dYdX Launches Liquidation Rebates Pilot Program to Reward Traders Up to $1 Million Starting December 1, 2025

COINOTAG News reported in late November that the dYdX community proposed a new initiative named the Liquidation Rebates Pilot Program. The plan calls for a one-month trial starting on December 1, 2025, to reward traders who experience a liquidation event with points and rebates, with rewards capped at $1 million in total.

Under the proposal, eligible participants will accumulate the described rewards through the pilot’s structured framework, designed to provide tangible value to active traders while maintaining a transparent process. The scheme’s total incentive pool of up to $1 million reflects a measured approach to supporting liquidity and risk management within the platform.