dYdX Community Approves Major Shift: 75% of Protocol Revenue Now Goes to DYDX Buybacks

The dYdX Foundation has confirmed a major change to the protocol’s revenue distribution. The community has officially voted to approve the proposal to allocate 75% of protocol revenue to DYDX buybacks.

The shift takes effect immediately, marking one of the largest redistributions since the chain’s launch.

The update moves the protocol from a 25% buyback model to a 75% model. In practice, this means three out of every four dollars earned through trading fees will now be used to purchase DYDX on the open market.

The change is designed to increase direct buying pressure, tighten token supply over time, and reinforce long-term value for holders.

The announcement was shared publicly by the dYdX Foundation and the protocol’s governance accounts. The team framed the upgrade as a data-driven correction to improve capital efficiency across the ecosystem.

A link to the official announcement:

The community has voted to increase $DYDX buybacks from 25% → 75%.

Starting today, 75% of protocol fees will be used to buy back DYDX on the open market