dYdX Trading Arena.

We have also added an FAQ section, so please check it.

---

<div class="post-metadata">

**Author:** ![eguegu](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/eguegu/32/1113_2.png) [@eguegu](https://dydx.forum/u/eguegu)\
**Post date:** [October 23, 2025, 5:00am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/5 "2025-10-23T05:00:51Z")

</div>

Hi @dline  
Thank you for reporting!

It seems that our site was mistakenly flagged as phishing by Google yesterday.

We have already contacted Google and they have removed the warning.

The warnings visible to users are now being removed from our site.

---

<div class="post-metadata">

**Author:** ![cryptoplaza](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/cryptoplaza/32/1623_2.png) [@cryptoplaza](https://dydx.forum/u/cryptoplaza)\
**Post date:** [October 23, 2025, 8:44am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/6 "2025-10-23T08:44:56Z")

</div>

> [@eguegu](#):
>
> ## Summary
> 
> - We propose a four-week pilot program of a frontend trading competition - dYdX Trading Leagues. The competition will distribute a total of up to $1M in DYDX prizes (up to $250K in DYDX per week) to non-API traders. This Trading League will test whether short-term, performance-based trading competitions can sustainably drive trader engagement, attract new users, and liquidity depth on dYdX.
> - We request $1M in DYDX ([2,941,176.47]\* DYDX calculated using a 7-day TWAP at a [$0.34]\* DYDX token price) from the Community Treasury to fund the weekly rewards pool.
> - \*Bracketed numbers as of October 21, 2025 as an example. The TWAP and total amount of DYDX requested are estimates and will be updated when the on-chain proposal is launched on October 27, 2025.
> 
> ## Abstract
> 
> The league will be hosted on the dydx.trade user interface as well as the Trading Arena platform, a purpose-built tool designed to support transparent, verifiable, and customizable trading competitions for the dYdX community.
> 
> This pilot program will test the effectiveness of short-term trading leagues as a means to stimulate organic non-API trading activity, incentivize new trader participation, and increase visibility and competitiveness of dYdX Chain markets.
> 
> We request $1M in DYDX ([2,941,176.47]\* DYDX calculated using a 7-day TWAP at a [$0.34]\* DYDX token price) from the Community Treasury to fund the weekly rewards pool. We suggest that the DYDX is transferred to the Treasury SubDAO for safekeeping and up to $250,000 in DYDX is sent to CLC weekly for prize distribution.
> 
> \*Bracketed numbers as of October 21, 2025 as an example. The TWAP and total amount of DYDX requested are estimates and will be updated when the on-chain proposal is launched on October 27, 2025.
> 
> ## Motivation & Rationale
> 
> Trading leagues have proven to be an effective mechanism for driving engagement and discovering new trading talent. Competitions offer a transparent, performance-based way to attract a valuable user cohort and distribute rewards while simultaneously generating measurable, sustainable activity on the protocol.  
> Trading Leagues on dYdX v3 were popular among traders and served as a key growth driver. In Q3 and Q4 of 2025, the number of trading competitions on dYdX increased significantly, delivering some promising results.  
> Across 14 small-scale competitions on dYdX Trading Arena, $100M in trading volume and roughly $60K in fees were generated from participating addresses, with a total prize pool of about $50K. These campaigns have produced valuable insights that have already improved the performance of more recent competitions and are informing the design of the upcoming dYdX Trading Leagues.  
> It’s also worth noting that BasedApp, a trading competition platform built on Hyperliquid, has demonstrated strong performance, generating $11B in trading volume over 30 days and $47M in annualized fees.  
> Taken together, these factors suggest that larger-scale Trading Leagues could be an effective driver of volume and fees on dYdX. A short-term pilot, with the potential to evolve into a long-term program, could therefore be a strategic next step.  
> The Trading Arena platform provides the necessary infrastructure to execute these events efficiently and credibly, with built-in on-chain data validation, dynamic leaderboards, and multi-tier reward structures.
> 
> The proposed pilot allows the community to evaluate:
> 
> 1. The impact of the trading league on key performance metrics (trader growth, retention, and trading volume),
> 2. The effectiveness of the Trading Arena as a scalable tool for ongoing initiatives, and
> 3. The cost-effectiveness of competitive incentives compared to other trader incentive mechanisms.
