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dYdX Governance Approves Buyback Increase to 75% of Protocol Revenue

The dYdX community voted to increase its buy-back allocation for DYDX tokens from 25% to 75% of net protocol fees. This change, approved by 59.38% of participants, reflects a strategic shift aimed at aligning tokenomics more closely with platform performance. The governing body intends to use the majority of protocol revenue for open market repurchases and staking DYDX tokens. In addition to the increased buy-back, 5% of protocol revenue will be allocated to the Treasury SubDAO and another 5% to the MegaVault. The update is part of ongoing refinements in dYdX's approach to tokenomics, which include a previous buy-back program initiated in March 2025, alongside plans to reduce token supply through decreased emissions. The dYdX team confirmed the implementation of this new allocation immediately following the vote, emphasizing a focus on enhancing network security and tightening the circulating supply of tokens.

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