According to @dydxfoundation, buybacks were a focus of the December call and 75% of protocol fees are currently routed to DYDX buybacks to reinforce economic security and long-term alignment with token holders, source: dYdX Foundation (X, Dec 29, 2025). For DYDX traders, this policy directly links protocol fee run-rate to recurring buy-side demand from buybacks, creating a measurable input for assessing market impact, source: dYdX Foundation (X, Dec 29, 2025). Monitoring protocol fee trends can therefore help estimate the pace of DYDX buybacks funded by fees, without implying any price outcome, source: dYdX Foundation (X, Dec 29, 2025).

According to dYdX Foundation, on chain derivatives are clearing nearly 1 trillion dollars per month, and its December 2025 Analyst Call reviews year end market conditions, a dYdX protocol overview, and an update on DYDX token buybacks (source: dYdX Foundation, Dec 23, 2025). The agenda lists trading fee discounts and fee holidays for BTC and SOL, which directly change trading costs on dYdX for active markets (source: dYdX Foundation, Dec 23, 2025). Additional topics include BONK integration with dYdX, Solana spot trading, FOXIFY integration, a Crypto.com campaign, Surge Season 9, and an ecosystem map, with a guest segment featuring the President of dYdX Labs (source: dYdX Foundation, Dec 23, 2025). The call is hosted by dYdX Foundation CEO Charles dHaussy and also covers IRL events in Abu Dhabi and a Q and A segment (source: dYdX Foundation, Dec 23, 2025).

According to @dydxfoundation, the November Analyst Call featured Nethermind outlining progress on Rust and Python trading clients, a TradingView integration, and accelerated DYDX buybacks (source: dYdX Foundation on X, Dec 3, 2025). The replay is available on X for traders to review the implementation updates and the stated acceleration of DYDX buybacks (source: dYdX Foundation on X, Dec 3, 2025).