dYdX Community Approves Liquidation Rebates Pilot With $1 Million Pool

The dYdX community has approved a Liquidation Rebates Pilot Program through governance voting, allocating up to $1 million to compensate traders affected by liquidation events. The one-month trial begins December 1, 2025, offering points and rebates to eligible participants. The initiative aims to enhance liquidity and risk management on the platform.