The dydX is one of the most interesting and biggest airdrop among the retroactives. With the least amount of money and time users were getting quite a lot of rewards. For a simple deposit in dydX = $3,000. Rewards reached over $120,000+.

dYdX is a decentralized finance (DeFi) platform on the Ethereum blockchain that offers advanced financial services such as trading, borrowing, and lending of digital assets. Using STARK (zero-knowledge) Rollups for scalability, it has evolved from a simple spot trading platform to include complex financial instruments like margin trading and derivatives.

dYdX launched its native token with one of the largest distributions in decentralized finance. dYdX dropped 7.5% of its initial billion-strong token supply. At the price of $11.12, those 75M tokens are worth more than $800M. At one point the airdropped tokens’ value eclipsed $1B.

To get the airdrop users needed to:

• Make deposit: 310.75 tokens = $3,729 on listing
• Trade $1-$10,000: 1,163.51 tokens = $13,963 on listing
• Trade $10,000 - $100,000: 4,349.63 tokens = $52,195 on listing
• Trade $100,000 - $1,000,000: 6,413.91 tokens = $76,966 on listing
• Trade $1,000,000+: 9,529.86 tokens = $114,358 on listing

Data from CoinGecko shows that on its first day of trading live in the markets, DYDX is trading at a price of $10.28 at the time of writing after hitting an intra-day high at $14.24.

Despite the substantial profit, the airdrop by dYdX didn't please everyone. The platform announced that residents of the U.S. were excluded from receiving the airdrop, likely due to regulatory worries. Some individuals on Twitter attributed this exclusion to the Securities and Exchange Commission (SEC), sarcastically thanking them for "shielding" them from the airdrop. The SEC's role is to enforce securities laws and safeguard investors from illicit market activities.

The trading volume on dYdX exceeded $1B in August, as mentioned by Antonio Juliano, the project's founder, during his appearance on The Defiant's podcast in March.