Ops subDAO Update and Finance Review 2025
2025 Finance Overview
Key Expense Categories
The four largest expenditure categories for 2025 were:
- 56% – Indexer (AWS, compliance, 24/7)
- 22% – Contributors
- 12% – Professional Services (legal, customer support)
- 5% – IT Infrastructure
The DOS spend stayed constant during 2025 while expanding our services. This was achieved through continuous spending reviews, active rightsizing of services, in-housing expensive outsourced tasks, and reducing team size.
Spending Trends and Forecast
In 2026, the DOS has significantly reduced its footprint and monthly spend without reducing scope. Key initiatives that have enabled us to cut roughly $120k monthly include:
- In-housing the indexer and 24/7 on-call
- Reduction in force from six to four people
- Rightsizing AWS infrastructure
Current Team
- Dimitar: Head of Technology
- Rudi: Tech Team Lead
- Ben: Senior QA Engineer
- Valentin: General Manager
2026 Plans
The DOS team is preparing to further professionalize infrastructure operations and deepen integration into the dYdX Chain stack. The focus is on bringing as much as possible in-house to improve cost efficiency.
DOF Directors Update
In January, two of the five DOF Directors resigned: Joanna Pope and Areta.io. The entire Ops subDAO team thanks them for their hard work and contributions, particularly Joanna Pope, who was instrumental in getting the subDAO off the ground.
DOF Supervisor Update
Alongside the Directors, Joseph Axisa (the supervisor) has also resigned. This role is currently being filled by our law firm, TTA. We thank Joseph for his contributions to the subDAO and the broader dYdX community, and for being a valuable contrarian voice when needed.
dYdX Ops subDAO Holdings (as of March 27, 2026)
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