dYdX Unleashes Performance-Based 50% Affiliate Tier
dYdX's v9.4 upgrade introduces a dynamic, performance-based affiliate fee structure, raising the base commission to 30% and offering up to a 50% tier.Summary
dYdX has implemented a critical v9.4 software upgrade, replacing its static affiliate reward system with the Sliding Affiliate Fee Feature, which is designed to be a dynamic, performance-based economic engine. This change eliminates governance overhead previously required to adjust static VIP tiers. Affiliates now automatically start at a 30% revenue share of taker fees, up from the previous 15% baseline. Commissions are calculated based on a trailing 30-day referred volume, featuring tiers that reach 40% for $1M-$10M in volume and a top tier of 50% for volume exceeding $10,000,000. This structural shift automates rewards based on merit, allowing the DAO to focus on core strategic decisions like risk management and protocol development, thereby strengthening dYdX's competitive position in decentralized finance.
(Source：BeInCrypto)