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dYdX Foundation: Funding program has been initiated since August 2025, resulting in annual cost savings of approximately $2 million

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2025-12-05 07:29:27
The dYdX Foundation posted on the X platform that since August 2025, the dYdX Foundation has launched a Grants Program to strengthen accountability mechanisms, transparency, and influence tracking.
During the first three months of the project, annual cost savings of approximately $2 million have been achieved through impact-linked contract renewals, renegotiations and termination of operations.
Recent funding developments include: funding OEGS to support low-latency, fair-access trading services; supporting the "Free Deposit initiative" to enable zero-fee cross-chain bridging of Ethereum and Layer 2 networks (L2s); funding related research to inform decisions on BTC and SOL transaction fee reductions, which are estimated to have tripled transaction volume.
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