DYDX LAUNCHES FIRST BUYBACK PROGRAM

Summary from the TLDR Crypto newsletter

The dYdX Community has launched its first-ever buyback program, allocating 25% of net protocol fees to monthly buybacks to reduce circulating supply and increase network security. This move aligns the token's value with platform growth as dYdX expands its capabilities with new features like spot trading and EVM support, reinforcing its long-term tokenomics and sustainability.