CoinRoutes Becomes the First Governance-Approved Partner in dYdX Revenue Share Program

CoinRoutes has been approved as the inaugural on-chain revenue partner in the dYdX Chain's new Partner Revenue Share program, which was established via dYdX governance. This program is designed to reward third-party services, such as trading bots and institutional brokers, for directing order flow to the dYdX Chain by giving them a share of the resulting trading fees. CoinRoutes, a provider of algorithmic trading technology, will leverage its institutional network to route professional and institutional clients to dYdX's on-chain liquidity. Ian Weisberger, CEO of CoinRoutes, stated that this combination of execution technology and decentralized infrastructure opens new opportunities for global traders. This partnership marks a key step for the dYdX Chain in fostering protocol-aligned growth by incentivizing builders and expanding institutional reach.

(Source：BeInCrypto)