Airdrop Details
| Information |
Details |
| Airdrop Type |
Retroactive Mining Rewards |
| Total Airdrop Amount |
50,309,197 $ethDYDX |
| Number of Eligible Users |
64,306 |
| Number of Claimants |
61,075 |
Timeline
| Event |
Date |
| Blockchain Snapshot |
July 26, 2021 |
| Claiming Started |
September 8, 2021 |
| Claiming Ends |
Not Known |
Token Distribution
| Distribution |
Amount |
| Maximum |
24,690,802.79 $ethDYDX |
| Median/Average |
809.06 / 2,725.31 $ethDYDX |
| Minimum |
310.75 $ethDYDX |
Eligible users must have engaged in past dYdX trading activities on Layer 1 or Layer 2, including perpetual, margin, and spot trading, or deposited funds into dYdX’s borrow/supply pools. Claimants had to meet specific milestones within the first 28-day epoch (Epoch 0) to be eligible for rewards.
User Breakdown:
| Category |
Unique Users |
Tokens/User |
Claim Milestone |
| User Deposited |
36,203 |
310.75 |
Make 1 trade |
| Traded $1K — 10K |
20,305 |
1,163.51 |
Trade $500 |
| Traded $10K — 100K |
4,828 |
4,349.63 |
Trade $5K |
| Traded $100K — $1M |
1,754 |
6,413.91 |
Trade $50K |
| Traded $1M+ |
787 |
9,529.66 |
Trade $100K |
| Expo Bonus |
663 |
565.61 |
No history, make 1 trade |
Important Links
- The airdrop was designed to reward historical dYdX users and incentivize them to trade on dYdX v3.
- Any unclaimed rewards at the end of Epoch 0 were transferred to the community treasury.
- Rewarded $ethDYDX tokens will remain claimable in perpetuity and become transferable after the initial transfer restriction period is lifted.