dYdX launches first $DYDX buyback program, repurchasing 25% of protocol net income every month

Odaily News dYdX has announced the official launch of its first $DYDX buyback program, which will use 25% of the monthly net revenue of the protocol to buy back DYDX tokens from the open market. Officials said that this move is aimed at strengthening the long-term commitment to the dYdX ecosystem and will drive more product launches, growth, and value creation.