According to @dydxfoundation, targeted incentives like Fee Holidays produced 2-3x trading volume increases on core markets, source: dYdX Foundation on X, Jan 15, 2026. The foundation also stated that dYdX Surge and Trading Leagues were designed to reward sustained, high-quality participation, source: dYdX Foundation on X, Jan 15, 2026. These reported outcomes indicate program periods have coincided with elevated activity on core markets, which is relevant for traders timing execution and liquidity needs, source: dYdX Foundation on X, Jan 15, 2026.