dYdX VIP Affiliate Whitelist Vote

The vote, live since July 24, lets dYdX token holders decide whether to greenlight new VIP affiliates like Coinboys and AirdropsTeam, selected for their social influence and audience alignment with DeFi traders. The program excludes U.S. and Canadian residents due to regulatory hurdles, a common challenge in crypto. Approval could boost trading volume and ecosystem activity, while rejection might signal a cautious community stance. The outcome, due by 14:29 UTC, will set a precedent for future governance decisions.

Recent News

dYdX has been on a roll. In May 2025, the Foundation rolled out its first VIP Affiliate batch, showcasing a commitment to growth. The Treasury SubDAO’s midyear report, released recently, highlighted staking and buyback successes, reinforcing financial stability. Kuyen Labs, a key partner, received a grant to enhance the program, signaling strong backing for this initiative.

Future Plans

Looking ahead, dYdX plans to review VIP performance every three months, with potential demotions for underperformers. The roadmap also teases expanded governance tools and new market listings, aiming to solidify its spot in the DeFi space. Affiliates could see adjusted fee shares via future proposals, keeping the program dynamic.

Onchain Data

Exact vote tallies aren’t public yet, but dYdX’s transaction volume remains robust. Visa Onchain Analytics notes stablecoin trading—key to dYdX’s leveraged model—averages billions weekly, with weekends showing higher activity. Staking metrics from the Treasury SubDAO report show steady growth, though specific affiliate-driven volume isn’t isolated.

Community Sentiment

X buzz is positive, with users like Casabella and Mentor expressing excitement about voting. Influencers like Sea praise the whitelist’s potential to enhance affiliate benefits, though some caution about governance risks. The tone leans bullish, with calls to participate, though data on vote turnout is pending.

Additional Insights

This vote mirrors trends in DeFi, where platforms like Uniswap use similar incentives. Competitors lag in structured affiliate programs, giving dYdX an edge. For users, the program offers referral perks, but the 3-month review period adds accountability. Regulatory exclusions might limit reach, yet the focus on high-impact affiliates could offset this.

Risk Disclaimer: Crypto votes and affiliate programs carry volatility and regulatory risks. Always research before engaging.