Core Insights - The dYdX community has proposed a three-month experimental buyback program aimed at strengthening the DYDX token's price, set to run from November 1, 2025, to January 31, 2026 [1] - The program is expected to allocate between $5 million and $10 million for repurchasing DYDX tokens, enhancing value for tokenholders and testing capital efficiency [1][2] Buyback Program Details - The buyback initiative will utilize the protocol's net transaction fees, temporarily shifting the distribution of fees to 100% for buybacks while maintaining validator rewards from the Community Treasury, which holds over $100 million in assets [2][4] - This proposal builds on a previous buyback program launched in March 2025, which allocated 25% of trading fees for token repurchases, resulting in over 5 million DYDX tokens being bought back [2][5] Market Impact and Future Prospects - The trial aims to gather data on price performance, market cap efficiency, and investor sentiment, with the potential to strengthen DYDX's position as a leading decentralized trading protocol [4][5] - As of now, DYDX is trading at approximately $0.3308 with a market capitalization of $262 million, reflecting a nearly 68% decline over the past year, attributed to ongoing token unlocks [6] - Supporters believe the buyback plan could enhance DYDX's price performance, positioning it as a top penny crypto investment for 2025 [6]

Product Development & Strategy - dYdX Labs to launch Telegram-based perpetual swaps trading in September 2025 [1] - dYdX is preparing major upgrades including USDT, Solana, and fiat funding options [1] - dYdX to enable DYDX–USDC swaps via Osmosis [1] - Roadmap includes real-world assets such as U S stocks and pre-IPO opportunities, staking incentives, and spot trading powered by Pocket Protector [3] Performance & Improvements - API speed has improved 98% since April [2] - Trading activity has risen over 50% [2] - Deposits above $100 are now free across Ethereum, Arbitrum, Optimism, Polygon, Avalanche, and Base [2] Market Positioning & Goals - dYdX aims to challenge centralized exchanges and capture wider adoption of DeFi by embedding trading in Telegram and removing barriers to entry [3] - dYdX stresses the need to grow market share and long-term community value [2] Platform Features - Social login with Google, Apple, and Passkey [3] - Batch orders for greater efficiency [3] - Partner fee sharing, with platforms earning up to 50% of fees [3] - Staking-linked discounts to boost DYDX token utility [3]

DYDX TO LAUNCH TELEGRAM TRADING IN SEPTEMBER 2025- @dYdX Labs will roll out a new Telegram-based trading experience in September, letting users trade perpetual swaps directly inside the messaging app.- The feature comes through its acquisition of Pocket Protector and is part of a broader push to expand decentralized trading access.Alongside Telegram trading, dYdX is preparing major upgrades:- Social login wit Google, Apple, and Passkey- Batch orders for greater efficiency- Partner fee sharing, with platform ...