Crypto

dYdX Governance Approves Buyback Increase to 75% of Protocol Revenue

The dYdX community voted in favor of an updated buy-backs program on its governance forum on Thursday.

Under earlier governance, 25 % of net protocol revenue was allocated to repurchasing DYDX on the open market and then staking the tokens. The new proposal #313, which 59.38% of the community approved, charts a course to raise the buy-back allocation up to 75% of net protocol fees.

This marks a shift in how protocol revenue is distributed and indicates the community’s intention to tie token-economic incentives more directly to platform performance.

In addition to the 75%, protocol revenue sharing will include 5% going to Treasury SubDAO, and 5% to the MegaVault.

DYdX had already launched a buy-back program in March 2025 and token emissions were scheduled to decline in June. The rising buy-back allocation is therefore part of a broader tokenomics refinement aimed at tightening circulating supply and enhancing network security.

“Starting today, 75% of protocol fees will be used to buy back DYDX on the open market,” said the dYdX team on a post on X.

Read more: Decentralized Exchange dYdX Acquires Social Trading App Pocket Protector

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