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dYdX Governance Approves Buyback Increase to 75% of Protocol Revenue

The dYdX community has voted to increase the buyback allocation from 25% to 75% of net protocol fees, with 59.38% approval. This decision, made on the governance forum, aims to strengthen ties between token-economic incentives and platform performance. Alongside the buybacks, 5% of protocol revenue will be allocated to the Treasury SubDAO and another 5% to the MegaVault. The buyback program, initiated in March 2025, seeks to enhance network security and manage circulating supply as token emissions are set to decline in June 2026. This adjustment reflects a significant shift in how revenue is distributed within the dYdX ecosystem, indicating the community's focus on the economic sustainability of the platform. Starting immediately, 75% of protocol fees will be utilized for purchasing DYDX tokens on the market.

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