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This November, dYdX Unlimited—one of the most significant upgrades in dYdX’s history—is set to launch.
At dYdX, we are reimagining what DeFi plus leverage can be. Decentralization gives you the power, and leverage empowers you to make big bets.
Unlimited is the next step for dYdX - giving you the power to make your big bets.
Trade Anything with Instant Market Listings
With Instant Market Listings, you can list and trade any market on dYdX instantly, with immediate liquidity.
Imagine launching a new token and having a tradeable perpetuals market for it within minutes. Whether you’re interested in established crypto-assets, prediction markets, or emerging assets across Solana, Ethereum, Base, and various centralized exchanges (CEX), Instant Market Listings makes it effortless.
By depositing USDC into the MegaVault, new markets gain liquidity from day one, allowing users to seize market opportunities swiftly and efficiently, unlike any other DEX or CEX.
Trade what you want, not what others say you can. The way it should be.
How is that possible? All thanks to MegaVault. Let’s dive in.
MegaVault: Your Gateway to Automatic Liquidity and Yield
Liquidity is essential. Without it, there’s no trading—yet building liquidity can be challenging, especially for long-tail derivatives markets. That’s where MegaVault comes in.
MegaVault is the cornerstone of dYdX Unlimited’s liquidity strategy, acting as a master liquidity pool to keep all tradable markets liquid and efficient. By depositing USDC into MegaVault, you can contribute to liquidity across all dYdX markets and earn yield in the process.
This approach not only enhances the trading experience with consistent and robust liquidity but also empowers depositors in MegaVault to earn passive income.
MegaVault allocates deposited USDC across market-specific sub-vaults that execute automated market-making strategies. Depositors share in the Profit and Loss (PnL) generated, along with a portion of the protocol’s revenue. With just a click, gaining exposure to automated market-making activities is now easier than ever, offering depositors an attractive passive yield opportunity on stablecoins, all without the need for active management.
This powerful liquidity engine positions dYdX to stand out from competitors, providing scalable liquidity that grows with the ecosystem.
Are you ready to earn yield in USDC while helping shape the future of DeFi?
Instant Market Listings and MegaVault work together, forming a virtuous flywheel
By providing liquidity to all new markets, MegaVault is what makes the new Instant Market Listings feature sustainable.
At the same time, each new listing and additional liquidity drive greater trading volume on dYdX, increasing protocol fees. A portion of these fees is allocated to the MegaVault, further enhancing incentives for users to deposit USDC, resulting in a virtuous flywheel
Trading Rewards: Turn Every Trade into a Win on dYdX Unlimited
The upcoming revamped Trading Rewards program on dYdX Unlimited will be designed to elevate your trading experience by rewarding active participation in the markets.
With each trade you make, you earn rewards – transforming every interaction into an opportunity to grow your portfolio. High trading volumes mean greater rewards, directly reflecting your impact on dYdX’s liquidity and market activity.
Once approved through a governance vote, this enhanced Trading Rewards program will build on the previous version, bringing a more engaging and rewarding experience.
Affiliates Program: Lifetime Commissions Paid Out Instantly
dYdX’s Affiliates Program will be a key driver of dYdX’s growth through community and influencer engagement. It will allow users to invite friends to trade and earn up to $3,000 per month in referral commissions.
Once an Affiliate reaches $10,000 in trading volume on dYdX, they will unlock access to an exclusive affiliate link and can start referring friends. And thanks to leverage, reaching that volume is simple – for example, $1,000 with 10x leverage or just $200 with 50x leverage. Please use leverage carefully and after doing your own research to make sure you understand the risks involved.
For each referral, Affiliates will then earn lifetime commissions paid out instantly and automatically by the protocol, making the Program as transparent and rewarding as possible. The new users referred by the Affiliates also enjoy discounted trading fees, creating a win-win situation where Affiliates' networks benefit while they earn rewards.
For those aiming to maximize their earnings, the VIP Affiliate Program offers exclusive bonuses and perks, enabling affiliates to earn up to $10,000 per referral each month.
This program is only available to top tier ambassadors; more info can be found here
And there’s more
dYdX Unlimited is just the beginning.
A host of additional enhancements are expected to become available in the coming months, including new integrations with popular wallets and third-party services, permissioned keys, instant deposits, and more innovative features that will further improve your trading experience.
Enter the dYdX Unlimited Era
dYdX Unlimited represents a significant leap forward in the DeFi space, offering next-gen features that empower users.
Whether you’re looking to trade instantly, earn passively through MegaVault, or monetize your network with the Affiliates Program, dYdX Unlimited has something for you.
Follow dYdX on Twitter and join the Discord to stay informed on the latest news and updates. Embrace the future of decentralized trading with dYdX Unlimited — The new Era launches this November—don’t miss out!
About the dYdX Foundation
Legitimacy and Disclaimer
Crypto-assets can be highly volatile and trading crypto-assets involves risk of loss, particularly when using leverage. Investment into crypto-assets may not be regulated and may not be adequate for retail investors. Do your own research and due diligence before engaging in any activity involving crypto-assets.
dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to U.S. persons as well as in other restricted jurisdictions. The dYdX Foundation does not operate or participate in the operation of any component of the dYdX Chain's infrastructure.
The dYdX Foundation’s purpose is to support the current implementation and any future implementations of the dYdX protocol and to foster community-driven growth in the dYdX ecosystem.
The dYdX Chain software (including dYdX Unlimited) is open-source software to be used or implemented by any party in accordance with the applicable license. At no time should the dYdX Chain and/or its software or related components (including dYdX Unlimited) be deemed to be a product or service provided or made available in any way by the dYdX Foundation. Interactions with the dYdX Chain software (including dYdX Unlimited) or any implementation thereof are permissionless and disintermediated, subject to the terms of the applicable licenses and code. Users who interact with the dYdX Chain software, i ncluding dYdX Unlimited (or any implementations thereof) will not be interacting with the dYdX Foundation in any way whatsoever. The dYdX Foundation does not make any representations, warranties or covenants in connection with the dYdX Chain software (or any implementations and/or components thereof, including dYdX Unlimited), including (without limitation) with regard to their technical properties or performance, as well as their actual or potential usefulness or suitability for any particular purpose, and users agree to rely on the dYdX Chain software (or any implementations and/or components thereof, including dYdX Unlimited) “AS IS, WHERE IS”.
Nothing in this post should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act by anyone. Users should conduct their own research and due diligence before making any decisions. The dYdX Foundation may alter or update any information in this post in the future at its sole discretion and assumes no obligation to publicly disclose any such change. This post is solely based on the information available to the dYdX Foundation at the time it was published and should only be read and taken into consideration at the time it was published and on the basis of the circumstances that surrounded it. The dYdX Foundation makes no guarantees of future performance and is under no obligation to undertake any of the activities contemplated herein.
Depositing into the MegaVault carries risks. Do your own research and make sure to understand the risks before depositing funds. MegaVault returns are not guaranteed and may fluctuate over time depending on multiple factors. MegaVault returns may be negative and you may lose your entire investment.The dYdX Foundation does not operate or has control over the MegaVault and has not been involved in the development, deployment and operation of any component of the dYdX Unlimited software (including the MegaVault).
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