Telegram Trading Aims to Reverse dYdX's Earnings Slide

dYdX, a decentralized exchange platform, is set to launch a Telegram-based trading feature in September 2025, according to its updated 2025 roadmap. This move is intended to enhance user accessibility and performance, particularly amid a reported 84% decline in the platform’s earnings for the second quarter of 2025 compared to the same period in 2024. The feature follows dYdX’s recent acquisition of Pocket Protector, a social trading application, and the appointment of co-founder Eddie Zhang as the new President of dYdX Labs. The integration is expected to allow users to trade directly within the Telegram messaging app, aligning with broader trends in the decentralized finance (DeFi) sector aimed at broadening user bases through platform diversification [2].

The new roadmap outlines a series of software upgrades designed to reduce trading latency and improve the user experience. Notable features include a partner fee share program, allowing liquidity contributors to earn up to 50% of protocol fees, as well as the introduction of Scale and TWAP (Time-Weighted Average Price) orders for greater trade control. These updates are part of a strategic effort to enhance dYdX’s performance and competitive positioning. In addition, the platform is introducing social login options, such as Apple, Google, or Passkey authentication, which are expected to streamline the onboarding process for new users [2].

dYdX has already implemented several upgrades this year, including Builder Codes, which enable partners to integrate and earn from perpetual trading, and a 98% improvement in API performance and reliability. Instant and free deposits on major blockchains like Ethereum, Arbitrum, and Polygon have also been rolled out. Looking ahead, the platform plans to expand its deposit options to include USDT, Solana, and fiat currencies, aiming to further increase accessibility and attract new users [2].

In response to its financial challenges, dYdX is focusing on innovation and accessibility, particularly through the integration of Telegram-based trading. The platform’s broader strategy includes expanding into spot trading, starting with Solana, and integrating more real-world assets into its offerings. These initiatives are part of dYdX’s vision to democratize financial opportunity and provide a seamless, world-class trading experience across devices and platforms [2].

Despite the earnings decline, dYdX continues to emphasize its commitment to improving performance, user experience, and token utility. These upgrades are intended to strengthen the platform’s long-term value proposition and competitive edge in the DeFi market, positioning dYdX to grow the entire open finance ecosystem [2].

Source:

[1] Telegram Trading, Performance Upgrades, and Token Utility (https://www.dydx.xyz/blog/august-roadmap-update)

[2] dYdX to Launch Telegram Trading Amid Earnings Decline (https://www.livebitcoinnews.com/dydx-to-launch-telegram-trading-amid-earnings-decline/)

[3] DeFi Platform dYdX To Launch Telegram Trading in ... (https://coincentral.com/defi-platform-dydx-to-launch-telegram-trading-in-strategic-update/)