> 
> If successful, this pilot could form the foundation for a sustainable, performance-based trader incentive framework governed by the community.
> 
> ## Reward Structure
> 
> To manage spend and align incentives with performance, we propose a tiered reward structure where larger prize pools unlock as trading volume increases. Since median weekly non-API volume on dYdX since July 1st is $493M, the following tiers use this benchmark to define clear growth-based unlocks:
> 
> | Weekly Non-API Volume | Reward Pool | Description |
> | --- | --- | --- |
> | Below $550M | $100K | Baseline payout for sub-median performance weeks. |
> | $550M – $700M | $175K | Moderate growth zone, approximately +20–40% above median. |
> | Above $700M | $250K | Full reward pool unlocked for strong performance weeks. |
> 
> For each tier we propose the following prize distribution based on P&L:
> 
> **Tier 1: Below $550M (Total Pool: $100,000)**
> 
> | Placement | Reward (USDC) | Total (USDC) |
> | --- | --- | --- |
> | 1st | $20,000 | $20,000 |
> | 2nd | $14,000 | $14,000 |
> | 3rd | $10,000 | $6,000 |
> | 4th–10th (7 traders) | $2,500 each | $17,500 |
> | 11th–25th (15 traders) | $1,000 each | $15,000 |
> | 26th–50th (25 traders) | $500 each | $12,500 |
> | Bottom 5 by P&L (5 traders) | $2,000 each | $10,000 |
> | **Total** | | **$99,000** |
> 
> **Tier 2: $550M–$700M (Total Pool: $175,000)**
> 
> | Placement | Reward (USDC) | Total (USDC) |
> | --- | --- | --- |
> | 1st | $25,000 | $25,000 |
> | 2nd | $20,000 | $20,000 |
> | 3rd | $15,000 | $15,000 |
> | 4th–10th (7 traders) | $5,000 each | $35,000 |
> | 11th–25th (15 traders) | $2,000 each | $30,000 |
> | 26th–50th (25 traders) | $1,000 each | $25,000 |
> | Bottom 5 by P&L (5 traders) | $5,000 each | $25,000 |
> | **Total** | | **$175,000** |
> 
> **Tier 3: Above $700M (Total Pool: $250,000)**
> 
> | Placement | Reward (USDC) | Total (USDC) |
> | --- | --- | --- |
> | 1st | $40,000 | $40,000 |
> | 2nd | $25,000 | $25,000 |
> | 3rd | $15,000 | $15,000 |
> | 4th–10th (7 traders) | $7,500 each | $52,500 |
> | 11th–25th (15 traders) | $3,000 each | $45,000 |
> | 26th–50th (25 traders) | $1,500 each | $37,500 |
> | Bottom 5 by P&L | $7,000 each | $35,000 |
> | **Total** | | **$250,000** |
> 
> ## Targets:
> 
> Generate $1B in incremental, non-API trading volume and achieve a 20% increase in new trader growth compared to October benchmarks.
> 
> ## Specification
> 
> - We propose a pilot weekly trading league program, starting on November 1, 2025, distributing up to $250K in DYDX per week to the winners.
> - The weekly leagues will be held for four weeks. During the pilot program or shortly after, we will provide a report to the community about the performance of the program and, depending on the program’s performance, a proposal to continue the program.
> - We request $1M in DYDX ([2,941,176.47]\* DYDX calculated using a 7-day TWAP at a [$0.34]\* DYDX token price) from the Community Treasury for the prize of this program.
> - \*Bracketed numbers as of October 21, 2025 as an example. The TWAP and total amount of DYDX requested are estimates and will be updated when the on-chain proposal is launched on October 27, 2025.
> - Funds could be transferred from the Community Treasury to the Treasury SubDAO, subject to confirmation. The Treasury subDAO will distribute up to $250K in DYDX weekly to CLC for prize disbursement.
> - Any unused funds could either be retained for future trading competitions or remain with the Treasury subDAO for inclusion in the community staking program.
> 
> ## Next Steps
> 
> We invite the community to provide feedback on this proposal, if there is no significant objection, we are aiming to submit the on-chain proposal on October 27, 2025.
> 
> ## FAQ
> 
> ### Q1. Will this be hosted on the existing dYdX Trading Arena?
> 
> No, in addition to being able to check rankings within dydx.trade, the CLC will also create a special website. Please refer [here](https://www.figma.com/design/tWFAJosRe755hteXQK1opG/dYdX-Surge-Board?node-id=8039-187277&t=LMUPx38bHx2rvfOK-1) for the design image of the special site that CLC will create.
> 
> ### Q2. How will PnL be calculated?
> 
> Unlike the existing dYdX Arena calculation method, the following calculation method will be adopted.
> 
> ```auto
> TBD
> 
> ```
> 
> ※ The method for calculating Profit and Loss (PnL) is yet to be determined. This will be decided upon by the community.
> 
> ## Revision Log
> 
> 2025/10/22: 1.0.0 - Initial version posted on the forum  
> 2025/10/23: 1.0.1 - Added FAQ

First of all, I’d like to thank you for this proposal and for the effort to explore alternative approaches to the current incentive program, which has proven to be quite inefficient so far.

