CoinRoutes has been approved as the first on-chain revenue partner within the newly launched partner revenue sharing framework on the dYdX Chain.
The Partner Revenue Share Program, approved through dYdX Governance, introduces mechanisms to reward third-party services, including trading bots, terminals, front-ends, and institutional brokers, for routing order flow to the dYdX Chain.
In this model, partners receive a portion of the transaction fees generated by referred users, embedding revenue sharing directly into the protocol’s design. The initiative will align incentives across the ecosystem and foster sustainable participation from builders, service providers and traders.
Learn more about partner revenue sharing.
About CoinRoutes
CoinRoutes is a global provider of algorithmic trading and smart order routing technology. Through its integration with dYdX Chain, CoinRoutes enables a network of professional and institutional customers to access dYdX’s on-chain liquidity. This partnership is expected to introduce additional order flows to the protocol and expand the reach of institutions.
The main strengths that CoinRoutes brings to the ecosystem are:
Reaching institutional investors: A trusted network of professional traders and institutions, including hedge funds and active trading firms. Technology Edge: An execution platform designed to minimize slippage and optimize performance across multiple liquidity venues. Common Mission: A focus on transparency and efficiency that closely aligns with dYdX’s vision for a decentralized, high-performance trading infrastructure.
Looking to the future
The launch of the partner revenue share model and the onboarding of CoinRoutes as the first governance-approved participant marks an important milestone for dYdX Chain. This framework establishes the foundation for growth along the protocol, incentivizing builders, giving users better access to liquidity, and expanding the network into new trading communities and institutional markets.
Ian Weisberger, CEO and co-founder of CoinRoutes, commented:
“The combination of CoinRoutes’ execution technology and dYdX’s decentralized infrastructure opens new opportunities for traders around the world and contributes to a more transparent and efficient trading ecosystem.”
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