dYdX Governance Considers BONK Integration for Revenue Sharing, Potentially Bridging Solana Meme Ecosystem with Derivatives

The dYdX Foundation has announced that its governance community is actively reviewing a proposal to formally integrate the Solana-based meme token BONK as an official partner under the protocol's Partner Revenue Share Program. The proposal, posted on the dYdX community forum, outlines a concrete mechanism where a BONK-branded frontend would route user orders directly to the dYdX Chain.

The proposed financial arrangement is significant: 50% of the protocol's fee revenue generated by this BONK-attributed order flow would be diverted back to the BONK ecosystem via the revenue-share model. The forum post argues that BONK, described as "one of Solana's largest retail ecosystems," could bring a substantial cohort of retail traders to the dYdX derivatives platform, providing a strong distribution channel and a trusted brand among Solana users.

This proposal plugs directly into dYdX's recently launched Partner Revenue Share model, designed to allow governance-approved partners to monetize the order flow they bring to the protocol. If approved, it would mark a notable instance of a meme-token community being formally incentivized to route trading activity to a layer-2 derivatives venue.

The governance process is currently in a discussion phase. dYdX stated that if no major objections arise, BONK is expected to present the proposal for an on-chain governance vote on Thursday, December 11, 2025. This move is part of a broader strategy by dYdX to expand partnerships and ecosystem involvement. The protocol has already advanced similar integration proposals with other entities, including CCXT, Foxify, and CoinRoutes, all following the same 50/50 revenue-sharing framework.

Separately, dYdX has also recently adjusted its core fee distribution model. A new proposal changed the allocation to 50% for stakers and 50% for the Buyback Program, removing allocations to the Treasury SubDAO and Megavault. The platform argues this increases buy pressure and staking incentives, potentially creating a positive feedback loop for the DYDX token.