The dYdX community has proposed a three-month trial starting November 1, 2025, to allocate 100% of the protocol's net transaction fees for DYDX token buybacks. This initiative aims to enhance the token's value by repurchasing approximately $5 million to $10 million worth of DYDX tokens. During the trial, validator and staker rewards will be funded from the community treasury to ensure network security and prevent fee dilution.
The trial, set to conclude on January 31, 2026, seeks to evaluate the impact on price-to-earnings ratios and market capitalization efficiency. The original fee allocation will automatically resume post-trial. The proposal is slated for submission on November 3, 2025.
dYdX Proposes Three-Month DYDX Buyback Trial Using Protocol Fees
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