dYdX Season 5 Rewards Conclude with $5 Million DYDX Payout

IconCryptoNewsTerminal Staff24 Jul, 2024

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dYdX Season 5 Rewards Conclude with $5 Million DYDX Payout

DeFi derivatives exchange dYdX has successfully wrapped up the fifth season of its popular trading rewards program, distributing a stunning $5 million worth of DYDX tokens to 2,700 deserving accounts. This generous giveaway marks a significant milestone for dYdX as it continues to incentivize active trading and community participation. The recently concluded Season 5 has set the stage for Season 6, which is now officially underway. Traders are actively vying for a share of the newly allocated rewards pool, eager to maximize their earnings and contribute to the vibrant dYdX ecosystem. With Season 6's commencement, dYdX has taken another step toward fostering a thriving and rewarding trading environment for its users.