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DYDX Token Jumps 7% After Derivatives Exchange Protocol dYdX Starts Buyback Program

DYdX is allocating 25% of protocol fees to the program, with active governance discussions on an increase to 100%.

Stock market price charts (Anne Nygård/Unsplash)
The dYdx decentralized derivatives exchange introduced a buyback program, boosting the price of DYDX. (Anne Nygård/Unsplash)