TechFlow reported on March 24 that dYdX announced the launch of its first $DYDX token buyback program. Starting today, the platform will use 25% of its protocol's net fees to repurchase DYDX tokens from the open market each month.

TechFlow reported on March 24 that dYdX announced the launch of its first $DYDX token buyback program. Starting today, the platform will use 25% of its protocol's net fees to repurchase DYDX tokens from the open market each month.

According to an official announcement from dYdX, the decentralized exchange has launched its first $DYDX token buyback program. Starting today, the platform will use 25% of protocol net fees each month to repurchase DYDX tokens from the open market.