dYdX Halt：探索薪酬格局

dYdX 链面临不稳定。这篇博文总结了事件、薪酬和未来的改进，为交易者和社区成员提供了见解。

dYdX Halt: Navigating the Compensation Landscape

dYdX Halt：探索薪酬格局

On October 10, 2025, the dYdX Chain experienced a brief period of instability due to extreme market volatility, triggering a rare protocol edge case. The team swiftly addressed the issue, restoring normal operations shortly after midnight on October 11, 2025. User funds remained secure, and trading has since stabilized. Let's dive into what happened and what's next.

2025 年 10 月 10 日，由于市场剧烈波动，dYdX Chain 经历了短暂的不稳定，引发了罕见的协议边缘案例。该团队迅速解决了该问题，并于 2025 年 10 月 11 日午夜过后不久恢复了正常运营。用户资金仍然安全，交易从此稳定下来。让我们深入了解发生了什么以及接下来会发生什么。

Unprecedented Market Conditions and a Swift Response

前所未有的市场状况和快速反应

The incident occurred during a sharp downturn in digital asset prices across multiple markets. While dYdX is designed to handle large liquidations, the extreme volatility exposed an unexpected edge case in isolated markets. A sequencing error led the system to register a negative balance, despite the insurance fund's ability to cover the shortfall. The fail-safe mechanism paused the chain activity, preventing potential imbalances.

该事件发生在多个市场的数字资产价格急剧下跌期间。虽然 dYdX 旨在处理大规模清算，但极端波动暴露了孤立市场中意想不到的边缘情况。尽管保险基金有能力弥补缺口，但排序错误导致系统出现负余额。故障安全机制暂停了链活动，防止潜在的不平衡。

The dYdX Labs engineering team quickly developed and tested a patch, and the chain was back online by 1:41 AM ET on October 11, after a validator upgrade. While some validators experienced brief stale price updates after the restart, price feeds normalized once over 67% of validators resumed oracle posting, and trading returned to normal.

dYdX Labs 工程团队快速开发并测试了补丁，验证器升级后，该链于美国东部时间 10 月 11 日凌晨 1:41 重新上线。虽然一些验证者在重启后经历了短暂的陈旧价格更新，但一旦超过 67% 的验证者恢复了预言机发布，价格供给就恢复正常，交易也恢复正常。

Community Communication and Compensation Claims

社区沟通和赔偿索赔

dYdX prioritizes community trust and acknowledges the stress experienced by affected traders. The User Support team actively communicated via X, Discord, and the official dYdX Intercom platform.

dYdX 优先考虑社区信任，并承认受影响交易者所承受的压力。用户支持团队通过 X、Discord 和官方 dYdX Intercom 平台积极沟通。

Affected users are encouraged to submit claims by Friday, October 24, 2025, for individual review. The protocol's well-capitalized insurance fund is expected to cover verifiable losses, with compensation decisions subject to community governance and approval. It’s reassuring to see dYdX taking responsibility and offering compensation. Hopefully, the claims process will be smooth and transparent.

我们鼓励受影响的用户在 2025 年 10 月 24 日星期五之前提交索赔，以供单独审核。该协议资本充足的保险基金预计将弥补可核实的损失，赔偿决定须接受社区治理和批准。看到 dYdX 承担责任并提供赔偿令人放心。希望索赔过程将顺利和透明。

Strengthening Decentralization and Coordination

加强权力下放和协调

The outage highlighted the need for improved validator coordination during live incidents. dYdX plans to enhance its response and communication strategies in challenging situations. The team is working to improve how it responds to issues and communicates during such difficult situations.

这次中断凸显了在现场事件期间改进验证器协调的必要性。 dYdX 计划增强其在挑战性情况下的响应和沟通策略。该团队正在努力改进在这种困难情况下响应问题和沟通的方式。

These outages are rare for dYdX. Over eight years, the protocol has become a trusted decentralized trading platform, surpassing $1.5 trillion in total volume.

对于 dYdX 来说，这些中断很少见。八年来，该协议已成为值得信赖的去中心化交易平台，总交易量超过 1.5 万亿美元。

dYdX Foundation Analyst Call: Looking Ahead to 2026

dYdX 基金会分析师电话会议：展望 2026 年

The dYdX Foundation hosted its October 2025 Analyst Call, reviewing protocol performance, token metrics, and the roadmap for 2026. The dYdX Chain continues to lead in decentralized derivatives, exceeding $1.52 trillion in lifetime trading volume. The protocol has generated over $62 million in cumulative fees, with almost $50 million in rewards distributed to stakers. The number of DYDX holders has grown to over 92,000.

dYdX 基金会举办了 2025 年 10 月分析师电话会议，审查了协议性能、代币指标和 2026 年路线图。dYdX 链继续在去中心化衍生品领域处于领先地位，生命周期交易量超过 1.52 万亿美元。该协议已产生超过 6200 万美元的累计费用，并向质押者分配了近 5000 万美元的奖励。 DYDX 持有者数量已增长至超过 92,000 人。

The DYDX token remains central to the ecosystem's security, with over 240 million DYDX staked across validators. The DAO-approved Buyback Program has repurchased over 5.3 million DYDX tokens, with more planned for Q4 2025. dYdX enters the final quarter of 2025 positioned for continued growth, emphasizing performance and institutional-grade innovation in its 2026 roadmap.

DYDX 代币仍然是生态系统安全的核心，验证者质押了超过 2.4 亿个 DYDX。 DAO 批准的回购计划已回购超过 530 万个 DYDX 代币，并计划在 2025 年第四季度回购更多代币。dYdX 进入 2025 年最后一个季度，定位于持续增长，在 2026 年路线图中强调业绩和机构级创新。

Final Thoughts

最后的想法

The recent dYdX halt, while disruptive, underscores the importance of robust protocols and responsive teams in the decentralized finance space. The commitment to transparency, community communication, and compensation is a positive sign. As dYdX continues to evolve, these lessons will undoubtedly contribute to a more resilient and user-friendly platform. Here's to smoother trading ahead!

最近的 dYdX 暂停虽然具有破坏性，但强调了去中心化金融领域强大的协议和快速响应的团队的重要性。对透明度、社区沟通和补偿的承诺是一个积极的迹象。随着 dYdX 的不断发展，这些经验教训无疑将有助于打造一个更具弹性和用户友好的平台。这是为了让未来的交易更加顺畅！