According to ChainCatcher, the dYdX Foundation announced that since launching the DYDX buyback plan in March, they have repurchased 2.86 million DYDX tokens, valued at $1.87 million, with the next round set to buy back 593,570 DYDX tokens, and 100% of the repurchased tokens will be used for staking.
As previously reported, on March 24, dYdX officially stated that they will use 25% of the protocol's net fees each month to repurchase DYDX tokens from the open market, further strengthening their long-term commitment to the ecosystem.




