dYdX
dYdX is a decentralized exchange and trading platform offering a for early users and traders.
Steps
How to participate
- 01
Set up a dedicated non-custodial wallet for dYdX. Use or Coinbase Wallet and create a fresh account specifically for this farming activity. A dedicated wallet keeps your dYdX on-chain footprint clean and separate from other activity, reducing false-positive flags caused by cross-protocol patterns.
- 02
Fund your with USDC on a low-fee network such as Arbitrum or Optimism. Starting with $100–500 USDC is the community-suggested minimum. Bridging from Arbitrum costs roughly $0.50–$2 vs $5–$20 from Ethereum — always use a cheaper source chain to maximize net capital deployed.
- 03
Go to dydx.trade and connect your . On first connection you will sign a message (no ) to generate your dYdX Chain sub-account address. This onboarding signature is your first on-chain footprint — it timestamps your account creation and is visible to tools.
- 04
Deposit USDC via the Portfolio → Deposit flow. dYdX supports native cross-chain deposits from Ethereum, Arbitrum, Optimism, Base, Polygon, and Solana. The deposit triggers a cross-chain transaction and creates a balance entry in your dYdX sub-account — this is a distinct on-chain action separate from trading.
- 05
Place your first perpetual trade using a limit order on BTC-USD or ETH-USD. Choose limit over market orders because: (a) they qualify you as a 'maker' with lower fees, (b) they signal intentional trading rather than panic/bot behavior. Open a small position ($50–100 notional) with 2–3× leverage to accumulate volume without significant liquidation risk.
- 06
Trade on at least 3–5 different markets over time. Navigate to Markets and explore newer listings (SOL-USD, DOGE-USD, Silver/XAG-USD, WTI crude oil). Breadth of market usage is a strong signal of genuine engagement. Even one trade per market per month diversifies your footprint meaningfully.
- 07
Maintain a consistent trading cadence — aim for 3–5 active trading sessions per week spread across different days. Historical drops (Arbitrum, dYdX v3) weighted 'distinct active days' heavily. Doing 100 trades in one day counts far less than 100 trades spread across 30+ distinct days.
- 08
Deposit into MegaVault via dydx.trade/vault. Even $50–100 USDC creates a vault deposit record on-chain. MegaVault positions you as a liquidity provider — a categorically different activity from trading — and earns real yield from protocol fees while the deposit sits there. This is a passive background action that improves your engagement profile at zero active effort.
- 09
Acquire a small amount of DYDX tokens (available on major CEXs and on dYdX itself) and stake them to a validator via dydx.trade/DYDX. earns you trading fee revenue and — critically — flags your address as a network participant invested in protocol security, not just a transient user. Even staking 5–10 DYDX creates this record.
- 10
Vote on at least one governance proposal via dydx.trade/DYDX (governance tab) or the dYdX governance forum. Governance participation is the clearest possible signal of genuine community membership vs farming. Check the forum monthly for active votes — proposals range from fee parameter changes to new market listings.
- 11
Generate a referral code via dydx.trade/referrals and share it publicly (Twitter, Telegram, Discord). If even one person uses your code, you create a referral interaction on-chain. The referral system also gives referred users a fee discount, making sharing genuinely useful for others and not purely self-interested.
- 12
Download the official dYdX mobile app (iOS: App Store ID 6475599596, Android: Google Play) and connect the same . Using both desktop and mobile with the same address shows multi-device usage patterns consistent with a real user. Avoid using a VPN when switching between devices as IP inconsistency combined with same wallet timing can trigger anomaly detection.
- 13
Explore spot trading at dydx.trade/spot — a recently launched product. Participating in spot markets in addition to perpetuals creates a richer, multi-product interaction profile. Spot trading requires no leverage management risk and is a straightforward way to add more on-chain activity with minimal capital.
- 14
Track your cumulative trading volume and active days monthly via dydx.trade/portfolio. Screenshot your stats at the start of each month. If a -based claim is ever announced, having documented proof of your activity tiers is useful for disputing incorrect allocations — which is a common issue in large drops.
- 15
Monitor @dYdX on X (Twitter) and join the dYdX Discord server for official announcements. Set up a price alert for the DYDX token — price spikes often correlate with announcement news. When (if) a distribution is announced, follow only the official dydx.trade domain for claiming — do not interact with any 'DYDX claim' links found on social media or unsolicited messages, as the vast majority are phishing attacks.
Project links
Where to cash out
Recommended exchanges
After you receive your tokens — use one of our partner exchanges to cash out. Get fee discounts via our referral links.