dYdX Governance Approves Buyback Increase to 75% of Protocol Revenue

The dYdX community voted in favor of an updated shopping program in their governance forum on Thursday.

Under the previous governance, 25% of the net revenue of the protocol was allocated to the recovery of DYDX in the open market and then staking the tokens. The new proposal #313that 59.38% of the approved community, traces a course to raise the buy-back allocation up to 75% of the net protocol fees.

This marks a change in the protocol’s revenue distribution and indicates the community’s intention to link token economic incentives more directly to platform performance.

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

DYdX had already launched a buy-back program in March 2025 and token issuances were expected to drop in June. The increasing buy-back allocation is therefore part of a wider tokenomics refinement aimed at strengthening the circulating supply and strengthening the security of the network.

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

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