Overlooked during October’s Perp DEX war, dYdX just stunned markets after the governance process approved a sweeping update to its tokenomics framework, allocating 75% of all protocol revenue to open market buybacks of DYDX tokens.
The proposal, numbered #313, was passed by 59.38% of community voters on Thursday, marking one of the most aggressive revenue-to-redemption ratios among major decentralized protocols.
Previously, only 25% of net protocol fees were allocated to DYDX redemptions, with the remainder going to operational and treasury functions. Therefore, the new move can be seen as a tripling of buying pressure on the price.
New crypto buyout DYDX announced: Tokenomic buying pressure triples
The newly adopted framework will see the protocol dedicate three-quarters of its fee revenue directly to purchasing and staking DYDX, while 5% will be sent to the SubDAO Treasury and 5% to the MegaVault, according to the dYdX Foundation.
“Starting today, 75% of protocol fees will be used to repurchase DYDX on the open market,” the foundation confirmed on X.
The community voted to increase $DYDX redemptions of 25% → 75%.
Starting today, 75% of protocol fees will be used to buy back DYDX on the open market
-dYdX (@dYdX) November 13, 2025
The new buyback policy takes effect immediately, signaling a significant reduction in the circulating supply of the token that could instantly propel the price of DYDX on an upward trajectory.
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Takeover announcement is latest in a series of early pre-US dYdX moves
This latest vote is the continuation of a series of symbolic improvements initiated earlier this year. dYdX first launched its buyback mechanism in March 2025, coinciding with the v4 mainnet migration and a planned emissions reduction by June 2025.
The updated buyback allocation is part of a broader strategy to improve value capture, staking yield, and governance participation, directly linking token holder incentives to platform performance.
And in a show of momentum, the move follows dYdX’s rapid growth on its standalone Cosmos-based chain, where cumulative trading volume recently surpassed $1.5 billion.
It also comes as the exchange prepares to debut in the US market later this year and continues its campaign to remove maker and taker fees on some perpetual pairs in order to increase liquidity depth.
With the repurchase ratio now having tripled, investors’ attention is turning to DYDX’s on-chain burn rate, staked returns, and whether tight supply will accelerate token appreciation in the coming weeks.
DYDX Price Analysis: Crisis Surgery for DYDX Price – Can Buyback Buying Pressure Correct the Chart?
The approval of the buyback proposal comes at a poignant time for the DYDX price chart, which is currently at its lowest level following months of downward price volatility.
(Source – 1W, DYDXUSDT, TradingView)
Now trading -77% year-to-date, the repurchase program is increasing investor appetite and hopes for a reversal, especially as the price continues to trade around critical support above $0.25 – a sustained level since October 10 – which has seen the price fall to an all-time low at $0.05.
Yet, with the bullish shift in DYDX’s token fundamentals, things could improve for the re-emerging DEX coin, with price action grabbing a vital support line above the 20DMA on November 7.
(Source – 1D, DYDXUSDT, TradingView)
This could pave the way for a sharp rebound, possibly a reversal if price action can break out (above $0.5) from the descending pendant pattern it has maintained over the past year.
Such a view appears cautiously possible given that the RSI indicator remains cooled to a strong bullish signal at 45, suggesting significant upside capacity remains in the chart – with $0.50 being the immediate target for DYDX bulls.
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The post Historic dYdX Pass Redemption Allocating 75% of Revenue to DYDX Token Redemptions appeared first on 99Bitcoins.
