dYdX Reports $9.3B Trading Volume and 75% Buyback Allocation in November

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Derived from Chainwire, the dYdX Foundation shared key updates from its November Analyst Call, including a 75% increase in the protocol’s buyback allocation from net trading fees, approved via on-chain governance. The network recorded $9.3 billion in 30-day trading volume, with 246 million DYDX staked (~30% of circulating supply). The Foundation also highlighted $2 million in annualized savings from the Grants Program and a $10 billion cumulative trading volume from the Affiliate Program. The integration with CCXT expanded institutional access to dYdX markets.

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