dYdX has paid trading rewards for years and is the longest-running example of a perp DEX incentive program. It is where you benchmark the sustainable, post-hype rate of return on farming volume.
Token already launched — trade it for liquidity or post-TGE rewards, not for an airdrop.
Annualised from the venue's own 1-hour funding interval. Negative means longs are paid to hold, which is the cheapest way to keep volume running. Compare across venues →
