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dYdX Community Approves Liquidation Rebate Pilot Program
11/30/2025, 03:05
AI SUMMARY
●dYdX community approves one-month liquidation rebate pilot starting Dec 1, 2025.
●Program offers points and rebates up to $1 million for liquidated traders.
●Initiative seeks to mitigate user losses during liquidation events.
The dYdX community has voted to pass a proposal for a one-month pilot "Liquidation Rebate Program," scheduled to commence on December 1, 2025. The program is designed to compensate traders who experience liquidation events.
Under the terms of the pilot, affected traders will be rewarded with points and rebates from a pool capped at $1 million. This governance decision aims to mitigate the impact of liquidations on users and potentially improve user retention during volatile market conditions.