In August 2025, we shared a roadmap update with the community and highlighted three key pillars guiding our work: 

• Democratize Access to Financial Opportunity: Open access to top markets and exclusive private markets.
• Deliver a World-Class Consumer Experience: Simple, fast, and reliable trading across web, mobile, and Telegram.
• Maximize Token Utility: Strengthen the connection between the success of protocol and its token, with a view to improving network performance and security. 

As promised, we’re back with an update on what we’ve shipped and what’s coming next. 

Now Available

Over the past few weeks, we’ve been focused on progress. Each milestone brings us closer to building software for the largest decentralized marketplace for financial products. 

• Telegram Pocket Pro Bot Launch: We’ve always believed in meeting traders where they are to expand access to financial opportunity. Through the Pocket Pro Bot x dYdX integration, you can now trade dYdX perpetuals* and Solana spot tokens, share and discover trades from your Telegram network, and compete on leaderboards directly from Telegram. 
• Partner Revenue Share: dYdX introduced a Partner Revenue Share program to reward partners who drive volume and liquidity to dYdX, and the dYdX Community welcomed its first partner: CoinRoutes. Community approved partners can now earn a share of protocol fees - creating strong collaboration incentives, deepening liquidity, and fueling community-driven growth. Prospective partners can get started here. 
• Permissioned Keys: Permissioned Keys are now live on dYdX, giving institutions and market makers enhanced control, security, and risk management for API trading. API traders can now manage permissions and unlock smarter and safer trading on dYdX.  
• Scale & TWAP: dYdX expanded trading possibilities - API traders can now issue multiple limit orders in a set price range through scale orders or divide large orders into smaller suborders to be executed in intervals through TWAP orders. 
• Leverage for Cross Positions: Traders can now set leverage for their cross positions, giving you more control over risk and capital efficiency across your trades. 
• Order Gateway & Proposer Set Reduction: The Order Entry Gateway Service (OEGS) and reduced proposer set mark a major step forward in dYdX’s performance evolution. This open-source infrastructure creates a direct and optimized path for orders to reach a governance-selected set of designated proposers. For traders, this improves latency,  throughput, and creates a more reliable trading experience without needing to run a full node.
• Seamless Fiat On-Ramp: MoonPay is now available on the dYdX iOS and Android app, making fiat-to-crypto deposits easier for you via debit/credit cards, bank transfers, Apple Pay, Google Pay, and PayPal. 

In addition to the newly available features, these growth improvements were also approved by the dYdX Community.

• Simplified Fee Tiers: The dYdX Community voted to simplify fee tiers from 9 to 7, with linear volume based thresholds. 
• Fee Holidays for month of October: October marked the start of Surge Season 7 of Chaos Labs, which introduced a fee holiday for front-end traders with 100% of perpetual trading fees rebated in DYDX, along with a $1M rewards pool. 

What’s Next for the Rest of Q4

Our focus remains clear through this new chapter of dYdX: release a series of software upgrades which will empower the dYdX Community to deliver a trading experience that feels effortless and token utility that is strengthened by its connection to the protocol. The software development roadmap covers:  

Major Feature Releases

• Spot Trading on Solana: We are introducing Spot Trading to dYdX, traders will now have more flexibility and access to spot markets. Spot Trading will be available on both web and the mobile app and accessible globally, including in the United States. This will initially support Solana, with plans to introduce more chains in the future. 
• Prediction Markets: We’re bringing back Prediction Market perpetuals, giving traders the opportunity to gain exposure to real-world events like elections, sports, or cultural events in a capital-efficient way. This represents an exciting expansion of perpetual markets, combining event-driven outcomes with decentralized, self-custodial trading. The 2025 World Series is now live for trading with up to 5x leverage. Go long or short on DODGERSWIN-USD today. 

Growth Improvements 

• Social Login with Turnkey: The rollout of social login with Turnkey lets you sign in and deposit instantly using Google, Apple, or Passkey. This feature is a key step toward making decentralized finance more accessible by removing the friction of wallet creation and complex onboarding. 
• Staking-Based Fee Discounts: Software that enables the dYdX community to implement staking-based fee discounts to reduce trading fees for traders who stake DYDX. Staking-Based Fee Discounts could provide new utility for the DYDX token, and give traders more control over their fees while supporting the protocol’s growth. 
• Sliding Affiliate Fee Feature: The new sliding affiliate fee feature lets the dYdX Community replace the current VIP tier with a more rewarding program. This gives higher-volume referrers proportional rewards for their contributions.
• Fee Free Holidays: With the upcoming protocol software update, the dYdX Community can choose to unlock fee free holidays for select markets, giving traders a temporary break on fees and making trading even more rewarding!

Additional Q4 Upgrades 

• Dynamic Leverage: This feature lets traders set the leverage on a per-subaccount basis (up to the market’s maximum), providing greater leverage configurability and improved risk management The leverage they choose determines the initial margin needed to open a position, directly impacting the collateral used for a trade. 
• PnL History: PnL history will allow all traders to track their past performance and see funding rates directly on the frontend, helping you make more informed trading decisions and better manage your positions.
• Buy & Stake Token: Swap USDC ↔ DYDX directly on the web front-end through an integration with Osmosis.
• Liquidity Improvements: We’re enhancing the MegaVault software with features to incentivize operators to further strengthen liquidity.

Looking Forward 

The future of crypto is undeniably shifting toward decentralized exchanges, and we believe dYdX is positioned to lead here.

In this chapter, our commitment is to keep building with speed, purpose, and transparency. The community has always been at the center of dYdX, and together we’ll continue shaping the future of decentralized finance. Thank you for your support along our journey! 

👉 Launch Pocket Pro Bot on Telegram and start trading with dYdX today*.

* Perpetuals trading is not available in the United States and Canada and other restricted jurisdictions. Trading perpetuals involves significant risk and may not be suitable for all users.

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