In my view, the key is to identify long-term traders who can demonstrate consistent profitability, regardless of whether they trade through the API or the user interface. The incentive should not be to give them money that subsidizes their trading risk, but rather to allocate capital to them once they have shown over several months that their strategy is sustainable and profitable.

Short-term competitions, such as weekly trading leagues, tend to attract traders who take excessive risk in order to win within a limited time frame. It may be more productive to look at formats like the _World Cup Championship of Futures Trading_, which could serve as a useful benchmark for designing programs that reward durable performance and disciplined trading.

Ultimately, the goal should be to invest alongside these successful traders so that instead of being an expense for dYdX, this initiative could become a revenue-generating line. We’ve internally discussed a project along these lines, but the organization has found it challenging to move away from the inertia of previous, less effective decisions.

> [@Trading Competitions vs. Funding Talented Traders](https://dydx.forum/t/trading-competitions-vs-funding-talented-traders/2863/5):
>
> Kudos to the contributors of this thread. Nothing to add from my side at the moment, but thinking of ways to generate more volume combined with effective spends of incentives.

---

<div class="post-metadata">

**Author:** ![Nikolay](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/nikolay/32/2479_2.png) [@Nikolay](https://dydx.forum/u/Nikolay)\
**Post date:** [October 23, 2025, 4:29pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/7 "2025-10-23T16:29:32Z")

</div>

I’m not sure that’s well spend money.  
The Arena that you’ve created is not working correctly. Rewards are not paid on time. No information, no support. In general I would say that you need much more time to get that kind of money.  
You have to fix the current state of the Arena and to see that people actually win, the rewards are paid on time and they have visibility on this.

Do this and than ask for such amount.  
Support and customer service is super important and for both you guys have a lot more work to do.

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<div class="post-metadata">

**Author:** ![sawdickwest](https://avatars.discourse-cdn.com/v4/letter/s/f07891/32.png) [@sawdickwest](https://dydx.forum/u/sawdickwest)\
**Post date:** [October 23, 2025, 4:29pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/8 "2025-10-23T16:29:39Z")

</div>

Thank you for this, I will like to suggest you should include Volume based ranking for the competition - those that generate more volumes should also have rewards with either PnL

The competition should not rewards based on PnL alone, including volumes leaderboard will also be considerable

Thank you.

---

<div class="post-metadata">

**Author:** ![Winfred](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/winfred/32/2295_2.png) [@Winfred](https://dydx.forum/u/Winfred)\
**Post date:** [October 24, 2025, 9:03am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/9 "2025-10-24T09:03:56Z")

</div>

> [@sawdickwest](#):
>
> those that generate more volumes should also have rewards with either PnL

Opinions are my own 🙂

I can’t help but agree with this.

Industry benchmarks for perp DEXes include OI and volume. Incentivizing PnL alone means that this will be the only consideration for a trader. i.e. one super profitable trade a week is all it takes to rank high on the leaderboard - that could be detrimental to volume.

With that said, I guess this is an experiment and we will only know whether it is a better model or not once it begins.

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<div class="post-metadata">

**Author:** ![Iguana](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/iguana/32/2606_2.png) [@Iguana](https://dydx.forum/u/Iguana)\
**Post date:** [October 24, 2025, 1:26pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/10 "2025-10-24T13:26:16Z")

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I also agree with that.

I strongly believe Volume-based competition is much better than pure PnL. We need more volume, not just PnL metrics because PnL metrics did not bring any value to DYDX at all, when competing with other exchanges.

When a guy has a super profitable trade, he would tend to keep that and do not do anything to keep his rank. In contrast, when a guy lost much, he would be hopeless and did not want to trade any more because he felt he could not compete with others.

We need more volume, not worthless PnL metrics.

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<div class="post-metadata">

**Author:** ![Iguana](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/iguana/32/2606_2.png) [@Iguana](https://dydx.forum/u/Iguana)\
**Post date:** [October 24, 2025, 1:30pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/11 "2025-10-24T13:30:12Z")

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> [@eguegu](#):
>
> dited process is possible because the flow of funds will be handled directly from the Treasury SubDAO to the CLC, and then to the winners. This approach does not require a separate governance vote for each weekly payout, allowing for a swift and efficient distribution of prizes.

