dYdX's Surge Season 5 has made some significant changes to its incentive model. The prize pool has been raised to $3 million, and the mechanism is straightforward: you trade, you generate transaction fees, and the system distributes rewards proportionally, all automatically on-chain without the need for registration or declaration. What's most interesting is that it now has dual pools running in parallel, allowing you to earn rewards from the same transaction twice. For example: - If you trade in the perp market and pay $10,000 in fees, which accounts for 1% of the total network, you can earn $22,500. - If you use the official front end, you get an additional $7,500. In total, a single transaction can return up to $30,000; this is not points, not cashback, but real DYDX rewards. For high-frequency users, this design is very clear—no tricks, no thresholds, just a straightforward look at how much real money you’ve put to work on-chain. @ChaosLabs is running the data, and the distribution process is entirely governed on-chain, with all details being public and transparent, so there’s no worry about a project secretly changing the rules. Compared to CEX, in terms of slippage, liquidity, and settlement speed, dYdX is now on par with major platforms, with the key advantage being that you control your assets, and transactions settle on-chain without locking or black boxes. It seems that @KaitoAI's Chinese community hasn't been very active, and the leaderboard is mostly occupied by foreigners. In fact, the rules have no thresholds, and the operations are not complicated; those with strategies and volume can jump right in. Official website: #dYdX #SurgeSeason5 #Kaito #Yap