According to @dydxfoundation, the $DYDX Buyback Program has repurchased over 5.24 million DYDX via the Treasury subDAO as of the September Analyst Call after launching in April 2025, source: dYdX Foundation on X, Oct 16, 2025. Approximately 25% of protocol fees are directed to ongoing buybacks, channeling trading-generated revenue to support token holders and network security, source: dYdX Foundation on X, Oct 16, 2025. More buybacks are planned for H2 2025, underscoring the dYdX DAO’s commitment to revenue-backed tokenomics and value alignment, source: dYdX Foundation on X, Oct 16, 2025.