According to @dydxfoundation, dYdX governance was highly active in the first half of 2025, passing 57 out of 60 on-chain proposals that focused on software upgrades, community spending, and protocol parameter updates. Two major trading-impacting decisions included the launch of the DYDX Buyback Program, which is expected to influence DYDX token liquidity and price dynamics, and the closure of the ethDYDX bridge, with 95.8% of tokens successfully migrated. These actions signal a strong move toward protocol sustainability and efficient token management, which are likely to affect DYDX market performance and investor sentiment (source: @dydxfoundation).