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Introducing CoinRoutes: The First Partner in dYdX Revenue Share

We’re excited to announce CoinRoutes as the very first governance-approved on-chain revenue partner on the dYdX Chain.

dYdX recently introduced Partner Revenue Share, a governance-approved model that directly rewards third-party services like trading bots, terminals, front-ends, and institutional brokers for routing order flow to the dYdX Chain.

With governance approval, partners now earn a share of the trading fees their referred users generate, making revenue sharing a built-in feature of the protocol. This alignment of incentives strengthens the dYdX ecosystem and extends its reach to new audiences of traders and institutions.

Learn more about Partner Revenue Share here.

Why CoinRoutes

CoinRoutes is a leading provider of algorithmic trading and smart order routing technology. By integrating with the dYdX Chain, CoinRoutes will provide access to dYdX’s deep liquidity for its network of professional trading and institutional clients. This partnership brings incremental order flow to the protocol, expanding the reach of dYdX to new market segments.

Key strengths CoinRoutes brings:

  • Institutional Reach: CoinRoutes is trusted by institutional and professional traders worldwide, with a well-established network of clients spanning hedge funds and active trading firms.
  • Technology Edge: CoinRoutes offers a technology edge with a best-in-class execution platform designed to minimize slippage and optimize performance across multiple liquidity pools.
  • Shared Mission with dYdX: CoinRoutes’ mission to provide transparent and efficient trading aligns closely with dYdX’s vision for a decentralized and performant trading infrastructure. 

As Ian Weisberger, CEO and Co-Founder of CoinRoutes, notes, “By combining CoinRoutes’ best-in-class execution technology with dYdX’s decentralized infrastructure, we’re unlocking new opportunities for traders worldwide while helping build a more transparent, efficient, and aligned trading ecosystem.”

Looking Ahead

The launch of Partner Revenue Share and the onboarding of CoinRoutes as its first governance-approved participant marks an exciting chapter for the dYdX Chain. By welcoming high-quality partners like CoinRoutes, we’re building the foundation for protocol-aligned growth: builders are incentivized, users gain better access, and the reach of dYdX expands into new communities and trading networks around the world.

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dYdX

October 17, 2025
Last Update:
October 17, 2025

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© 2025 dYdX International Ltd. All rights reserved.

‍dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to other Restricted Persons. All use of dYdX software is subject to the dYdX Software Terms of Use. 

dYdX International Ltd ("DI"), dYdX Trading Inc. dba dYdX Labs (“dYdX Labs”) and their affiliates do not develop, control or participate in the operation of any component of the dYdX protocol for public use.

To the extent this content describes anticipated features in the open source dYdX software, the implementation of these features in any live deployment of dYdX software will be decided by the relevant deployer community. 

The information provided herein is for general informational purposes only, and DI reserves the right to update, modify, or amend any contents herein, at its sole discretion and without prior notice. Nothing herein should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act in any way by anyone.

Engaging in any activity involving crypto-assets (including staking, trading crypto assets and depositing into the MegaVault) is risky due to high volatility. Returns are not guaranteed and may fluctuate over time depending on multiple factors, and you may lose your entire investment, particularly when using leverage. The inclusion of any launchable market on dYdX does not represent endorsement of the projects and all listings are community-driven. You should perform your own research and due diligence before engaging in any activity involving crypto-assets. In no event will DI, dYdX Labs or their affiliates be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, arising from or in connection with the use of this content. By continuing to access this content, you agree to the above and accept the possibility of changes in the information provided.

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dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to other Restricted Persons. All use of dYdX software is subject to the dYdX Software Terms of Use.‍

‍dYdX International Ltd ("DI"), dYdX Trading Inc. dba dYdX Labs (“dYdX Labs”) and their affiliates do not develop, control or participate in the operation of any component of the dYdX protocol for public use.‍

‍To the extent this content describes anticipated features in the open source dYdX software, the implementation of these features in any live deployment of dYdX software will be decided by the relevant deployer community.‍

‍The information provided herein is for general informational purposes only, and DI reserves the right to update, modify, or amend any contents herein, at its sole discretion and without prior notice. Nothing herein should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act in any way by anyone.

‍‍Engaging in any activity involving crypto-assets (including staking, trading crypto assets and depositing into the MegaVault) is risky due to high volatility. Returns are not guaranteed and may fluctuate over time depending on multiple factors, and you may lose your entire investment, particularly when using leverage. The inclusion of any launchable market on dYdX does not represent endorsement of the projects and all listings are community-driven. You should perform your own research and due diligence before engaging in any activity involving crypto-assets. In no event will DI, dYdX Labs or their affiliates be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, arising from or in connection with the use of this content. By continuing to access this content, you agree to the above and accept the possibility of changes in the information provided.

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