dYdX considers approving BONK as an integration partner

Source Cryptopolitan

In this post:

  • dYdX reviewed the BONK integration, proposing a branded frontend to capture 50% of the protocol fees.
  • The decentralized finance (DeFi) exchange advanced three partnership proposals, including CCXT, Foxify, and CoinRoutes, enhancing ecosystem involvement.
  • dYdX adjusted fee distribution, increasing stakers’ and buybacks’ shares to strengthen incentives.

On December 8, dYdX governance announced that it is reviewing a proposal to formally integrate BONK as a partner through its Partner Revenue Share Program. dYdX stated that the strategy introduces a BONK-branded frontend that funnels transactions to the dYdX Chain, allowing it to receive 50% of protocol fees from its attributed order flow.

BONK is one of Solana’s biggest retail ecosystems. According to dYdX, the integration of BONK provides a strong distribution channel for Solana traders. The non-custodial trading protocol further stated that the integration of BONK provides a trusted brand among Solana users.

BONK partnership increases dYdX growth

dYdX revealed that its partnership with BONK will expand the protocol’s presence throughout the Solana ecosystem. The non-custodial trading protocol claimed that the collaboration with BONK can significantly raise the volume of new retail takers. 

The decentralized crypto trading platform allowed community feedback. dYdX stated that if no huge objections emerge, BONK will present the on-chain governance proposal for a vote on Thursday, December 11, 2025.

According to the partner integration program, governance-approved partners can earn a portion of the protocol fee, strengthening collaboration incentives, increasing liquidity, and promoting community-driven growth.

In October, dYdX announced a new proposal for a 50/50 distribution between buybacks and stakers to expand dYdX’s impact.

The proposal aimed to modify the previous fee distribution, with 40% allocated to stakers, 25% to the Buyback Program, 25% to Megavault, and 10% to the Treasury SubDAO. According to the decentralized crypto trading platform, the proposed new distribution increased to 50% Stakers, 50% Buyback Program,0% Treasury SubDAO, and 0% Megavault.

dYdX revealed that Treasury SubDAO currently holds more than 60 million DYDX tokens, negating the need for 10% allocations. According to dYdX, Megavault will benefit from higher token prices and more activity on the system. 

The decentralized crypto trading platform claimed that by allocating a bigger share to stakers and buybacks, the trading platform increases buy pressure and staking incentives. dYdX further claimed that the increase in buy pressure and staking incentives may result in a positive feedback loop.

dYdX expands partnerships with integration proposals

dYdX governance has already advanced three similar proposals, demonstrating its continued dedication to increasing partner involvement throughout its ecosystem.

On November 3, CCXT sent an on-chain governance proposal to the dYdX community for approval to become an official dYdX integration partner and take part in the partner revenue share program. dYdX proposed to be eligible to collect 50% of the protocol’s share of trading fees created through CCXT integration under the current system described in the dYdX Rev Share documentation.

According to dYdX, the integration will enable CCXT users to route orders to dYdX with minimal frictions, increasing user engagement and overall liquidity. The dYdX DeFi exchange revealed that revenue share guarantees that CCXT remains in line with dYdX’s long-term performance by profiting in proportion to the flow it generates.

CCXT will facilitate smooth communication between trading systems and developers by adding native support for dYdX Chain markets. Additionally, attribution and fee sharing will be monitored via Builder codes.

On November 19, Foxify submitted a proposal to the dYdX community for approval to become an official integration partner of dYdX. According to the proposal, dYdX will be eligible to collect 50% of the revenue made by users who onboard and trade using the Foxify platform.

Foxify is the first A-book prop firm on Web3 that offers straight-to-live funded accounts. According to the proposal, Foxify will receive 50% of the protocol fees from traders using the Foxify trading platform.

Notably, Foxify will incorporate dYdX Chain as a supported execution venue for both funded and unfunded users straight into the Foxify trading platform.

On September 15, CoinRoutes sent a proposal to the dYdX community to become an integration partner of dYdX. The blockchain-based derivatives exchange will receive 50% of the integration revenue shares under the framework.

The dYdX announcement revealed that CoinRoutes’ integration with the dYdX Chain will allow its professional and institutional trading clients to access deep liquidity on dYdX easily, increasing the protocol’s order flow and volume.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
US Dollar's Decline Predicted in 2026: Morgan Stanley's Outlook on Currency VolatilityMorgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.
Author  Mitrade
Nov 25, Tue
Morgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.
placeholder
XRP Breaks Key Support, Analysts Eye Drop Toward $2.05 as Momentum Turns BearishRipple's XRP fell sharply on Thursday, breaking below a crucial support level and raising the risk of a deeper pullback toward $2.05, as bearish technical momentum outweighed strong institutional inflows into spot ETFs.
Author  Mitrade
Dec 05, Fri
Ripple's XRP fell sharply on Thursday, breaking below a crucial support level and raising the risk of a deeper pullback toward $2.05, as bearish technical momentum outweighed strong institutional inflows into spot ETFs.
placeholder
Asian Markets Steady as Investors Anticipate Fed Rate Cut Amid Internal Debate Asian shares showed mixed performance as investors bet on a likely Federal Reserve rate cut this week. However, tensions within the Fed suggest a contentious meeting, sparking cautious market sentiment.
Author  Mitrade
Yesterday 01: 40
Asian shares showed mixed performance as investors bet on a likely Federal Reserve rate cut this week. However, tensions within the Fed suggest a contentious meeting, sparking cautious market sentiment.
placeholder
Bitcoin Dips Ahead of Fed Meeting as Strategy Acquires 10,624 BTC Amid Market CautionBitcoin declined modestly ahead of the Federal Reserve's anticipated rate cut, trading around $90,011.6. Strategy's recent purchase of 10,624 BTC enhances its total to 660,624 BTC despite potential index exclusions.
Author  Mitrade
3 hours ago
Bitcoin declined modestly ahead of the Federal Reserve's anticipated rate cut, trading around $90,011.6. Strategy's recent purchase of 10,624 BTC enhances its total to 660,624 BTC despite potential index exclusions.
placeholder
Gold's Historic 2025 Rally: Can the Momentum Last Through 2026?Following a historic surge in 2025 that saw prices climb over 60% and break records more than 50 times, gold investors are now looking ahead to assess whether the precious metal can sustain its momentum into 2026. Despite outperforming most major asset classes and heading for its best annual performance since 1979, analysts are divided on the outlook—with some seeing further room for gains and others cautioning that risks are rising.
Author  Mitrade
3 hours ago
Following a historic surge in 2025 that saw prices climb over 60% and break records more than 50 times, gold investors are now looking ahead to assess whether the precious metal can sustain its momentum into 2026. Despite outperforming most major asset classes and heading for its best annual performance since 1979, analysts are divided on the outlook—with some seeing further room for gains and others cautioning that risks are rising.
goTop
quote