Ethereum's Dev Altcoin Will Buy from the Market: Price Has Started to Rise! - Coin Bulletin

dYdX aims to increase the price of the DYDX token with its first Buyback ( Repurchase) Program.

The dYdX community has attracted attention with its Buyback Program, which it launched for the first time. The start of this program aims to support the long-term value of the token. As part of the program, 25% of the protocol's net fees will be used to buy back $DYDX tokens from the open market and restake them in the system every month.

This step aims to strengthen network security and balance the token supply. Following this development, there was a significant increase in the price of the DYDX token. According to CoinGecko data, it rose by 12% from $0.685 to $0.76.

Effects of the buyback program

dYdX distributed 100% of protocol revenues among ecosystem participants over the past year. The Buyback Program makes this distribution more strategic. Currently, protocol revenues are distributed as follows:

• 10% – Treasury SubDAO
• %25 – MegaVault
• 25% – Buyback Program
• 40% – Staking Rewards

The purpose of this structure is to ensure that protocol revenues are reinvested into the ecosystem, to enhance network security, and to support long-term sustainability. Additionally, community discussions are ongoing regarding the possibility of increasing the buyback rate to 100%.

dYdX transitioned from Ethereum to its own Layer 1 chain in 2023. This transition reshaped the token’s supply and distribution strategies. As of March 1, 2025, 85% of the total DYDX supply has been unlocked. This new tokenomics creates an important foundation for the future of the platform. Nevertheless, the community is discussing the implementation of more buybacks during this process.

dYdX plans to offer more innovations in the future, and this buyback program will also contribute to the growth of the platform.