And one more thing, on social media, we could not just say: “We have a lot of traders with profit” but we needed to say: “DYDX perp volume had doubled in the last month/We had 100% MoM trading volume”. This is more relevant

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<div class="post-metadata">

**Author:** ![eguegu](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/eguegu/32/1113_2.png) [@eguegu](https://dydx.forum/u/eguegu)\
**Post date:** [October 27, 2025, 4:26pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/12 "2025-10-27T16:26:27Z")

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Hi everyone,  
Thank you for your valuable feedback. We’ll proceed with submitting the on-chain proposal later today. Below are the updated figures based on the latest TWAP:

- The 7-day TWAP as of today is $0.33
- Based on this, we will be requesting 3,030,303.03 DYDX from the Community Treasury to be sent to an address controlled by the Treasury SubDAO (dydx10azu6arkhqjfzvya6877neq86h2awp79m84w6q) for safekeeping.
- The Treasury SubDAO will send us the funds for the prize to be distributed to the winners, up to $250K per week.

Thank you!

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<div class="post-metadata">

**Author:** ![tak](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/tak/32/1441_2.png) [@tak](https://dydx.forum/u/tak)\
**Post date:** [October 28, 2025, 12:47am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/13 "2025-10-28T00:47:12Z")

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I’ve submitted [proposal - 300](https://www.mintscan.io/dydx/proposals/300).  
Don’t miss the change to vote.

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<div class="post-metadata">

**Author:** ![ogblinks](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/ogblinks/32/2498_2.png) [@ogblinks](https://dydx.forum/u/ogblinks)\
**Post date:** [October 28, 2025, 2:51pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/14 "2025-10-28T14:51:04Z")

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I absolutely applaud the idea of weekly trading league for Surge Season 8. But the PnL metric for ranking would bring lesser volume to the dYdX protocol and Surge Season 8 won’t be so active like previous Surge Seasons.

I totally agree with others that the metric used for Previous Surge Seasons should be applied which I think is volume.

That way, each week would yield crazy volumes for the dYdX protocol.

Long Live dYdX hahaha.

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<div class="post-metadata">

**Author:** ![JTrader](https://avatars.discourse-cdn.com/v4/letter/j/4bbf92/32.png) [@JTrader](https://dydx.forum/u/JTrader)\
**Post date:** [October 28, 2025, 4:33pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/15 "2025-10-28T16:33:38Z")

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I believe also that the weekly league is a good idea but i don’t think the PnL ranking will bring the volume you expect .For volume need volume , the rewards are very good so i think if the rank is based to trading volume for sure will boost.

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<div class="post-metadata">

**Author:** ![Wahab](https://avatars.discourse-cdn.com/v4/letter/w/53a042/32.png) [@Wahab](https://dydx.forum/u/Wahab)\
**Post date:** [November 1, 2025, 12:29pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/16 "2025-11-01T12:29:51Z")

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I agree with what others say relying on trading volume

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<div class="post-metadata">

**Author:** ![dline](https://avatars.discourse-cdn.com/v4/letter/d/b19c9b/32.png) [@dline](https://dydx.forum/u/dline)\
**Post date:** [November 2, 2025, 3:16pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/17 "2025-11-02T15:16:56Z")

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![image](https://europe1.discourse-cdn.com/flex013/uploads/dydx/original/2X/6/6b3e08c173efc991aeaa6a4abd6b02400c9d90dc.png)  
Hi, it seems that this P&L data is incorrect. Some accounts listed here don’t have any trades or open positions this month, yet they remain at the top of the list with significant P&L..

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<div class="post-metadata">

**Author:** ![JTrader](https://avatars.discourse-cdn.com/v4/letter/j/4bbf92/32.png) [@JTrader](https://dydx.forum/u/JTrader)\
**Post date:** [November 2, 2025, 3:32pm UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/18 "2025-11-02T15:32:25Z")

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I also noticed the same the list with PnLs its not correct , the PnLs they dont represent the reality with the accounts are listed there

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<div class="post-metadata">

**Author:** ![apt](https://avatars.discourse-cdn.com/v4/letter/a/858c86/32.png) [@apt](https://dydx.forum/u/apt)\
**Post date:** [November 3, 2025, 3:18am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/19 "2025-11-03T03:18:44Z")

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Also, can we have the PnL reflect ROI% rather than USD $ gained.

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<div class="post-metadata">

**Author:** ![dline](https://avatars.discourse-cdn.com/v4/letter/d/b19c9b/32.png) [@dline](https://dydx.forum/u/dline)\
**Post date:** [November 4, 2025, 10:42am UTC](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613/20 "2025-11-04T10:42:58Z")

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@chaoslabs @eguegu Hi, any update on this?

[Next page](https://dydx.forum/t/dydx-trading-leagues-pilot-program-request-1m-in-dydx-from-the-community-treasury/4613.md?page=2)