According to the source, the Uniswap Foundation announced a governance proposal to activate Uniswap protocol fees and implement UNI token burns, while restructuring the ecosystem under a unified development model led by Uniswap Labs, source: Uniswap Foundation governance announcement. For traders, protocol fees establish on-chain revenue and token burns reduce circulating UNI, making governance voting and rollout milestones key catalysts to monitor for UNI price, liquidity, and funding dynamics, source: Uniswap Foundation governance announcement.

According to @dydxfoundation, a live governance forum proposal would allocate 100% of net protocol fees to DYDX token buybacks for a three-month experimental trial from Nov 1, 2025 to Jan 31, 2026, with discussion hosted on the dYdX forum, source: dYdX Foundation on X, Oct 29, 2025; dYdX forum. For traders, if approved, this redirects all net fees into continuous DYDX buybacks during the stated window, creating mechanical buy-side flow equal to net fees while the policy is active, with the initiative currently at the proposal stage pending community decision, source: dYdX forum; dYdX Foundation on X, Oct 29, 2025.

According to @dydxfoundation, the dYdX protocol has generated nearly $62 million in fees since chain launch, with the majority distributed directly to stakers and funded by real trading activity rather than inflationary emissions, source: dYdX Foundation on X, Oct 28, 2025. According to @dydxfoundation, each dollar of exchange revenue is allocated across token buybacks, the Megavault, the Treasury subDAO, and stakers, creating a self-sustaining rewards model based entirely on protocol revenue, source: dYdX Foundation on X, Oct 28, 2025. According to @dydxfoundation, this fee-driven distribution highlights staking yields and recurring buybacks as core on-chain cash flows for DYDX stakeholders, making fee growth and staking participation key metrics for tokenholder returns, source: dYdX Foundation on X, Oct 28, 2025.

According to dYdX Foundation, the Treasury SubDAO has repurchased more than 5 million DYDX since April using 25% of protocol fees, with program details and live metrics available at buyback.dydx.trade; source: dYdX Foundation on X, Oct 27, 2025. According to dYdX Foundation, the next scheduled buyback is set at 1.12 million DYDX, a concrete size that traders can monitor for on-chain activity timing and liquidity tracking; source: dYdX Foundation on X, Oct 27, 2025. According to dYdX Foundation, traders can track execution and cumulative repurchases in real time via buyback.dydx.trade to inform DYDX order flow monitoring; source: dYdX Foundation on X, Oct 27, 2025.

According to dYdX Foundation, community governance has initiated a program that directs 25% of protocol fees to open-market DYDX buybacks, source: dYdX Foundation on X, Oct 22 2025, https://twitter.com/dydxfoundation/status/1980952734829326638. Since April 2025, over 5 million DYDX have been purchased, with most of these tokens staked via the Treasury SubDAO, source: dYdX Foundation on X, Oct 22 2025, https://twitter.com/dydxfoundation/status/1980952734829326638. The foundation provides a real-time tracker at https://buyback.dydx.trade for monitoring buybacks, source: dYdX Foundation on X, Oct 22 2025, https://twitter.com/dydxfoundation/status/1980952734829326638.

According to @cas_abbe, Aster generated $241.35 million in fees over the past 30 days, highlighting strong protocol activity and user demand, source: X post by @cas_abbe dated Oct 19, 2025. The author characterizes @Aster_DEX as unstoppable, pointing to sustained traction that traders may monitor for continuation signals, source: X post by @cas_abbe dated Oct 19, 2025. Protocol fee growth is commonly used by market participants as a proxy for on-chain usage and liquidity depth when evaluating DEX momentum, source: Token Terminal documentation on protocol fees.

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.

According to @dydxfoundation, the September Analyst Call reported that dYdX’s lifetime trading volume across all protocol versions is over $1.5 trillion, protocol fees total over $60.3 million, and distributions to stakers exceed $45.3 million, all driven by real trading activity rather than inflation; source: dYdX Foundation on X on Oct 12, 2025.

According to @AggrNews, the Uniswap Foundation proposed a DUNA DAO structure designed to clear the path for enabling Uniswap’s long‑awaited fee switch. source: @AggrNews The fee switch allows governance to route a portion of swap fees to the protocol under governance control, altering protocol revenue flows and LP/treasury economics relevant to trading decisions. source: Uniswap Protocol documentation

According to @esatoshiclub, the dYdX Chain has utilized $1.88 million in protocol fees to buy back and subsequently stake 2.87 million DYDX tokens since March. This strategic program uses network revenue to purchase tokens from the open market and stake them with validators, which is designed to enhance network security and potentially create positive price pressure on the DYDX token by reducing circulating supply.

According to Michaël van de Poppe, the SuperseedXYZ project has initiated its Supersale, attracting over 1000 participants in a retail-focused DeFi environment with a unique self-repaying loans model.