We’re excited to announce CoinRoutes as the very first governance-approved on-chain revenue partner on the dYdX Chain.

dYdX recently introduced Partner Revenue Share, a governance-approved model that directly rewards third-party services like trading bots, terminals, front-ends, and institutional brokers for routing order flow to the dYdX Chain.

With governance approval, partners now earn a share of the trading fees their referred users generate, making revenue sharing a built-in feature of the protocol. This alignment of incentives strengthens the dYdX ecosystem and extends its reach to new audiences of traders and institutions.

Learn more about Partner Revenue Share here.

Why CoinRoutes

CoinRoutes is a leading provider of algorithmic trading and smart order routing technology. By integrating with the dYdX Chain, CoinRoutes will provide access to dYdX’s deep liquidity for its network of professional trading and institutional clients. This partnership brings incremental order flow to the protocol, expanding the reach of dYdX to new market segments.

Key strengths CoinRoutes brings:

• Institutional Reach: CoinRoutes is trusted by institutional and professional traders worldwide, with a well-established network of clients spanning hedge funds and active trading firms.

• Technology Edge: CoinRoutes offers a technology edge with a best-in-class execution platform designed to minimize slippage and optimize performance across multiple liquidity pools.

• Shared Mission with dYdX: CoinRoutes’ mission to provide transparent and efficient trading aligns closely with dYdX’s vision for a decentralized and performant trading infrastructure. 

As Ian Weisberger, CEO and Co-Founder of CoinRoutes, notes, “By combining CoinRoutes’ best-in-class execution technology with dYdX’s decentralized infrastructure, we’re unlocking new opportunities for traders worldwide while helping build a more transparent, efficient, and aligned trading ecosystem.”

Looking Ahead

The launch of Partner Revenue Share and the onboarding of CoinRoutes as its first governance-approved participant marks an exciting chapter for the dYdX Chain. By welcoming high-quality partners like CoinRoutes, we’re building the foundation for protocol-aligned growth: builders are incentivized, users gain better access, and the reach of dYdX expands into new communities and trading networks around the world.