dYdX Protocol

DYdX Protocol

The dYdX Ecosystem Development Program powers the future of dYdX through ecosystem grants. They have funded 234 grants, awarded over $14 million, and completed 50 funding rounds, supporting various projects that benefit the dYdX product and community.
Distributed

Description

The dYdX Ecosystem Development Program funds a diverse range of projects, including community initiatives, infrastructure development (like the dYdX Testnet Indexer and Cross Chain Transfer Protocol), research (such as MEV dashboards), marketing campaigns (e.g., merchandise and Twitter bots), analytics dashboards, events sponsorships, and tooling integrations. The application process involves submitting a detailed application, followed by an interview if the proposal meets the criteria. Successful applicants receive a grant offer, with compensation often split into milestones or an upfront payment and a final payment upon completion. The program aims to approve new funding rounds on a weekly basis, seeking projects that provide meaningful tools and growth opportunities for the dYdX ecosystem.