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

Eligibility Criteria

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

Additional Information

  • 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.