平台引入回购计划后，DyDX（DYDX）令牌跳高7％

DyDX是分散的衍生品交换DYDX的代币，在该平台引入回购计划之后，跃升了近7％至0.72美元

Decentralized derivatives exchange dYdX said Thursday it's launching a token buyback program, dedicating 25% of its monthly protocol fees to purchasing tokens on the open market.

分散的衍生品交易所DYDX周四表示，它将启动一个代币回购计划，将其每月协议费的25％献给在公开市场上购买代币。

The move comes as part of a broader effort to reinforce the role of its native token, DYDX, in the network’s security and economic model amid a prolonged downtrend that has seen the token decrease by 78% over the last 12 months.

此举是为了加强其本地代币DYDX在网络安全和经济模型中的作用而进行的更广泛努力的一部分，这是在过去的12个月中的延长下降趋势中的延长趋势下降了78％。

The buybacks will mark a shift in how dYdX allocates its protocol revenue, with 40% going to stakers, 25% to the new program, 25% to its market-supporting MegaVault and 10% toward treasury initiatives.

回购将标志着DYDX分配协议收入的转变，其中40％用于Stakers，25％转移到新计划中，25％转移到其市场支持的Megavault，而10％的国库计划则转移到了国库计划中。

The exchange reported $46 million in net protocol revenue in 2024 from over $270 billion in trading volume, according to a press release. Governance discussions are already exploring the possibility of increasing the buyback share to as much as 100% of protocol fees.

根据新闻稿，该交易所报告说，2024年的净协议收入为4,600万美元，从交易量超过2700亿美元。治理讨论已经在探索将回购份额提高到协议费用的100％的可能性。

Tokens bought as part of the program will be staked for “an extended period of time to improve network security,” a dYdX representative told CoinDesk.

DYDX代表告诉Coindesk，将作为该计划的一部分购买的代币将被放置在“更长的一段时间以提高网络安全性”。

The token's supply dynamics are also shifting, with emissions set to drop by half starting in June. Most DYDX tokens have already been unlocked, with the remainder scheduled to vest by mid-2026, the press release said.

令牌的供应动力也正在变化，从6月开始，排放量将下降一半。新闻稿称，大多数DYDX令牌已经被解锁，其余的定于2026年中期。

A pending proposal may also remove unbridged Ethereum-based DYDX tokens from circulation if not transferred to the dYdX layer 1 by June.

如果在6月之前未转移到DYDX第1层，则待处理的建议还可以从循环中删除未触及以太坊的DYDX令牌。