Coinpaper
2025-12-09 11:22:20

This $50 Million BONK Decision Could Reshape Solana Trading on dYdX

The dYdX community has begun reviewing a governance proposal that could designate BONK as an official integration partner for the decentralized exchange's revenue-sharing program. The proposal seeks to leverage BONK's substantial retail presence on the Solana blockchain to drive new user activity to the dYdX Chain. Under the proposed arrangement, BONK would develop and deploy a dedicated trading frontend that connects directly to the dYdX Chain infrastructure. All trading activity generated through this BONK-branded interface would route through the protocol's order tracking system. The partnership would grant BONK a 50% share of protocol trading fees generated by users accessing dYdX through the integration. The proposal emphasizes BONK's position as one of the largest retail-focused communities within the Solana ecosystem. Community members believe this user base could introduce significant trading volume to the dYdX platform while expanding the exchange's reach across Solana-native traders. Revenue-Sharing Framework Targets Strategic Partnerships The BONK integration proposal operates within the dYdX Q4 roadmap framework, which established formal mechanisms for governance-approved partnerships. This structure allows external projects to earn protocol fee shares based on the trading activity they generate. The revenue-sharing model aims to create alignment between dYdX and partner protocols. By offering financial incentives tied to actual user engagement, the framework encourages partners to actively promote the platform and maintain high-quality user experiences. The structure also provides dYdX with measurable metrics for evaluating partnership performance. Partners accepted into the program gain access to the dYdX Chain's liquidity and trading infrastructure while maintaining their own branded interfaces. This arrangement allows projects to offer perpetual trading capabilities to their communities without building independent exchange infrastructure. Timeline and Governance Process Community members can now submit feedback on the BONK integration proposal through official dYdX governance channels. The review period allows stakeholders to raise concerns, suggest modifications, or express support for the partnership. BONK plans to advance the proposal to an on-chain governance vote on December 11, 2025, assuming no significant objections emerge during the feedback phase . The on-chain vote will determine whether the integration receives formal approval from dYdX token holders.

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