dYdX just recorded its strongest month in Q4 with $16.1 billion in perpetual trading volume over the last 30 days. Daily volumes regularly hit $600-800M now. Two big moves in December: Launched Solana spot trading - first time US users can access dYdX Extended fee-free trading for BTC and SOL perps through December They're approaching $400B in cumulative volume since launch. The recent $1M liquidation rebate program is attracting more active traders during volatility. With $2.18B TVL and yield-bearing margin products, dYdX is building serious institutional-grade derivatives infrastructure onchain.

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