<div id="readability-page-1"><div><p><span>According to the on-chain governance proposal shared by dYdX Foundation on X (announcement) and detailed in the associated forum thread and Mintscan proposal page, the community is voting on whether to extend the Loss Rebate Pilot Program by one month, with the vote ending on 25 December 2025. The program partially reimburses liquidation losses using previously allocated protocol resources, effectively subsidizing risk-taking and leverage. If extended, it could support trading volumes and fee generation on dYdX Chain, potentially improving perceived protocol growth and demand for DYDX used in staking and governance. If it fails, incentives decline sooner, reducing costs but possibly dampening speculative activity.</span></p><div><blockquote><div><p><span>️ On-Chain Vote Created ️</span></p><p><span>Should the community approve extending the Loss Rebate Pilot Program for an additional month?</span></p><p><span> Vote ends on Dec 25th 2025, 01:45 UTC*</span></p><p><span> </span>https://t.co/KaBKXNYuWx</p><p><span>️ </span>https://t.co/GyPU7JuYTx<span> </span>pic.twitter.com/uFET4btpmx</p></div><span>Dec 23, 2025</span><span></span></blockquote></div></div></div>

<p>dYdX Foundation announced a vote on extending the Loss Rebate Pilot Program by one month, ending on December 25, 2025. The program reimburses liquidation losses, potentially boosting trading volumes and fee generation on dYdX Chain. If extended, it may enhance protocol growth and demand for DYDX. If not, incentives decline, reducing costs but possibly dampening speculative activity.</p>

dYdX - Loss Rebate Vote Ends - 25 December 2025