The dYdX Foundation has announced the launch of a new iteration of its grant program, funded by the dYdX Chain Community Treasury with $8 million.
Significance of the New Grant Program
Crypto derivatives are one of the largest and most profitable markets in digital assets, with annual trading volumes exceeding $25 trillion. However, DeFi derivatives account for less than 1% of that figure, presenting significant opportunities for institutional growth. dYdX stands as one of the leading and most mature decentralized derivatives protocols, poised to capture a substantial share of this market.
Program Priorities
The $8 million funding will be deployed over 12–18 months across three strategic categories:
* Infrastructure, tooling, and security * Ecosystem growth initiatives * Research and development
Efficient Grant Management Model
The new grant program will be operated in-house by dYdX Grants Ltd., a wholly owned subsidiary of the Foundation. This transition replaces the previous Grants DAO structure, enabling faster execution, lower overhead, and tighter alignment with protocol objectives. A dedicated team will manage all funding decisions with transparent reporting and milestone-based accountability.
The launch of the new grant program demonstrates dYdX Foundation's commitment to actively supporting ecosystem growth and attracting new developments in the decentralized finance sector.
