dYdX Foundation allocates 8 million USD in DYDX tokens to accelerate ecosystem development
Aug 11, 2025 21:00:05
news, the dYdX Foundation has announced the allocation of 8 million USD in DYDX tokens from the dYdX chain community treasury to fully upgrade its funding program, aiming to accelerate ecosystem growth, enhance capital efficiency, and provide scalable strategic funding support for high-impact projects. It is reported that the 8 million USD will be focused on three major areas over the next 12-18 months:
- Infrastructure, development tools, and security system construction
- Ecosystem expansion plans
- Cutting-edge technology research and development
The new program will be directly operated by the foundation's wholly-owned subsidiary, dYdX Grants Ltd., replacing the original Grants DAO structure.