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Will dYdX Buyback Program Pump DYDX Crypto In April?

Summary by 99 Bitcoins
dYdX, a prominent decentralized trading platform, has launched its inaugural buyback initiative, sparking intrigue within the crypto community. This strategic move allocates 25% of the platform’s net protocol fees to repurchase DYDX tokens from the open market monthly. Based on 2024 revenue data, this could translate to an impressive $11 million worth of DYDX tokens repurchased each year. As traders keenly observe the development, speculation ab…
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99 Bitcoins broke the news in on Thursday, March 27, 2025.
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