What percent DYDX allocates to buybacks?

TLDR

dYdX (DYDX) allocates 75% of protocol revenue to open?market token buybacks per a freshly approved governance change (dYdX governance update).

1. The buyback share rose from 25% to 75% after a community vote (governance notice).
2. The remaining revenue includes 5% to Treasury SubDAO and 5% to MegaVault (foundation summary).

Deep Dive

1. New Allocation

The community approved redirecting 75% of protocol fees to buybacks on the open market. This is a significant shift toward aligning tokenholder incentives with platform performance and ongoing fee generation (governance notice).

1. The plan also routes 5% to the Treasury SubDAO and 5% to the MegaVault (foundation summary).
2. Some details remain open, including whether repurchased tokens are burned or held in treasury (market coverage).

2. Prior vs Now

Earlier governance allocated 25% to buybacks; the new framework raises this to 75%, tripling the buyback emphasis (dYdX governance update).

1. Analysis cited that, at current prices, buybacks could retire up to ~5% of total supply annually if revenue remains robust (analyst note).
2. The change is part of a broader tokenomics refinement, with community backing aiming to tighten circulating supply and improve incentive alignment (governance notice).

Conclusion

The dYdX community has shifted to a buyback?heavy model, allocating 75% of revenue to repurchases. That strengthens the link between platform performance and token economics, though outcomes will hinge on actual fee generation and whether repurchased tokens are burned or retained.