End of Season 9 and Incentive Updates for Season 10

dYdX Chain
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Chaos Labs is thrilled to mark the conclusion of Season 9 in the dYdX Incentive program and to announce the start of Season 10.

Season 10 will bring a significant shift in incentive allocation. While the methods for earning trading and maker points will remain the same, the conversion of points into DYDX token rewards will change. The new distribution will allocate 80% to trading rewards and 20% to maker rewards, a shift from the previous 40% trading rewards and 60% maker rewards. In short, traders will now earn twice the dollar value of rewards compared to seasons 7-9.

The proposed distributions will be shared on Friday 21 February with the distribution proposal being posted on-chain on Monday 24 February.

Next Steps

The timeline for next steps is as follows:

  • Share the proposed Incentive distribution for season 9 by EOD Friday, 21 February 2025.
  • Post the DRC distribution proposal by EOD 24 February 2025.
  • Share an analysis of the performance of the incentive program by EOD 21 February 2025.
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To clarify the incentive distribution for season 10, traders will now earn their share of $1.2m worth of DYDX, up from $600k in season 9.

Market makers will earn their share of $300k worth of DYDX.

The way points are earned stays the same.