dYdX's Surge Season 5, the incentive model has been changed quite ruthlessly this round. The prize pool is pulled to $3 million, and the mechanism is simple and crude: you trade, you generate fees, and the system will issue rewards in proportion, without registration or declaration, and it will automatically go on the chain. The most interesting thing is that it now has two pools in parallel, and you can get two copies of the same transaction. Example: - Trade on the Perp market, pay a $10,000 fee, which is 1% of the entire network, and you can get $22,500 - $7,500 if you're using the official frontend Together, you can get up to $30,000 back on a single transaction, not points, not cashback, but real DYDX rewards. For high-frequency users, this design is very clear - don't play routines, don't pile thresholds, it depends on how much work you do on the chain with real money. @ChaosLabs is running data, and all the distribution process is governed and implemented on the chain, and all details are open and transparent, so there is no need to worry about a project party secretly changing the rules. Compared with CEX, slippage, liquidity, and liquidation speed, dYdX is no longer inferior to large platforms, the key is to control the assets themselves, settle the transaction on the chain, and there is no lock-up or black box. I feel that @KaitoAI Chinese area has not moved much, and the list is basically occupied by foreigners. In fact, there is no threshold for the rules, and the operation is not complicated. Official Website: #dYdX #SurgeSeason5 #Kaito #Yap