
Thor|Mar 24, 2025 10:45
dYdX announcing a token buyback with 25% of revenue.
Annualized revenue is at 17.2m which is 4.3m in DYDX buybacks.
Meanwhile ~$46m in team/investor tokens unlocks over the next year.
Daily volume <$100m across all pairs the past few days which is pretty crazy considering their market dominance last cycle.
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